PMG has been responsible for over 150 real estate transactions including over 85 residential buildings in Manhattan during its 20+ year history. One of the leading converters of New York City rental apartments, PMG has distinguished itself over the last ten years through its development of new construction condominium developments, in New York City as well as in Florida, Illinois, South Carolina, the Caribbean, and elsewhere. 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.
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.
PMG's construction services range from simple cosmetic programs to the most complex restorations and new construction projects in the marketplace today. The company's network of architects and designers provides the experience and wherewithal to upgrade, adaptively re-use and/or construct properties of any asset class, providing services ranging from general contracting to construction 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.
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 on 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 Michael Neal, MAI, Managing Director at 212-610-2811 or MNEAL@REGIONALAPPR.COM.