The
Story
About Us
Property Markets Group was founded by Kevin Maloney in 1991, and is a premier real estate investment, development and general construction firm. The company is headquartered in New York with offices in Miami and Chicago. PMG is one of the few remaining full-service, large-scale development companies with staff capable of maneuvering all facets of the development process. With direct hands-on experience in the acquisition, renovation, financing, operation and marketing of commercial and residential real estate, PMG has completed 85 residential buildings in New York, Florida, and Chicago, and over 150 real estate projects throughout the United States.
During its 25-year history, PMG has developed projects across all asset types and distinguished itself by focusing on premier luxury residential properties. Consistently enhancing the luxury experience, PMG is notable for meticulously designed projects such as Walker Tower, Stella Tower, The Belnord, The Briarcliffe, The Kingsley, Mei Miami Beach and most recently, Echo Aventura in North Miami Beach. Currently, PMG is in various stages of developing over 5million square feet of residential property, including 10 Sullivan, Queens Plaza Park, Queens Plaza South, Echo Brickell, Muse Residences, 111 Leroy Street, 548 West 22nd St and numerous others throughout New York City, Miami, and Chicago.
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Real Estate
Transactions
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Years of
Experience
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Residential
Buildings
PMG is currently developing 111 West 57th Street (in partnership with JDS Development Group), aimed at becoming one of the tallest luxury residential condominiums in New York at 1,428 feet; Echo Brickell, a 180-unit luxury condominium designed by world-renowned architect Carlos Ott, positioned in the heart of Brickell, Miami’s fastest-growing metropolitan neighborhood; 10 Sullivan, a 16-story luxury condominium tower featuring the highest residence in all of SoHo; and Muse, a boutique 68-unit luxury condominium located directly on the pristine beaches of Sunny Isles, Florida.
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BILLION
DEVELOPMENT
PROJECTS
PMG is one of the few remaining full-service, large-scale developers that can rely on its own staff throughout the entire development process.
PMG’s professional staff manages more than 50 employees and has developed, in conjunction with its JV partners, more than $6 billion in development projects since its inception.
PMG’s executive leadership and market presence continue to attract some of the nation’s most elite developers, architects, and contractors. Such resources have allowed the company to focus on approaching and cornering the private market.
GENERAL
CONSTRUCTION
PMG's construction services range from simple cosmetic programs to the most complex restorations and new construction projects in the current marketplace.
The company's network of architects and designers provides the experience and wherewithal to upgrade AND adaptively reuse and/or construct properties of any asset class, providing services ranging from general contracting to construction management.
Commercial
investment &
Management
PMG's commercial real estate investment group focuses on the acquisition and active management of commercial single- and multi-tenant office and industrial properties and multi-family assets located throughout the United States.
PMG seeks to acquire properties that present value-add or opportunistic repositioning scenarios, or those that are trading at a substantial discount and present an environment value that can be realized immediately upon closing.
Regional
Appraisal
In addition to full-service asset and construction management operations, PMG provides appraisal and consulting services through Regional Appraisal Associates.
This year, the company celebrated its 27th-year anniversary as New York City's leading boutique appraisal services company. From the beginning, the company has built its reputation on adhering to proven appraisal methodologies, and by focusing on valuations for major financial institutions that are funding large commercial transactions, and trusts and estate attorneys who calculate estate taxes. Additional services performed include appraisal review, feasibility studies, investment analysis, and arbitration.
If you are interested in more information from Regional Appraisal Associates, please contact: Kenneth Wong, MAI, Managing Director at 212 610 2817 or KWONG@REGIONALAPPR.COM.