Pennybacker Capital Management has hired Jamie Pacala as managing director, real estate investments, to lead investments across the Northeast and Southeast regions of the United States. Pacala is based in New York.
Before joining Austin-based Pennybacker, Pacala was a managing director at Rockwood Capital where he focused primarily on acquisitions and asset management across property sectors. During his nine-year tenure there, Pacala led the expansion into several new investment markets across the Southeast and Texas. Previously, he worked for Bank of America Merrill Lynch as part of the real estate investment banking team, where he focused on mergers, acquisitions, and capital markets advisory.
