Park Grove Realty

About Park Grove Realty

Park Grove Realty is a real estate operator headquartered in Rochester, NY. Park Grove Realty operates in Buffalo, New York, New York City, New York and Raleigh-Durham, North Carolina (Research Triangle Park - RTP). Its investment focus is on Affordable Housing, Historic Tax Credits and Medical Office & Healthcare.

Park Grove Realty, LLC is a real estate development, ownership, and property management company founded in September 2015 by Andrew Crossed and Andrew Bodewes. Headquartered in Rochester, New York, the company has operated for 11 years and employs over 50 professionals. Its portfolio includes more than 1,800 apartment units and 250,000 square feet of commercial and retail space, with over $250 million in completed acquisitions and development projects. Park Grove specializes in market-rate and affordable multifamily housing, mixed-use developments, commercial properties, retail facilities, and medical office buildings. Its development activities include ground-up construction, historic preservation, adaptive reuse, and rehabilitation of existing properties. The company develops, owns, and manages its properties through an integrated operating platform. Its geographic presence spans Western New York, Southern New Jersey, and North Carolina's Research Triangle region. Notable developments include Mills Crossing in Wake Forest, Iroquois Lofts in Buffalo, and The Aurora in Ithaca.

Principals at Park Grove Realty

Recent activity at Park Grove Realty

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Park Grove Realty's project portfolio

7 projects on file · Multifamily (7)

Markets and themes

Markets Park Grove Realty operates in

• Buffalo, New York
• New York City, New York
• Raleigh-Durham, North Carolina (Research Triangle Park - RTP)
• Rochester, New York

Investment themes at Park Grove Realty

• Affordable Housing
• Historic Tax Credits
• Medical Office & Healthcare
• Multifamily - Ground-up
• Multifamily - Value-Add
• Standalone Retail
• Urban Office
• Workforce Housing

Capabilities

• Asset Management
• Construction Management
• Economic Development
• Environmental Remediation
• Public-private partnerships
• Site Development
• Transit-oriented development
• Urban infill

Operators similar to Park Grove Realty

• Ellicott Development Company
  Established tierBuffalo, New YorkRochester, New YorkHistoric Tax CreditsWorkforce Housing+5 more themes
• IRA Capital
  Established tierNew York City, New YorkWorkforce HousingStandalone Retail+5 more themes
• Buligo Capital
  Established tierRaleigh-Durham, North Carolina (Research Triangle Park - RTP)New York City, New YorkWorkforce HousingStandalone Retail+4 more themes
• Saunders Construction
  Established tierHistoric Tax CreditsWorkforce Housing+6 more themes
• Taconic Partners
  Established tierNew York City, New YorkWorkforce HousingStandalone Retail+5 more themes
• Edge Realty Partners
  Established tierWorkforce HousingStandalone Retail+5 more themes
• ABS Partners
  Established tierRaleigh-Durham, North Carolina (Research Triangle Park - RTP)New York City, New YorkStandalone RetailUrban Office+3 more themes
• MRP Realty
  Established tierNew York City, New YorkHistoric Tax CreditsWorkforce Housing+4 more themes
• The Daimler Group
  Established tierWorkforce HousingStandalone Retail+5 more themes
• Republic Family of Companies
  Established tierRaleigh-Durham, North Carolina (Research Triangle Park - RTP)Workforce HousingStandalone Retail+4 more themes

Frequently asked questions about Park Grove Realty

What does Park Grove Realty do?

Park Grove Realty, LLC is a real estate development, ownership, and property management company founded in September 2015 by Andrew Crossed and Andrew Bodewes.

Where is Park Grove Realty based?

Park Grove Realty is headquartered in Rochester, NY.

What markets does Park Grove Realty operate in?

Park Grove Realty is active in Buffalo, New York, New York City, New York, Raleigh-Durham, North Carolina (Research Triangle Park - RTP), and Rochester, New York.

How many employees does Park Grove Realty have?

Park Grove Realty has 11–50 employees.