“When looking at who is renting at Piazza Alta . . . we found over half of residents are from out of state, in their early 30s or older and have six-figure incomes,” Matthew Pestronk Post Brothers co-founder told Forbes. “They’re choosing to rent with us because they want bigger, high-quality apartments that are virtually unheard of in densely populated urban areas. All of this points to the larger idea that cities aren’t dead, they’re simply evolving.” https://lnkd.in/eTAjgEd9
Post Brothers
Real Estate
Philadelphia, Pennsylvania 8,181 followers
Post Brothers is a nationally-recognized leader in development, innovation, and sustainability.
About us
Post Brothers was founded in 2006 by Matthew and Michael Pestronk to exclusively focus on creating and operating infill, class-A, “best-in-class” apartment buildings at a superior cost basis. Post Brothers is a nationally-recognized leader in development, innovation, and sustainability. Since the company’s founding in Philadelphia in 2006 it has developed more than 30 properties and 4,000 apartments, which have all thrived due to a common theme: making a level of upscale state-of-the-art living accessible at a price point which and to people for whom it was not previously available. Post Brothers’ triple bottom line objectives have resulted in constructing the first LEED-certified residential highrise in Philadelphia, being the largest private buyer of wind-generated electricity in the Philadelphia region, winning best places to work awards, and making six-star-resort-quality living within reach for public school teachers. By being vertically integrated with over 200 employees providing deep in-house expertise in design, construction, leasing, and management the company is able to maintain a singular focus on product quality, creating homes that bear the collective wisdom of our enterprise. The company’s employee ownership structure ensures execution by those who care deeply about making superlative properties and effectuating exceptional experiences for our residents.
- Website
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http://www.postrents.com
External link for Post Brothers
- Industry
- Real Estate
- Company size
- 51-200 employees
- Headquarters
- Philadelphia, Pennsylvania
- Type
- Privately Held
- Founded
- 2006
- Specialties
- Real Estate Development, Commercial Real Estate, Property Management, and Leasing
Locations
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Primary
1021 N Hancock St
Suite 1
Philadelphia, Pennsylvania 19123, US
Employees at Post Brothers
Updates
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“It’s clear what housing demand is like today and what it will be in five years,” Pestronk said. “We’re skating to where the puck is going, not where it was in 2019.” Philadelphia Business Journal's Paul Schwedelson provides a first look at the much-anticipated One Thousand One project. https://lnkd.in/eTMMzZBf
First look: One Thousand One building from Post Brothers and Tower Investments set to debut at Broad and Washington - Philadelphia Business Journal
bizjournals.com
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Piazza Alta leads a resilient Philadelphia multifamily market as rent growth increases despite new supply. https://lnkd.in/euHjh889
Philadelphia Rents Nudge Up For First Time Since Last Year
bisnow.com
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Post Brothers reposted this
One Thousand One is Now Leasing! Check out our new website, come by for a tour with one of our amazing Leasing Agents or even move in - today! : https://lnkd.in/eKiRtb9S #liveonethousandone #philadelphiarealestate #postbrothers #destinationliving #thecanopyclub
One Thousand One — Impeccable design. Exquisite amenities. An emblem of sophisticated living.
https://liveonethousandone.com
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President Matthew Pestronk will join Commercial Observer’s Spring Financing CRE Forum on May 7th to share his perspective on real estate lending, distress opportunities and market trends. Read more on the Commercial Observer website: https://lnkd.in/e5Nwsf-g.
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Philadelphia magazine's Sandy Smith shares his guide on Northern Liberties, one of the most desirable residential destinations in the country. https://lnkd.in/e5PSveji
Living in Northern Liberties: A Neighborhood Guide
phillymag.com
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CEO Michael Pestronk joined The Exchange on CNBC to discuss housing supply dynamics, changing renter demographics and office-to-residential conversion. https://lnkd.in/ekDRYa5R
Post Brothers CEO discusses trends in office-to-home conversions
cnbc.com
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Post Brothers reposted this
Artomatic returns to DC tomorrow after 15 years! In the Golden Triangle neighborhood, this 7-week art exhibition will activate 300,000 square feet of vacant office space, featuring 1,000+ artists & performers. From March 8 to April 28, the community be able to experience a vibrant display of visual art, performance, workshops, and more. “Bringing Artomatic to a vacant office building is emblematic of our vision for DC’s downtown and actions we’re recommending in the Downtown Action Plan,” Golden Triangle BID President and CEO Leona Agouridis said. “More and more, we are taking existing Golden Triangle spaces and finding ways to make them shine in new ways that draw people downtown.” Post Brothers , which owns the vacant office building slated for a residential conversion, is partnering with the Golden Triangle BID to temporarily activate the property for the community in the interim. Don't miss this celebration of creativity in the heart of the city's office corridor! #Artomatic is located at 2100 M St NW, free to attend but donations are accepted. Press release - https://ow.ly/N2qn50QNXcG See the full list of events at artomatic.org #Artomatic #BeDowntown #GoldenTriangleDC
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We're partnering with the Golden Triangle Business Improvement District to host Artomatic DC at our newest development, 2100 M Street NW. The event will activate and transform the space into a seven-week art exhibition. https://lnkd.in/e9UN7xrW
Huge arts event to consume vacant D.C. office building ahead of its residential conversion - Washington Business Journal
bizjournals.com
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CEO Michael Pestronk joined Fox Business Network Varney & Co to discuss the driving trends behind "forever renters." https://lnkd.in/eU6cdvGN
Michael Pestronk on tapping into 'forever renters' market | Fox Business Video
foxbusiness.com