Connect With Industry Leaders

The Penrose Group leadership team includes some of the industry’s most seasoned and respected professionals. With an eye for innovation and a commitment to detail, our team is the driving force behind the success of our properties. Partnering with The Penrose Group means partnering with the best.

  • Mark W. Gregg Mark W. Gregg
  • Michael Gregg Michael Gregg Michael R. Gregg

Mark W. Gregg, Founder
Managing Partner & President

Mr. Gregg has over 30 years of experience in various aspects of commercial, residential, hospitality and retail real estate. Mr. Gregg founded The Penrose Group in 1990 and its team of professionals has become one of the leading diversified real estate firms in the Washington, DC area, providing asset management, development and financial services to the real estate industry. Mr. Gregg is a member of many professional and charitable organizations. He earned his BA from the University of St. Thomas, St. Paul, Minnesota.

Michael R. Gregg, LEED AP BD +C

Michael is a Partner of The Penrose Group. He joined Penrose in 2011 from Turner Construction and earned his Bachelor’s degree from Susquehanna University.  Michael is responsible for acquisitions at Penrose along with daily management of project design, permitting and construction administration activities for all of The Penrose Group’s development projects.  Projects of note include Park Crest community in Tysons Corner, VA along with Latitude, Pike 3400, and 672 Flats Apartments in Arlington, VA.  Michael is a member of several professional organizations including , The DC Real Estate Group, ULI and is a LEED AP BD+C.