Joel Murovitz has over 25 years of experience across many aspects of the real estate and construction industries. Joel began his engineering career as a staff engineer with Willmer Engineering in Atlanta, Georgia where he conducted environmental, geotechnical and materials testing studies. Subsequently, as a Project Engineer with Parsons Brinckerhoff in Tel Aviv, Israel, he managed the design and construction of infrastructure projects for both the Israeli government and the Palestinian Authority (PA).
Joel's real estate career began with Robert Charles Lesser and Company, a national real estate consulting firm, performing market analyses, financial feasibility and consumer research studies for various land uses and real estate products for planning purposes as well as development mix programming. Subsequently with various entities in the Inland Real Estate Group of Companies, he oversaw large-scale capital projects for a 300-plus shopping center portfolio and implemented a preventative maintenance budgeting, scheduling and training program for property managers. He then managed all land development efforts related to acquisition due diligence and project zoning, design, permitting, site work construction and tenant coordination for large-scale mixed-use and commercial developments.
During his tenure with GlassRatner, Joel oversaw the management, construction and disposition of hundreds of assets of varying types and classes including multifamily, single family portfolios, retail, office, industrial, hospitality, c-stores, agricultural and automotive. He oversaw the firm's real property services including asset, property and construction management as well as leasing and disposition. He was also a leading contributor to the firm's valuation work on unique real estate assets or transactions and a senior member of the construction advisory and dispute resolution practice.
Joel continues delivering independent fiduciary, advisory, real estate management and construction expertise with Penstock Advisory Services. Founded in 2009 as a real estate brokerage firm, Penstock— bringing the same depth of experience and direct, hands-on approach to every engagement. He has been appointed in both Federal and state courts and has trial testimony experience as an expert.
Joel brings creative problem solving to operational and physical challenges and clear communication to all stakeholders.
Brandon Smith, et al. v. Cardinal Group Management & Advisory, LLC d/b/a Cardinal Group Management; Glendale Properties 1, LLC d/b/a Mint Urban Infinity; Glendale Properties II, LLC d/b/a Mint Urban Infinity — District Court, City and County of Denver, Colorado · Case No. 2021CV33357
Kimberly Segura, on Behalf of Herself and All Others Similarly Situated v. Avenue5 Residential LLC, a Delaware Limited Liability Company — United States District Court, District of Colorado · Civil Action No. 1:24-cv-1577
Residential Property Management Best Practices, Warranty of Habitability, Appropriateness of Fees
November 2022 · March 2025 · January 2026