Poverni Sheikh Group
We are a vertically integrated real estate development company that seeks out investment and development opportunities in the multifamily, commercial, self-storage and credit spaces across the Mid Atlantic region.
We look to add and create value through our knowledge of development, construction, credit and asset management. We see opportunities where others don’t. We leverage our investments with brownfield, enterprise, historic, low income and other applicable tax and local financing to help control costs and maximize returns.
Overview
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30 person vertically integrated sponsor with in-house development, construction, bridge debt and property management platforms
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Over $120 million in developed real estate since company’s inception in 2009
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$20 million in credit deployed in the last 12 months
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Add value through working with local governments, controlling construction costs, andleveraging property management experience
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Outstanding brand reputation anddeep relationships at the local and regional levels
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Key principals have in excess of 50 years of experience in the local real estate industry
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Key focus on development, lending and construction in the prime high growth Baltimore & Washiongton, D.C. Metropolitan Area
Leadership Team
Eugene Poverni
Ibrahim Sheikh
Greg Kostrikin
Paul Khazanski
Nishant Tella
Janice Tolj
Jacob Ansbacher
