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Ethan Penner Leaves Kennedy-Wilson

BEVERLY HILLS, CA-The CMBS wizard departs after less than six months as president of the international real estate services firm. Penner joined Kennedy-Wilson in March.

By Bob Howard | Updated on September 04, 2002

BEVERLY HILLS, CA-Ethan Penner has left his post as president of Kennedy-Wilson Inc. after less than six months, a company spokesperson confirmed Wednesday.

Penner was known as a CMBS and real estate finance wizard for his days at Nomura Asset Capital Corp in the 1990s in an era when commercial mortgage-backed securities grew from obscurity into a major source of real estate finance.

Penner joined Kennedy-Wilson in March and, according to an announcement at the time, was to have worked with Kennedy-Wilson’s Chairman and CEO, Bill McMorrow, in developing and directing the various businesses of Kennedy-Wilson, an international real estate services and fund management firm.

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