Commerical and multifamily real estate investors
Kempner Properties of White Plains, led by managing partners and brothers Peter and Jim Kempner, has built a portfolio of commercial and multifamily real estate comprising more than 30 sites in the Northeast that total more than 1 million square feet.
It has been finding success in a variety of markets, such as New York City, Philadelphia, White Plains and New Paltz. Peter”™s sons, Bob and Doug, came on board about four years ago with the idea to shift into acquiring multifamily properties.
The firm buys properties at or below replacement cost, allowing it to maintain rents that are at or below market levels. Peter Kempner reported a high retention rate in Kempner retail properties during the pandemic, which he attributed to working with tenants throughout it, reducing rents and offering abatements in the time of hardship.
For more, visit https://kempnerproperties.com/
