Corner triplex located at a high traffic intersection in Rittenhouse Square. FPRE acted quickly, putting the property under contract within a day of it hitting the market and closed 30 days thereafter.
Marvin’s Garden
Marvin's Garden is a four unit apartment building nestled on a quiet side street in Rittenhouse Square. Marvin's Garden was purchased off market in July, 2020. The property was redeveloped and stabilized. Rents were doubled.
Flats at Suburban Square
Ideally located on Philadelphia's Main Line, just steps from Suburban Square, this eight unit apartment building is being redeveloped with modern kitchens, baths and lovely outdoor spaces.
Norris Square Redevelopment
Historic mansion overlooking Norris Square. This iconic property overlooking Norris Square Park will be restored to its original grandeur while incorporating modern amenities. The project will incorporate eight residences, one commercial space and a carriage house providing two additional residential units.
Historic Washington West Rehab
Historic townhome on a tree lined street in Center City. Purchased in 2014 through off market prospecting. Renovated Spring, 2018.
Cedar Commons
Seven unit apartment complex in Fishtown. Acquired off market in December, 2016. Fully rehabbed and repositioned to take advantage of the growing demand to live in Fishtown. 87% of apartments were leased prior to completion of construction.
Neighborhood Mixed Use Duplex
Acquired through bank foreclosure in February, 2016. Purchased vacant and repositioned with a successful neighborhood Yoga studio. A rehabbed one bedroom apartment is on the second floor.
Fairmount Triplex
Triplex acquired in 2009. Consistently occupied with minimal turnover throughout the last decade.
50th & Baltimore, West Philly
Purchased off market in September, 2017. With minimal cash invested, the property was sold at a sizeable profit in February, 2018.
The Naudain’s & Rodman’s
Multiple single family homes acquired off market from 2010 to 2015. The neighborhood in which these properties are located has seen consistent rent growth, appreciation and low vacancy rates.
Queen Village Residence
Located in the desirable neighborhood of Queen Village, the property was a sizable lot with an undersized structure. FPRE purchased the property off market and secured all entitlements and permits. Thereafter, the property was sold shovel ready to the current homeowner.
