odin-properties Research by SuperAGI

Overview

Odin Properties is a real estate firm headquartered in Philadelphia, Pennsylvania. Since its founding in 2009, the company has specialized in transforming under-performing assets in the Eastern United States. The organization’s primary focus is on unlocking long-term value for residents, stakeholders, and investors, particularly in neighborhoods underserved by other investors. Odin Properties demonstrates an impactful approach through market analysis, due diligence, renovations, and advanced management strategies.

Key Information

Company Size: 51-200 employees

Headquarters: 30 S 15th St, Suite 301, Philadelphia, PA, 19102

Contact Number: 267-773-7537

Email for Media Relations: mediarelations@odinprop.com

Website: [Odin Properties](https://odinproperties.com/)

Social Media: [Facebook](https://www.facebook.com/odinproperties/), [Instagram](https://www.instagram.com/odin_properties/?hl=en)

Executive Leadership

Philip Balderston

Role: Founder & CEO

Location: Philadelphia, PA

LinkedIn: [Profile](https://www.linkedin.com/in/philipbalderston)

Noted for his sharp knowledge in real estate and finance, emphasizing the firm's mission to provide quality and accessible housing.

Other Key Executives

Justin Pesin - Management Principal ([LinkedIn](https://www.linkedin.com/in/justinpesin))

Al DiFrancesco - Vice President of Human Resources ([LinkedIn](https://www.linkedin.com/in/aldifrancescovpodinprop))

Brett Torgan - Controller ([LinkedIn](https://www.linkedin.com/in/brett-torgan-0baa8320))

Justin Kaplan - Director of Development ([LinkedIn](https://www.linkedin.com/in/kaplanjustin))

Brett Goldenhorn - Vice President of Property Management ([LinkedIn](https://www.linkedin.com/in/brett-goldenhorn-4a3b32a))

Jonathan Coyle - Director of Asset Management ([LinkedIn](https://www.linkedin.com/in/jonathan-coyle-89000a57))

Company Operations

Odin Properties currently manages approximately 10,000 apartments and 200,000 square feet of commercial space across 14 U.S. states. The company has a track record of purchasing challenging properties and converting them into design-forward assets that cater to renters across various income levels.

Recent Developments

In 2022, Odin Properties introduced new affordable apartments in Overbrook.

The company received approval in November 2021 to develop the Walker Lofts in Lincoln.

Odin Properties is recognized among the top property management companies in Pennsylvania.

Core Values

Odin Properties values excellence, teamwork, integrity, responsibility for results, action bias, and a consumer-centric approach, all of which are critical to its mission.

Competitor Profiling

Major Competitors

BG Capital

Assets Under Management: $250 million

Square Footage Developed: 1.35 million sqft

Ongoing Projects: $550 million worth of projects spanning 2.5 million sqft

Sectors:

Industrial: Cold storage, light industrial facilities, last-mile warehousing

Medical Offices: Specialty hospital-use, multi-tenant healthcare facilities

Multi-family & Mixed-Use Development

KWPhilly

Offers residential real estate services with customer-centric approaches, aligned with the Keller Williams brand noted for innovative technology solutions.

Ewing & Clark, Inc.

Located in Seattle, this firm combines residential, commercial sales, and property management services, being the oldest real estate firm on the West Coast.

ExchangeRight

Manages a diversified portfolio of net-leased and value-add properties, known for secure capital investments with over $6 billion in assets under management.

QuadReal Property Group

A global real estate investment firm with approximately $89 billion in assets under management, focusing on innovation and social responsibility.

Key Differentiators and Strategic Moves

BG Capital emphasizes mixed-use developments and a robust industrial sector presence.

ExchangeRight offers 1031 exchange offerings that ensure stable capital and income.

QuadReal maintains a vast international presence with a commitment to investment returns and community enhancement.

Technology Utilization

Competitors such as ExchangeRight and QuadReal invest heavily in real estate technology and ESG standards. Odin Properties' specific technological strategies are not detailed.

Financial Performance

Annual Revenue: $12.4 million

Number of Employees: 83

Strategic Focus

Odin Properties, along with its affiliate Odin Ventures LLC, provides private equity and debt capital to small and medium-sized high-growth businesses. This approach offers diversified investment opportunities and risk management.