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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.
Post Brothers has completed a $30 million conversion of a 100-year-old warehouse in West Philadelphia into apartments.
The building at 780 S. 52nd St. near the Baltimore Avenue corridor has 150 units. In 2017, Post Brothers paid $2.4 million for the 115,835-square-foot building that had sat vacant for more than 10 years and moved ahead with turning it into apartments.
Read more at Philadelphia Business Journal, https://www.bizjournals.com/philadelphia/news/2019/05/28/post-brothers-completes-west-phila-conversion-set.html