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Craig Penny*

Of Counsel

Craig Penny represents senior living, long term care and hospitality operators, lenders and investors in transactions involving finance, development, construction, acquisitions, leasing, and corporate ventures.

Professional Biography

Prior to joining Baker Donelson, Mr. Penny served as General Counsel for a national developer of senior living and long term care facilities. In his roles at the Roanoke, Virginia-based Smith/Packett Med-Com, Mr. Penny led in-house and outside counsel on more than $200 million annually in new facility construction transactions. Mr. Penny provided business and legal advice regarding construction, debt and equity markets, finance, corporate structure and governance, and contract law. He also led negotiations on acquisitions and divestitures; managed commercial real estate closings; and offered counsel on matters regarding zoning, land use, construction litigation, and contract disputes. During this time, Mr. Penny also served as lead counsel for two affiliates, one of which was a senior living management company with more than 40 locations and more than 3,000 residents, and the other a private equity firm managing more than $1 billion in assets. He handled a wide range of employment, licensure, care, insurance, and other related matters.

In his nearly 20 years of legal experience, Mr. Penny also spent six years in private practice, handling a range of real estate and business matters.

During law school, Mr. Penny served as a judicial intern for the Honorable William H. Lamb of the Supreme Court of Pennsylvania; the Honorable Arnold New of the Court of Common Pleas of Philadelphia; and the Honorable John T.J. Kelly, Jr. of the Superior Court of Pennsylvania.

  • Member – Virginia State Bar
    • Circuit Court Representative – Young Lawyers Conference (2006 – 2010)
  • President of the Rockbridge/Buena Vista Bar Association (2007)



Baker Donelson professional admitted to the practice of law in Virginia; not admitted in Tennessee.

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