JBN Real Estate Spotlight

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Matthew A. Pestronk | Post Brothers, President & Co-Founder:

Matthew Pestronk is co-founder of Post Brothers, a real estate investment, development

and management company with singular and unique expertise in urban real estate

development. Matthew serves as President of the company, engaged in the

sponsorship of 40 Class-A multifamily, mixed-use and retail development projects

comprised of over 8,300 units that are operating, under development or disposed plus,

over 700K sf of office and retail space, with a total capitalized cost in excess of $4.3

billion. Matthew shares strategic leadership of the company with his brother, Michael,

and is engaged in asset management, financing, and project and capital formation.

Matthew has worked in real estate capital transactions for his entire 20+-year career

and was a real estate financing executive in New York City prior to forming Post

Brothers. Matthew is also very active in his community, serving as trustee of

Washington D.C.’s Federal City Council and as a director of Pennsylvania’s Regional

Olympic Training Center. Matthew also has board service experience for multiple

charitable organizations including the Philadelphia Holocaust Remembrance

Foundation, Beat the Streets Philadelphia, Children’s Hospital of Philadelphia and is the

Michael P. Pestronk | CEO, Post Brothers:

As CEO, Michael Pestronk heads all property development and operational activities of

the company. Post Brothers was founded in 2006, and since that time Michael has

focused exclusively on creating a best-in-class enterprise, having developed or acquired

approximately 8,300 Class-A apartments that are operating, under development or

disposed plus, 700,000 SF of commercial space, with total equity raised of over $500

million and total capitalized cost in excess of $4.3 billion. Michael has over 14 years of

experience in the multifamily 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. Michael is a

recognized leader in environmental sustainability, leading Post to be Philadelphia’s

largest voluntary offsetter of carbon emissions since 2011. Michael is co-founder of

GIPC, a non-profit providing construction training and job placement for individuals from

developing communities, which in 2019 trained and placed more minority workers than

any construction training program in Philadelphia.

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