Seattle & Northwest + Seattle + Office | January 25, 2023

Unico Promotes Robert Penney to CIO in Seattle

Real estate investment and operating firm Unico Properties, LLC has promoted Robert Penney to Chief Investment Officer, replacing Ned Carner who will leave the firm at the end of March. As CIO, Penney will be responsible for leading Unico’s investment team, developing strategy and sourcing new investment properties and playing a central role in capital formation initiatives.

Penney was previously the firm’s Senior Vice President, Acquisitions, and in his 12-years at Unico has completed more than $3 billion in acquisition, financing and recapitalization transactions.

“Rob is a member of our trusted senior leadership team and like the rest of our members, he is a seasoned veteran within the industry. He is ideally suited to lead the firm’s investment opportunities within the communities we serve,” said Unico CEO Quentin Kuhrau.

“Unico has a storied history as a leader in our markets, with success driven by a large platform of talented, entrepreneurial people. I am honored by the opportunity to lead the investment team in this increased role,” said Penney.

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About Mark Nieto

Mark comes to ConnectCRE with an extensive background as a business and news reporter in San Francisco radio, as well as 35 years as a traffic reporter on several stations including KGO, KNBR, KCBS and KFRC. As a business reporter, Mark covered the tech world in Silicon Valley where he became familiar with real estate transactions in the hot Bay Area marketplace. He attended San Jose State University with a BA in Radio and TV Broadcasting and currently resides in the Lake Tahoe area where he gets to frequently enjoy all of his favorite activities: Golfing, Fishing, Hiking and Skiing.