Philadelphia Based Real Estate Investor and Operator
Opportunistic, Agile, Value
What We Do
All property management, asset management and leasing are contracted inhouse through affiliated teams. Our goal is to have great quality control while being highly efficient on costs.
We seek deep value through off-market and off-cycle opportunities that are overlooked, distressed and underutilized. We are extremely agile and not bound by asset classes, deal sizes or geographic locations.
We believe in being hands on with construction and renovation. We use our own crew directly anytime it’s suitable and utilize our network of contractors for specialized work. We also believe in sourcing materials and supplies directly.
Select Services We Provide
We aim to achieve a margin of safety by buying properties with low basis and steady cash through off-market, off-cycle and distressed opportunities
Hotel | Washington Square
Hotel | Rittenhouse Square
Multifamily | Center City
Multifamily | University City
Multifamily | Temple University
Multifamily | Main Line
Multifamily | University City
Multifamily | Temple University
Multifamily | Temple University
Multifamily | University City
Multifamily | University City
Multifamily | University City
Multifamily | University City
Multifamily | University City
Multifamily | Temple University
Multifamily | Temple University
Student Housing | Temple University
Student Housing | Temple University
Mix-Use | Queen Village
Mix-Use | Queen Village
Mix-Use | Queen Village
We work with limited partnership funds as well as co-GP opportunities with our own capital group.
entrepreneur and collegiate
Working together as a team holistically on acquisition, management, plan executions and disposition.
PROPERTY | PURCHASE DATE | DISPOSITION DATE | DEAL LEVEL ANNUAL YIELD | DEAL LEVEL EQUITY MULTIPLE |
---|---|---|---|---|
310-312 East Buffalo | October, 2014 | October, 2015 | 16.51% | 1.165x |
3219-21 & 3313 Hamilton | February, 2015 | April, 2020 | 16.20% | 1.810x |
1042 South St | April, 2019 | December, 2021 | 27.46% | 1.76x |
4236-38 Chestnut | October, 2020 | June, 2022 | 53.60% | 1.92x |
3805 Baring St | August, 2014 | July, 2022 | 22.03% | 2.75x |
we would love to hear from you
This website does not constitute an offer to sell, a solicitation of an offer to buy, or a
recommendation of any security or any other product or service by Penn Property Partners or
any other third party regardless of whether such security, product or service is referenced in this
brochure. Furthermore, nothing in this website is intended to provide tax, legal, or investment
advice and nothing in this website should be construed as a recommendation to buy, sell, or hold
any investment or security or to engage in any investment strategy or transaction.
Penn Property Partners does not represent that the securities, products, or services discussed in this website are
suitable for any particular investor. You are solely responsible for determining whether any
investment, investment strategy, security or related transaction is appropriate for you based on
your personal investment objectives, financial circumstances and risk tolerance. You should
consult your business advisor, attorney, or tax and accounting advisor regarding your specific
business, legal or tax situation.