At Penzance, a granular focus on operations and cross-departmental collaboration are seen as the keys to unlocking value where others see obstacles. The company's best-in-class team of diverse subject matter experts in finance, engineering, development, and property and construction management uses its market knowledge to uncover situational inefficiencies and identify distressed and transitional assets. The team applies its collective knowledge to repositioning and creating value. Penzance’s strategy is to control and manage the full range of a property’s lifecycle, leveraging its operational expertise to quickly and accurately underwrite and perform due diligence on new opportunities. This early stage of collaboration often leads to unique value creation initiatives, fostering cohesive organizational buy-in to the execution of the company’s investment philosophy.