About Us
Phoenix Realty Group (PRG), is a national real estate fund manager providing capital and expertise to urban developers while also providing opportunistic rates of return to institutional investors. The firm is headquartered in New York City with regional offices in Los Angeles and San Diego.
Portfolio Focus
Phoenix Realty Group’s portfolio focus is on urban, economically targeted investments such as: middle market for-sale and rental housing, low-income tax-credit housing, and community revitalizing commercial projects. Specializing in residential and commercial urban development, our projects revitalize neighborhoods and allow residents to achieve homeownership by providing live/work lofts, mid-to-high-rise apartments, townhomes and single-family homes.
A Middle-Market Business Model
PRG makes mid-sized investments to mid-market community-based developers for the creation of urban housing and commercial properties affordable by middle-income households.
A Significant Yield Opportunity in a Diversified Portfolio for Institutional Investors
Our overarching strategy is to provide institutional investors with “double bottom line investments” that yield significant economic and social returns.
A Value-Added Financial Partner to Developers, Providing Equity and Mezzanine Financing
Developers enjoy the following benefits: multiple business lines under one roof
(for-sale, rental, mixed-use and tax-credit financing), consistent
institutional capital, flexible financing structures, responsive
local partner, and catalytic capital for land acquisition and
pre-development funding. As a knowledgeable local market player, we also provide expertise on acquisition, development, leasing and management.
Senior Management
The principals of Phoenix Realty Group created the nation’s
first institutional investment fund focused on for-sale urban
housing for middle-income households. Over the past 25 years,
the firm’s senior managers have raised $4.6 billion
in institutional capital for urban housing nationwide, investing
in more than 1,000 properties valued in excess of $10 billion.
Fund Investors
Phoenix Realty Group has partnered with institutional investors
from America's leading pension funds, banks and insurance
companies dedicated to creating value in urban areas. Phoenix Realty Group is currently managing $725 million in diversified private equity funds, representing approximately $3.5 billion in assets.
Fund Advisors and Regional Offices
Phoenix Realty Group supports our business lines with a significant local office presence (Los Angeles, San Diego and New York) and by partnering with community organizations such as:
