Picerne Real Estate Group

About Picerne Real Estate Group

Picerne Real Estate Group is a real estate operator headquartered in Warwick, RI. Picerne Real Estate Group operates in Austin, Texas, Boston, Massachusetts and Cape Coral-Fort Myers, Florida. Its investment focus is on Affordable Housing, Condominiums and Covered Land & Land Banking.

Picerne Real Estate Group is a privately held real estate development, construction, and property management firm headquartered in Warwick, Rhode Island. The company was founded in 1925, giving it nearly 100 years of continuous operation in the U.S. real estate industry. It employs approximately 1,000–5,000 staff members and operates as a vertically integrated organization handling development, construction, ownership, and property management. The company focuses primarily on multifamily residential housing, including luxury apartment communities and affordable housing developments across the United States and Puerto Rico. Its portfolio includes more than 25,000 apartment units, and the firm builds approximately 4,000 new units annually, placing it among the larger residential developers in the country. In addition to multifamily housing, Picerne is involved in single-family home development and commercial real estate management, including office, retail, and industrial properties. The company’s long-term strategy emphasizes developing, owning, and managing residential communities as long-term assets rather than short-term projects.

Principals at Picerne Real Estate Group