Philadelphia Victoria Assoc. L.P.

Longmeadow Capital teamed up with a local property manager to acquire and redevelop several residential apartment buildings in the Rittenhouse Square area in downtown Philadelphia in the mid-1990s. The partnership aggressively redeveloped, managed and repositioned the properties.

 

Status: Through a combination of refinancing, increases in cash flow, escalation of property values, and ultimately a sale in 2003, the partnership realized a mid-twenty percent IRR.
 

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Longmeadow Capital Partners, LLC 171 Dwight Road, Suite 310 Longmeadow, MA 01106
Tel (413) 567-3366 Fax: (413) 567-6556
  2005 Longmeadow Capital Partners, LLC

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