Pennington Real Estate Partners

About Pennington Real Estate Partners

Pennington Real Estate Partners is a real estate operator. Its investment focus is on Multifamily - Ground-up, Multifamily - Value-Add and Opportunity Zones.

Pennington Real Estate Partners (PREP) is a real estate investment platform launched in early 2024 by Pennington Partners & Co., a multi-family office established in 2016. The firm focuses on direct real estate investments across the United States, targeting both residential and commercial properties in markets such as California, Colorado, Maryland, and Texas. Its investment approach emphasizes capital preservation, risk-adjusted returns, and strategic opportunities within the real estate sector. PREP specializes in a range of tax-advantaged and structured investment strategies. These include Opportunity Zone investments, structured equity transactions, senior secured lending, and other alternative real estate financing solutions designed to support development and repositioning projects. The firm provides preferred equity investments that generally target returns in the mid-to-high teens over investment periods of three to five years. In addition, PREP pursues distressed construction opportunities, pre-temporary certificate of occupancy (pre-TCO) investments, and other situations where strategic capital can support project completion and value creation. Through its focus on both equity and debt investments, Pennington Real Estate Partners seeks to generate attractive returns while maintaining exposure to a diversified range of real estate opportunities across multiple U.S. markets.

Principals at Pennington Real Estate Partners

Recent activity at Pennington Real Estate Partners

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Pennington Real Estate Partners's project portfolio

No projects on file for Pennington Real Estate Partners yet.

Markets and themes

Investment themes at Pennington Real Estate Partners

• Multifamily - Ground-up
• Multifamily - Value-Add
• Opportunity Zones

Capabilities

• Asset Management
• Mixed Use
• Private Equity
• Urban infill

Operators similar to Pennington Real Estate Partners

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• Strada Investment Group
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• Atlas Stark
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Frequently asked questions about Pennington Real Estate Partners

What does Pennington Real Estate Partners do?

Pennington Real Estate Partners (PREP) is a real estate investment platform launched in early 2024 by Pennington Partners & Co., a multi-family office established in 2016.

How many employees does Pennington Real Estate Partners have?

Pennington Real Estate Partners has 11–50 employees.