Michael Pestronk

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 5,000 Class-A apartments and 300,000 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.