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Post Brothers is working to set a new standard for amenities with Piazza Alta, a newly built Philadelphia apartment property.
To wrap up the day’s events, CO Editor in Chief Max Gross moderated a discussion on investment sales with PGIM Real Estate Executive Director Justin Levitt, Post Brothers Chief Investment Officer Zak Klinvex, and Ripco Real Estate Vice Chairman Stephen Preuss.
How the Fed decides to unwind trillions of dollars of government debt it owns, could also play a role in what happens with mortgage rates, said Matt Pestronk, president and co-founder of Philadelphia-based real estate firm Post Brothers.
“I’m finding it’s completely based on tenant demand,” said Mike Pestronk, CEO at Post Brothers, a Philadelphia-based Class A multifamily developer, of the push for landlords to add EV charging stations to their properties. “We’re in the consumer product business. We want to give people what they want. The IRA has lots of good stuff in it, but lots of it isn’t totally defined and rolled out yet.”
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