John Ruths
Philadelphia, PA (USA)
Role(s):
Founder/Owner/Principal
Philadelphia Realty Corporation
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Startup
Location:
Philadelphia
Industry:
Real Estate
Year Founded:
2013
Number Employees:
1-10 people
Business Stage:
Creation/Idea
Entity Type:
Limited Liability Company
Description:
Philadelphia Realty Corporation is a builder/developer/renovator of housing in the Philadelphia, PA metropolitan area. Our current focus is on state and county sponsored subsidized housing. The current economic conditions have put thousands of individuals and families in the area out of their homes. Currently, there is a one to four year waiting list for subsidized housing and the numbers grow daily. We want to fill that gap with investment-grade, managed and monitored housing. Subsidized housing is funded by the federal, state and local governments, depending on the type of housing (guaranteed revenue). The principals of the company (John C. Ruths and Daniel H. Danella) have a combined 50 years' experience in construction and real estate management.