Areas of Expertise
- Compulsory acquisition and compensation valuations
- Specialist valuations
- Government Advisory
- Expert Witness
- Property Finance, credit submissions, transaction structuring, ongoing approval and management of construction drawdowns, financial covenant management
- Strata Renewal | Unit entitlement reallocation
- Lecturer - Sydney TAFE in the Bachelor of Property Valuation course
Industry Experience
Penny is an experienced property professional with valuation experience in commercial and residential valuations and can provide valuations for mortgage security purposes, strata renewal, residential development, compulsory acquisition, and a reallocation of unit entitlements.
With an adept understanding of how the Strata Schemes Development Act 2015, Strata Scheme Development Regulation 2016, Land Acquisitions (Just Terms) Act 1991, and the use of Codes of Practice, Guidance Material and Case Law apply within a valuation context, Penny is able to offer comprehensive valuation advice, to meet the requirements of the instruction or direction provided.
Penny’s role in the real estate finance team with the Commonwealth Bank has bought an understanding of financiers’ risk appetite and financial covenants for large scale commercial and residential development transactions along with investment grade office, industrial and retail assets.
Penny was elected to the Australian Property Institute Board of Directors in 2022 and is using this platform to give back to the industry and ensure the profession remains valued, scalable, inclusive and forward thinking.
Formal Qualifications
- Fellow of the Australian Property Institute (API Member No. 69141)
- Certified Practising Valuer
- Member of the Australian Institute of Company Directors
- Bachelor of Business, Management – Western Sydney University
- Bachelor of Business, Property Economics - Western Sydney University
- Graduate Certificate, Human Services (ongoing)
