About Us

PH Retail Partners, an affiliate of Post Brothers, was founded in 2014 by Michael Pestronk, Matthew Pestronk and Randolph Hope to focus exclusively on acquiring and developing retail assets with clear-cut plans to immediately add value to the investment through its leasing and development expertise. PH Retail targets opportunistic and value-add situations in which it can deploy its institutional quality resources with entrepreneurial speed and decisiveness.

PH Retail Partners principals have completed in excess of $1,000,000,000 of sponsored real estate transactions over their collective 50 years of experience.

PH Retail Partners targets opportunistic development projects and value-add projects in retail sector located in between Washington, D.C and New York City with strong focus on the Philadelphia MSA. PH Retail Partners actively looks to acquire mismanaged, operationally and/or functionally dysfunctional, or obsolete properties that can be renovated into best-in-class status in their respective market. Their current portfolio consists eight retail properties totaling more than 300,000 SF and more than $75,000,000 of total capitalization.

Co-Founder
Matthew Pestronk

Matthew Pestronk is a real estate investment and development professional whose deal-making, financing and strategic acumen are an invaluable element of the partnership that drives the success of PH Retail Partners.

Matthew serves as President of Post Brothers, where he has sponsored Class-A multifamily development projects, mixed use and retail projects comprised of over 3,000 apartment units and over 200,000 sf of urban retail space, with total equity raised of approximately $350 million since 2006 and a stabilized value in excess of $1.4 billion. Matthew is responsible for identifying, structuring and executing acquisition opportunities, developing target markets, and all equity and debt financing. Matthew was previously the youngest Managing Director in the 86 history of The Ackman-Ziff Real Estate Group, where he has arranged over 50 equity and debt financings totaling in excess of $1 billion of placed capital on behalf of an entrepreneurial and high-net worth client base across all major asset classes. Matthew serves on the Executive Committee of Jewish Federation of Greater Philadelphia's Real Estate affinity group (JFRE), West Nottingham Academy, Philadelphia Holocaust Remembrance Foundation and Beat the Streets Philadelphia.

Co-Founder
Michael Pestronk

Michael Pestronk is a co-founder of PH Retail Partners which is an affiliate of Post Brothers Apartments ,where Michael is a CEO.

As CEO, Michael Pestronk heads all property development and operational activities of the company. Post Brothers was founded in 2006 and since that time Mr. Pestronk has focused exclusively on creating a best-in-class enterprise with a current portfolio of in excess of 3,000 Class-A apartments and 200,000 sf of urban retail space, with total equity raised of $350 million and a stabilized value in excess of $1.4 billion. Michael has 14 years of experience in the multi-family real estate industry, having previously worked for NWJ Companies and Historic Landmarks for Living, as well as being a principal of Iron Stone Real Estate Group, where he was collectively responsible for the repositioning, operations and capitalization of over $300 million of real estate. During this time his responsibilities encompassed all aspects of apartment ownership including acquisitions, financing, development, construction, management, and leasing. During 2004-5 he was fully engaged in the property and asset management leadership of Historic Landmarks and was instrumental in the operational turnaround of a large portfolio of urban Class-A apartments, where he increased NOI without capital spending, and facilitated a $200 million recapitalization of the portfolio. Michael takes great pride in his focus on identifying the right product to build, building simultaneously with high quality and cost effectiveness, and rapidly renting all of our units at top of the market rents.

Co-Founder
Randolph Hope

Randolph Hope is a co-founding member and managing director of PH Retail Partners. Randolph directs all investment, development, and asset management initiatives of the firm. Randolph is a development and leasing professional with a diverse background in both retail and multifamily real estate.

Prior to forming PH Retail Partners in 2014, Randolph was a Director at Panther Properties in which he was integral in growing the company from its first acquisition in 2010 through its completion of it first fund in 2014. Randolph oversaw the acquisition and development of more than 3,600 apartment units across 13 communities throughout the Southeastern United States. The portfolio created has a value in excess of $450,000,000 and more than $100,000,000 of equity capital invested. Prior to participating in the formation of Panther Properties, Randolph was Vice President at Metro Commercial Real Estate a leading retail real estate brokerage firm in the Mid-Atlantic region. While at Metro Commercial he completed in excess of 350 lease and sale transactions with consideration in excess of $300,000,000.