JL
Joel Levy Bibas
Vice President | Investments at Pia Residential
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Work Experience
Vice President | Investments
Jan 2024 - Present · 1 years
Jan 2022 - Dec 2023 · 1 years and 11 months
Senior Associate
Jan 2023 - Dec 2023 · 11 months
Associate
Jan 2022 - Dec 2022 · 11 months
Company Details
11-50 Employees
Founded in 2009, PIA Residential is a private equity real estate firm with a proven track record, buying and managing residential properties in the South East Region of the United States. During the last decade, we invested heavily in the single-family and medium-sized multifamily market; and through our successful management and repositioning, have reaped the benefits of tremendous value appreciation. We are now expanding our investment strategy to purchase institutional-size, workforce, multifamily housing in the Southeast United States. We believe this strategy will produce above-market risk-adjusted returns, for investors seeking asset preservation and appreciation. PIA Residential will invest its own capital, originate and manage opportunistic deals in their own Special Purpose Vehicles (SPVs). We are targeting to hold properties for 5 years with an average 7% cash-on-cash returns and 2X equity multiples.
Year Founded
2009
Social Media
Linkedin
Industry
Real Estate
HQ Location
20815 NE 16th Ave B-17 Miami, Florida 33179, US
Keywords
real estate investmentscquisitionssingle family homes managementrennovationsproperty managementreal estate portfolio managementproject developmentreal estate developmentmarket researchue diligence
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