Thread: Life The Philippines: Ever live there or work there recently? Have questions
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Old 06-09-2018, 03:43 PM   #37
scho63 scho63 is offline
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Join Date: Feb 2009
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Quote:
Originally Posted by mcaj22 View Post
What kind of properties does your friend own in Philly?

Commercial or Residential?

Is he one of those huge investors putting in huge 130 unit condos. Real Estate is booming in the up and coming areas right now (albeit still some of the biggest drug ridden places in the country)

I was always curious where they came from. New buildings popping up every week.

Residential buy and rent of low income properties. I'm not a fan.

There are better opportunities for all these guys that have pooled money together.

I may be in Philly soon to take a look. I know it's a real hot market but not sure where it is on the beginning-middle-end stage of things.

I heard Bill Ackman of Pershing just made a homerun in Philly and he's using it to rebuy more Pershing shares.

I have a long-time connection to Brandywine Realty Trust
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