CityLife Property Development & Management, is an urban real estate development, investment and management firm with offices in Philadelphia, Pennsylvania and Brooklyn, New York. Formed in 1996 by Joe Quinones, Managing Partner, CityLife acquires real estate based upon its profit-making potential. At the present time the group's portfolio includes small apartment buildings, mixed use buildings and one to three family homes.
The managing partners Joe Quinones and Kevin Holmes have over 20 years of combined real estate investment and management experience and have collectively completed more than 2.6 million dollars worth of urban real estate transactions. Mr. Quinones and Mr. Holmes joined forces in 2004 to pursue an urban investment strategy along the northeast corridor that seeks to add value by leveraging local economic anchors to further stimulate and rejuvenate areas with upside potential. CityLife will align its private and investor capital to aggressively pursue urban real estate opportunities in excess of $500K dollars.
As an urban developer and manager of residential, mixed use and retail properties, we have successfully been able to provide investors with above average returns due to our keen insight of the Philadelphia and New York markets. CityLife applies its knowledge of the market and neighborhood trends to identify and acquire real estate in areas that have substantial upside appreciation potential post acquisition and development.
CityLife Property Development & Management takes pride in its ability to locate and acquire economically sound, high-yield investment and development properties. Typically, CityLife seeks situations where it can apply its entrepreneurial expertise and value added approach. The company relies upon its principals to identify new markets and undervalued assets. It also leverages its public and private sector relationships to enrich the communities in which it invests.
CityLife Property Development & Management and its principals have owned and developed real estate in New York, Philadelphia and Washington DC. The partners have closed transactions using some of the following institutions as their lenders: First West Mortgage Bankers, The Reinvestment Trust, Sovereign Bank, Greenpoint Bank, Emigrant Funding, Washington Mutual, New York Community Bank.