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Awards &
News

Philly CRE Is In Contraction Mode, And Deal-Makers Are Poised To Take Advantage

22nd September, 2023

“You’re getting a call from someone who controls an asset that has no liquidity, and it’s a potential conversion or a piece of land,” Post Brothers co-founder Matthew Pestronk said. “Throw out the lowest number that they won’t be insulted by, say you need this much time to execute, and you’re getting answers of, ‘Huh, let us think about […]

Expansive-owned Longfellow Building near Dupont Circle could be headed for auction

21st September, 2023

Philadelphia developer Post Brothers bought the older 2100 M St. NW building for a potential residential conversion earlier this year.

Flooding the Market: 10,000 apartments are about to pour into the River Wards. Here are 20 projects to watch.

20th September, 2023

While developments like Post Brothers’ $500 million, 1,100-apartment Piazza expansion are nearing completion, dozens of others are kicking off or in the works.

Société Générale Refis Post Brothers’ Philly High-Rise With $165M Debt Package

16th February, 2021

The financing package for The Atlantic included $125 million in senior and $40 million in mezzanine debt

Philadelphia real estate investor and developer Post Brothers has nabbed a $165 million debt package from French investment bank Société Générale (SocGen) to refinance The Atlantic, a 22-story residential high-rise in Downtown Philadelphia, Commercial Observer has learned.

Read more at Commercial Observer