# Penn Street Capital Management LLC

Penn Street Capital Management LLC is a RIA based in Philadelphia, United States.

## Overview

- **Organization type:** RIA
- **Headquarters:** Philadelphia, United States
- **Region:** North America
- **Address:** Philadelphia, PA, United States
- **Assets under management:** Undisclosed

## Regulatory record

- **CRD number:** 290278
- **Registration status:** Registered
- **Reports private funds:** No
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/290278

## About

PENN STREET CAPITAL MANAGEMENT LLC is a state-registered investment adviser with $68 million in regulatory assets under management. The firm has 1 employee and 1 investment adviser. It operates with a single investment adviser.

## Sectors

- Real Estate
- Private Credit
- Infrastructure

## People

- Michael Sacks — Managing Director

## Questions

### Who runs investment decisions at Penn Street Capital Management?

Michael Sacks serves as managing director and is the named principal responsible for investment decisions (per Philadelphia Inquirer, 2019). No other investment professionals are publicly identified.

### How does Penn Street Capital source proprietary deal flow?

The firm relies on direct relationships with local brokers, developers, and other family offices, not on public fund-raising. Its deal flow comes primarily via its network in the Philadelphia real estate and private credit community.

### What investment stages does Penn Street Capital typically target?

The firm invests in direct real estate acquisitions, private credit lending to middle-market companies, and select equity deals. It does not engage in venture capital or early-stage investing.

### What is Penn Street Capital's geographic focus?

The firm concentrates on the Mid-Atlantic and Northeastern United States, with a particular emphasis on Philadelphia and its surrounding suburbs.

### Does Penn Street Capital maintain a website or publicly disclose its portfolio?

No. The firm intentionally operates without a public website, LinkedIn presence, or marketing materials. Its portfolio and deal activity are only known through local news or public records.

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- [Hutch Capital Management](https://altss.com/profile/hutch-capital-management-llc)
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Last updated: 2026-07-06T01:24:23.134Z

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