Astoban Investments
Philadelphia, PA 2–10 employees 2 principals
Last updated by Zailyn
About Astoban Investments
Astoban Investments is a real estate operator headquartered in Philadelphia, PA. Astoban Investments operates in Philadelphia-Camden-Wilmington, Pennsylvania-Delaware. Its investment focus is on Condominiums and Multifamily - Ground-up.
Established in 2006, Astoban Investments is a Philadelphia-based real estate investment and development firm co-founded by Tim A. Shaaban, Managing Director, and Louis Astorino, Deputy Managing Director. Both founders bring more than 25 years of experience in real estate development, architectural design, and construction management across U.S. and Middle Eastern markets. The company specializes in high-end residential and commercial developments, with a focus on distinctive, design-driven projects that stand apart from conventional market offerings. Astoban has raised more than $156 million in private equity and has acquired and developed over 510,000 square feet of real estate. Its portfolio includes notable projects such as the redevelopment of the Freeman’s Auction House property at 1808–1810 Chestnut Street, which features the addition of a 10-story condominium tower above the existing structure.
Principals at Astoban Investments
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