Project Outline SREA Property Management was named as a court-appointed Receiver for a 100+ year old, 17-story, 61-unit apartment building at the corner of 16th & Spruce Streets, in the Rittenhouse Square Neighborhood of Philadelphia. The property continues to...
Project Outline The Piers is a mixed-use property located along the historic Penn’s Landing bank of the Delaware River in Philadelphia, Pennsylvania. Built in the 1920s, the two piers were redeveloped into multi-family residential complexes in the late 1980s. The...
Project Outline SREA Property Management was hired to reposition a 60,000 square foot corporate office building located at 2500 York Road, Jamison, Pennsylvania and implement a plan to sell the property at the highest possible sale price. Under SREA Property...
Project Outline A community development financial institution (CDFI), that manages over $706 million in capital, engaged SREA Property Management to manage and dispose of its real estate owned (REO) portfolio, consisting of the following: A mixed-use...
Project Outline Resource Real Estate Holdings, Inc. (Resource) invests in and manages real estate investment vehicles on behalf of its own and for outside investors and operates the Company’s commercial real estate debt platform. As a result of the...
Court-Appointed Receivership Project Overview SREA Property Management appointed Receiver for a 360-unit affordable senior housing building in poor condition, tasked with stabilizing and marketing the property. Challenges More than 207 L&I violations; unsafe,...
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