AN INTEGRATED REAL ESTATE PLATFORM.

BLACKPENCIL is an internationally oriented real estate development and investment organisation with partner locations in Berlin, Bahrain and Miami. We specialise in the development and delivery of hospitality, tourism, residential and mixed-use real estate projects. Our integrated platform combines development, architecture, project execution, capital structuring and investor relations — allowing us to manage opportunities from initial concept through to delivery and exit. We work alongside private investors, family offices, institutional capital partners, landowners, operators and public-sector stakeholders to create and realise complex real estate opportunities.

APPROACH

From Opportunity to Realisation

We approach real estate as an integrated process.

Rather than separating architecture, development and investment into individual disciplines, BLACKPENCIL brings them together from the beginning.

01 — IDENTIFY We identify locations, properties and market opportunities with development potential.

02 — ANALYSE We evaluate market demand, planning parameters, development potential, economics and investment viability.

03 — CREATE We develop the positioning, concept and architecture that define the project.

04 — DEVELOP We manage the development process from planning and permitting through implementation and delivery.

05 — STRUCTURE We develop appropriate capital, investment and transaction structures for each opportunity.

06 — REALISE We bring projects, investors, operators and transaction partners together to realise the opportunity.

TEAM

People Behind the Projects

BLACKPENCIL brings together expertise across architecture, development, investment and investor relations.

Our interdisciplinary approach allows us to assess opportunities from different perspectives while maintaining one clear strategy throughout the project.

MARC WINTERSTEIN

Founder / Managing Partner

Real Estate Development · Investment · Investor Relations

Marc Winterstein focuses on the identification and development of real estate opportunities and on establishing relationships between projects, investors and strategic partners.

His work combines development strategy, investment structuring and investor relations, with a particular focus on hospitality, serviced living and selected residential opportunities.

TRACK RECORD

Experience Through Projects

Our track record reflects our integrated approach to real estate.

It includes self-developed projects as well as developments undertaken with property owners, operators, investors and strategic partners.

Each project represents a combination of location, concept, architecture, development strategy and investment rationale.

Selected Projects →