OUR STORY

Wright Multifamily is a real estate investment management and development firm located in Springfield, PA in suburban Philadelphia.  We acquire, own and manage apartment communities within the PA/NJ/DE area with potential to stretch from Washington, DC to New York.  Wright Multifamily offers investors and residents advantages generated by over 40 years of market investigation and analysis of multifamily communities from Virginia to New York and over 16 years of successful direct multifamily investment management experience. Our mission is to provide quality housing opportunities for our residents and attractive dependable returns to our investors.  Integrity and service are combined with market intelligence to identify, acquire, improve and maintain multifamily property investments.

Our hands on multifamily ownership experience in 3 states includes major rehab/turnaround of a distressed 200 unit project with a 50% vacancy rate; rehab/conversion of two HUD subsidized projects converted to conventional market rate communities and rehab/turnaround of a distressed senior independent living apartment community. Many of these investments are Post-15 LIHTC communities which respond positively to our active asset management.

Both in-house and 3rd party management are utilized wherever best suited to produce successful results.  Wright Multifamily has proven its ability to maintain conventional market rate and affordable income restricted tenancies within the same community by providing a quality housing experience along with consistent enforcement of lease requirements and maintenance standards. State housing finance agencies in PA, NJ and DE have registered positive feedback on our communities. Our properties have been financed by regional banks, a state housing finance agency and Fannie Mae. Each property is held in its own single purpose Limited Liability Company.