Our areas of focus (currently):

At JCRE Holdings LLC, we purchase single family and multifamily properties. We focus on well-located, value-add opportunities in Philadelphia and surrounding suburbs. If you have a property you are looking to sell or know of a property that may be available and fits the criteria below, please contact us.

  • Single Family: We are looking for single family homes in Class A and B neighborhoods that need minor or major renovations. Properties in B/C properties must be on the fringe of gentrifying neighborhoods. 

  • Multifamily: We are looking for 2 – 30 unit apartment buildings or complexes located throughout Philadelphia and surrounding suburbs in Class A or B neighborhoods. Also open to other markets if the deal makes sense for larger projects. The properties will have rents that are under market value or have maintenance issues that need to be addressed. Cap rates must be 8.5% or above with the ability to increase above 10% once stabilized.

  • Land/Other: We are looking for land in residential neighborhoods to build apartment buildings or multiple houses in a row.

As you can see on the map below, we focus primarily in Manayunk/Roxborough, West Philly, and Grays Ferry in the Philadelphia market. If property is a larger multi-unit we are open to other markets.