Founded in 2006 by Matthew and Michael Pestronk, Post Brothers Apartments is dedicated to developing and operating class A, best-in-class apartment buildings and complexes at a superior cost basis throughout Philadelphia. Through vertical integration, Post Brothers handles all business in-house, with expertise in leasing, construction and property management, development, general contracting, transactions, and financing. Today, Post Brothers is among the most active multifamily developers in Philadelphia, and has acquired twelve properties with over 2,900 rental units.
Post Brothers has an extremely successful track record of finding and exploiting unmet rental market niches that are in demand, and each of their completed projects has achieved a rent level far higher than what previously existed in its submarket.
Post Brothers does not perform any third-party management, personally overseeing all general partner duties for their developed properties.
Post Brothers focuses on producing opportunistic returns for its Philadelphia apartment investors by employing a triple bottom line focus of economic, environmental, and social advancement. They focus on urban and suburban infill existing and adaptive reuse projects with a “build-to-core” investment thesis, and are an economic investor focused on achieving opportunistic returns via intrinsic value–driven purchases and the subsequent creation of high-quality long-term cash flows. Sustainability is a natural extension of the reuse of obsolete structures, and all of Post Brothers’ buildings, several of which are LEED-certified, employ numerous green features.