Family Office Investment 
Symposium 2025

JOSEPH PENNER brings 40+ years career background with expertise in nearly every facet of the real estate industry including lending, investment management, acquisition, ground-up development, value-added re-development, leasing and land development. In-addition, he brings a proven track record for obtaining complex entitlements in famously difficult California cities, asset management, and even hands-on onsite property management. Joseph founded Hill Street Realty and HSR Management Inc. (HSR) in 2001 and together they provide a full suite of real estate investment and management services, with capital provided primarily from an investor base comprised of high-net-worth individual investors. HSR has focused mostly upon apartments, office, retail, development and land entitlement.

Prior to HSR, highlights of Joseph’s career include working as executive at many of the most note-worthy real estate institutions, where he was backed by many of the largest institutional investors in the world to execute a variety of real estate investment strategies. These include Citicorp, Legg Mason, Nomura and Starwood Capital. Earlier in his career, he also worked for smaller real estate groups such as JRK investments and The Signature Group, where he gained valuable experience mostly in property and asset management, giving him a unique combination of detailed understanding of the inner workings of leasing, management and development along with decades of institutional finance and investment experience.