19: Multi Hundred Million Dollar Ground Up Construction Projects

These days there are hundreds of syndicators buying multi-family properties in growth markets with the same value-add strategies. As prices for existing multi-family have gone through the roof, today’s guest has pivoted to ground up development of super high end Class A Multi-family buildings in infill locations in large, mature markets in the NorthEast. Matt Pestronk is President of Post Brothers Apartments, based in Philadelphia and is doing amazing things.