Intercontinental Real Estate Corporation
The Intercontinental Real Estate Corporation is a SEC Registered Investment Adviser that manages private equity real estate investments and provides real estate services for domestic and international clients.[1] Established in Boston, Massachusetts in 1959 as a construction firm by Petros A. Palandjian, an Armenian immigrant from Iran,[2] the corporation has acquired, developed, managed, and owned over US $10 Billion of real estate assets of all real property types. [3] Petros Palandjian died in 1996[4] of gastric cancer. [5] His son, Peter Palandjian, is the CEO [6]of Intercontinental Real Estate Corporation.
Today, Intercontinental manages a portfolio in excess of $4 billion for its clients. The Intercontinental portfolio is diversified both by robust property mix and by geography. Fund strategies actively seek opportunities to invest in both Core and Core-Plus properties, as well as in Value-Add operating properties and development projects,
References
- ^ Intercontinental Real Estate Corporation Website. About Us. Access Date: 2014-02-05.
- ^ The Fifty Families, Part Two. Boston Magazine, 15 May 2006. Access date: 2014-02-05
- ^ Intercontinental website. History. Access date:2014-02-05.
- ^ Petros Palandjian, 59 Real estate developer, investor. Boston Globe. 15 August 1996. Access date:2014-02-05.
- ^ Peter Palandjian, executor, & another v. Gerald S. Foster. 446 Mass.100 5 Dec 2005 - 21 Feb 2006 Middlesex County. Access date:2014-02-05.
- ^ Fitzgerald, Jay. Peter Palandjian: Holding court in real estate investment management. Boston Business Journal, 2011 June 24. BizJournals.com Access date:2014-02-05.
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