Robert J. Penn

Mr. Robert J. Penn has over 40 years of banking and real estate experience. Prior to joining Bostonia, Mr. Penn spent over 18 years with the U.S. Army Corps of Engineers, Baltimore District where he simultaneously served as the Deputy Chief of the Real Estate Division, Chief of the Special Projects Branch and the Army’s Enhanced Use Lease Program Director.  He developed the Army’s Enhanced Use Lease Program that has produced projects that have included office, industrial, power (including renewable energy), retail, and automotive test facility components.  Prior associations include a 17 year career in banking as a commercial lending officer and mortgage lender.  He was also a principal for 10 years in a real estate consulting company that provided market studies, valuation analysis, portfolio analysis, sales, acquisition and development strategies, and mortgage banking. 

Mr. Penn has received numerous awards during his tenure with the Army including recognition as the 2008 Association of Defense Communities (ADC) Military Leader of the Year.  He was a 2004 Silver Medal Winner as the Federal Executive Board’s Outstanding Supervisor and was the 2004 Real Estate Professional of the Year.  He also received an award from the General Services Administration for innovation in Government.

Mr. Penn is a Vice Chair of the Public Development of Infrastructure Council of the Urban Land Institute.  He has also been a frequent speaker at ADC conferences, Bond Buyers conferences, NCPPP conferences and the American Society of Military Engineers.

Mr. Penn has a degree in economics and finance from the University of Georgia, a Masters in economics from American University and is a graduate of the Harvard Kennedy School’s Executive Fellows Program.