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Who We Are

At Lumina Real Estate Investment Advisors, we pride ourselves on delivering exceptional advisory services tailored to the unique needs of our clients. With a leadership team boasting extensive experience of more than 15 years and a combined track record of over $6 billion in real estate transactions, we are dedicated to guiding our clients towards smart and successful investments.

Whether you're a real estate developer, private equity firm, operator, or broker, Lumina is here to support you every step of the way. With Lumina you can trust that your acquisitions and developments are well-informed and highly calculated, backed by rigorous analysis and expert insight.

Leadership

Michael Pennington, CFA, MBA

Managing Partner

Michael comes from a background in real estate equity research, where he provided analysis and actionable investment insights on REITs of all major property types. He has co-authored over 200 research reports read by some of North Americas leading institutions and real estate investment groups. Michael holds an MBA from the University of Toronto Rotman School of Management.

Hussain

Zulfiqar, CFA, MBA

Managing Partner

Hussain comes from a background in real estate development and private equity, where he was involved in the deal cycle from acquisition due diligence and analysis through to asset management and disposition. With 8+ years experience in the real estate industry, he has been involved in more than $5 billion worth of transactions. Hussain has an MBA from the University of Toronto Rotman School of Management and is a CFA Charterholder.

Who We Are

Leadership

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