Penny’s career includes a broad range of public and private sector experience.
While attending Business School/Cornell, Penny was the Lead Associate for a State Department-funded project and organized multi-disciplinary research teams from Cornell University for in-country investigations in Colombia, Hong Kong and Malaysia; research focused on assessments of science and technology infrastructure and opportunities for improved US assistance. Penny was on the team in Colombia representing the Business School.
Following Graduate School Penny spent two years within the Multinational Corporate Lending Group at the Bank of Boston, a recognized leader in the Latin American banking world.
With her extensive experience in Latin America, Penny joined Harvard University as the Director of Finance and Administration for the multi-nationally funded Latin American Scholarship Program and was responsible for all aspects of budgeting, financial reporting and administration, personnel and compliance. She managed a staff of fifteen. Funding sources included the State Department (USAID and USIA) and several Latin and Central American governments.
In 1993 Penny began her career in commercial real estate and in 2004 formed her own brokerage company, Saugatuck Commercial Real Estate (SCRE). SCRE is licensed in CT, NY, MA RI, NH and FL. SCRE’s diversity and expertise provides strategic value on multiple platforms – retail, office and investment sales, consulting - representing Landlords and Developers, Tenants, and Buyers/Sellers. Representative client relationships include:
• Retail Tenants: Barry’s Bootcamp, Jersey Mikes, Kilwins, Massage Envy, Charles Schwab
• Office Tenants: Priceline, Crius Energy, Janus Funds, Textron Financial, Zeldes Needle Cooper
• Landlord Clients: Regency, Kimco, ECCO III Enterprises, Carmel Partners, Seritage Growth
• Developer Clients: Lennar Multi-Family Companies, Building and Land Technology
• Investors: Equity One, Acadia REIT, Wells Fargo, Belpointe Capital, ACM Realty
• Consulting: Lennar Multi-Family Companies, Town of Ridgefield, Town of Trumbull
Penny is a graduate of Smith College and received her MBA from Cornell University.