Penwood Real Estate Investment Management, Llc
- Regulatory AUM
- $1.5B
- Discretionary
- $1.5B
- Clients
- 6
- Avg AUM / client
- $246M
- Accounts
- 6
- Employees
- 18
AUM over time
Reported AUM from Form ADV filings, plotted by filing date · as of Mar 27, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Pooled investment vehicles (non-investment companies) | 6 | $1.5B | 100.0% |
Private funds (5)
Reported in Form ADV Section 7.B.(1), filing of Jun 2024 · $1.6B combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Penwood Select Industrial Fund Vi, L.P. | Real Estate Fund | Delaware | $537M | 5 |
| Penwood Select Industrial Partners Vii Lp | Real Estate Fund | Delaware | $427M | 5 |
| Penwood Select Industrial Partners V, L.P. | Real Estate Fund | Delaware | $410M | 5 |
| Penwood Select Industrial Partners V Club, L.P. | Real Estate Fund | Delaware | $170M | 3 |
| Penwood Select Industrial Partners Iv, L.P. | Real Estate Fund | Delaware | $31.3M | 4 |
People (6)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Hurley, John, Martin | Chief Investment Officer / Member And Director Of Penwood Realty Advisers, Inc. | Jul 2003 (23y) | 25% – 50% | |
| Nista, Karen, Ann | Chief Operating Officer / Member And Director Of Penwood Realty Advisers, Inc. | Oct 2003 (23y) | 10% – 25% | |
| Koziol, Joseph, John | Chief Compliance Officer / Chief Financial Officer / Member And Director Of Penwood Realty Advisers, Inc. | Mar 2006 (20y) | 10% – 25% | |
| Matrullo, Jeffrey, Paul | General Counsel | Apr 2021 (5y) | Less than 5% | |
| Flynn, Zachary, Higgins | Head Of Acquisitions / Member And Director Of Penwood Realty Advisers, Inc. | Dec 2023 (3y) | 10% – 25% | |
| Kubas, Christine, Marie | Head Of Asset Management / Member And Director Of Penwood Realty Advisers, Inc. | Dec 2023 (3y) | 10% – 25% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Penwood Realty Advisers, Inc. | Manager | Jan 2006 | A | Less than 5% |
Undisclosed: 0% – 35% of the firm is not attributable from the filed Schedule A bands.
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (5, $1.6B gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Penwood Select Industrial Fund Vi, L.P. | Real Estate Fund | $537M | $25.0M | 5 |
| Penwood Select Industrial Partners Vii Lp | Real Estate Fund | $427M | $25.0M | 5 |
| Penwood Select Industrial Partners V, L.P. | Real Estate Fund | $410M | $25.0M | 5 |
| Penwood Select Industrial Partners V Club, L.P. | Real Estate Fund | $170M | $25.0M | 3 |
| Penwood Select Industrial Partners Iv, L.P. | Real Estate Fund | $31.3M | $25.0M | 4 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/27/2026 | 2.33 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Performance-based fees
- • Other fees
- • PERCENTAGE OF COMMITTED OR INVESTED CAPITAL
Services
- • Portfolio management for pooled investment vehicles
Custody
Firm reports having custody of client funds or securities (Item 9.A).
No custodian data reported or mined yet.
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 27, 2026.
View current Form ADV (SEC/IAPD) ↗