Post Brothers

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Matthew Pestronk
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Location: Philadelphia, PA
Founded: 2006

Post Brothers

Matthew Pestronk
President

Post Brothers develops real estate, primarily focusing on multi-family housing. “Our primary innovations are in the field of sustainable building, apartment marketing and leasing, financing and property management,” says president Matthew Pestronk. “We really try to approach development as a consumer-product business and provide something that’s better than the market,” rather than taking a purely financial view, he adds. “If you provide a superior product to the consumer, you’ll make more money in the long run.”

WORDS OF WISDOM: “Embrace conflict.”

Using that approach, Post Brothers has seen tremendous success. “We’ve done in excess of $1 billion of development since we started,” says Pestronk. “I don’t think there’s any other company that’s had a growth trajectory like ours, certainly in Philadelphia.” Pestronk adds that Post Brothers projects are “tremendously profitable” for investors: “We make the same return that somebody would make building a speculative office building or commercial property, but the risk profile is far less.”