# Penzance x Mack Credit Real Estate Strategies: partnership

Canonical ID: `2f0783ca-e1bd-4936-9e1c-04fd24997928`

Penzance partnered with a Boston-based hedge fund on the Highlands mixed-use development with a 380 million dollar construction loan financed by Mack Credit Real Estate Strategies. The project exemplifies Penzance joint venture approach with institutional capital partners.

- **Type:** investment
- **Status:** active
- **Verification posture:** verified

## Parties (2)

- [Penzance](https://registry.deploy.report/companies/penzance.md) investor partner
- Mack Credit Real Estate Strategies _(off-registry)_ investor partner

## Sources (1)

1. https://www.pzre.com/firm/


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