Philip Pilevsky of Philips International knows how to choose valuable property with store rents that he considers below market value, and then strengthen retail rents

1. Philips International
The Importance of Relationships in Real Estate Development

2. • When it comes to real estate
development, it seems there
is nothing Philip Pilevsky of
Philips International can’t do.
Since establishing his firm in
1979, Mr. Pilevsky has
become renowned for his
work in real estate, academia,
and public policy, becoming a
leader in identifying and
establishing business trends
in property development.

3. • Philip Pilevsky, fostering
strong relationships with
bankers, attorneys,
tenants, equity sources,
general contractors,
architects, brokers,
appraiser, and many
others has been one of
the keys to the long-term
success of his work.

4. • Pilevsky entered the real
estate business by buying
and reselling land that was
immune from stringent
zoning requirements. The
land was owned by a
Cuban-American friend of
his, who gave Pilevsky a
20 percent interest in the
project.

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