PREIT

Philadelphia, United States Founded: 1960 • Age: 66 yrs Listed
Retail properties in high-demand markets are owned and operated.

About PREIT

PREIT is a company based in Philadelphia (United States) founded in 1960. The company has 149 employees. PREIT has completed 1 acquisition, including Springfieldtowncenter. PREIT offers products and services including Retail Properties and Leasing Services.

  • Headquarter Philadelphia, United States
  • Employees 149
  • Stage Public
  • Sectors
    Business Services
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website preit.com
  • Social LinkedIn X Instagram
  • Legal Name Preit
Key Metrics
  • Annual Revenue
    $296.03 M (USD)
    0
    as on Dec 31, 2022
  • Net Profit
    -$148.32 M (USD)
    -12
    as on Dec 31, 2022
  • EBITDA
    -$113.08 M (USD)
    4
    as on Dec 31, 2022
  • Latest Funding Round
    $30M (USD), Post-IPO

    Feb 2018

  • Employee Count
    149
  • Investments & Acquisitions

Products & Services of PREIT

PREIT offers a comprehensive portfolio of products and services, including Retail Properties and Leasing Services.

Retail Properties
Real Estate Services

Prime retail destinations are owned and managed to enable community redefinition

Leasing Services
Business Services

Leasing opportunities are provided for diverse businesses in mixed-use districts

Funding Insights of PREIT

  • Total Rounds 3
  • Last Round Post-IPO β€” $30M
  • First Round $180M

    (Sep 2017)

All 3 funding rounds of PREIT with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Feb 2018$30MPost-IPO––
–
Feb 2018$10.2MDebt – Conventional––
–
Sep 2017$180MPost-IPO––
–

People of PREIT

46 people are tracked at PREIT (25 in leadership, 8 in board & advisors, 13 in team); the tracked headcount is 149.

NameRoleGroup
Joseph Coradino
CEOLeadership
Dave Zamichielli
VP, Property AccountingLeadership
Vince Vizza
First VP, LeasingLeadership
Michael Khouri
First VP, LeasingLeadership
Dan Pascale
VP, DevelopmentLeadership
Mario Ventresca
EVP, CFOLeadership
Anthony Diloreto
First VP, LeasingLeadership
Sean Linehan
VP. LeasingLeadership
Carolyn Vansant
Director Of Lease Data And ReportingLeadership
Johanna Didio
VP, LegalLeadership
Bradford Hughart
First VP, Information TechnologyLeadership
Christiana Uy
VP, LegalLeadership
Clare Rose
VP, Specialty LeasingLeadership
Sathana Semonsky
VP, Chief Accounting OfficerLeadership
Paula M. Charles
VP, LeasingLeadership
Lynne Dickerson
Marketing DirectorLeadership
Victoria Clark
Marketing DirectorLeadership
Lisa Wolstromer
Senior Marketing Director, Cherry Hill MallLeadership
Isaak Stein
Director Of Information TechnologyLeadership
Mikia Ross
Senior Marketing DirectorLeadership

26 more people are available in the full profile.

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  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

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Investments & Acquisitions by PREIT

PREIT has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Springfieldtowncenter.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Shopping mall operated featuring retail, dining, and entertainment options.
springfieldtowncenter.com–0Mar 2014$465M
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Complete acquisition details for PREIT

Acquired stakes, deal sources and the complete acquisition history require an active premium plan.

  • Acquired stakes
  • Deal sources
  • Complete history
  • Exports

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Timeline of PREIT

5 dated milestones of PREIT across 58 years, from founding to its latest funding, stage changes and deals.

  1. Founded PREIT is founded.
  2. IPO Lists on the stock exchange (IPO).
  3. Acquisition Acquires Springfieldtowncenter.
  4. Funding First funding round of $180.0M.
  5. Funding Latest funding round, Post-IPO, of $30.0M.

Web traffic of PREIT

The website of PREIT (preit.com) receives about 7.3K visits a month.

  • Monthly visits
    7.3K

    ▲ 17.7% vs previous month

Similar websites

Websites whose visitors overlap most with PREIT. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
federalrealty.com
100%
15.4K#1,725,339View details
regencycenters.com
95%
63.2K#552,535View details
macerich.com
94%
13K#1,948,327View details
bennettwilliams.com
86%
–#1,611,907View details
brandywinerealty.com
84%
14.7K#1,401,963View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 15 similar websites and full traffic analytics for PREIT

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  • 15 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

Latest news on Preit

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Complete news archive for PREIT

Full article history, source details, and older brand coverage require an active premium plan.

  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

Verified entity values are shown only after access is granted.

Similar companies to PREIT

10 companies that operate in the same segment as PREIT (Finance & Accounting Services), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Software-based tax filing services for individuals and small businesses
1955Kansas City, Missouri, United States–USD 3.95 B70,100
Business advisory, finance, and accounting services are provided to clients.
1910Anchorage, Alaska, United StatesUSD 2.76 BUSD 54.77 M2,097
Tax consulting services are provided to clients by Ryan.
1991Dallas, Texas, United StatesUSD 317 MUSD 14.03 M1,111
Provider of financial services
1978Los Angeles, California, United StatesUSD 249.55 M–1,736
Accounting services are provided by Accordion to business clients.
2009New York, New York, United StatesUSD 165 K–351
Cloud-based accounting software is offered for business operations.
2002Tampa, Florida, United StatesUSD 24.33 M–166
Provider of financial management services
1998Johannesburg, Gauteng, South Africa–USD 14.3 B44,916
Financial services in insurance are provided to individuals and businesses.
2019Jaipur, Rajasthan, IndiaUSD 115.63 MUSD 55.59 M280
Business advisory services
1952Atlanta, Georgia, United States––762
Audit, tax, and advisory services are provided in the UK.
1983Bolton, Greater Manchester, United KingdomUSD 6.73 M––
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Frequently Asked Questions about PREIT

PREIT was founded in 1960 and raised its 1st funding round 57 years after it was founded.

PREIT is headquartered in Philadelphia, United States. It is registered at Philadelphia, Pennsylvania, United States.

Joseph Coradino is the current CEO of PREIT.

PREIT has 149 employees.

Annual revenue of PREIT is $296.03M as on Dec 31, 2022.

Founded in 1960 and based in Philadelphia, United States, PREIT operates in the real estate sector focused on retail. Properties in high-demand areas are owned, managed, and leased to diverse tenants. Business development efforts support the transformation of traditional malls into mixed-use districts. Operations include property management and strategic asset utilization to adapt retail spaces across key markets.

PREIT offers Retail Properties and Leasing Services.

PREIT has made 1 acquisition, including Springfieldtowncenter.

PREIT operates through Preit.

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