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Triple Crown Corporation is a second-generation builder, developer and property management company that was founded in 1977 by Alex DiSanto. Alex then sold the company to his sons, John and Mark in 1997...
Triple Crown Corporation is a second-generation builder, developer and property management company that was founded in 1977 by Alex DiSanto. Alex then sold the company to his sons, John and Mark in 1997. John M. DiSanto is currently the President and Mark X. DiSanto is the CEO of the company. One of the company's greatest successes was the ability to transfer ownership from the founding generation to second-generation owners while creating growth and increasing profitability. Triple Crown Corporation purchases land, takes it through the entitlement and approval process, develops the infrastructure, builds the home or building, markets the product to the end user or holds for our own portfolio and provides management services. We are aggressive, young real estate developers, builders and managers looking for unique opportunities to unlock the hidden value in the marketplace. We have successfully forged our company into a recognized leader in Providing Excellence in Real Estate Services.
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In a highly competitive marketplace where there are many developers, builders and property managers, earning our customer’s satisfaction and confidence is our top priority. We provide high quality, best value...
In a highly competitive marketplace where there are many developers, builders and property managers, earning our customer’s satisfaction and confidence is our top priority. We provide high quality, best value real estate services on time, every time! While simple in message, we recognize the challenge to deliver this excellent service to each customer.
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Responding to our customers with speed, having the ability to provide new products and services in shorter periods of time and being the best at what we do requires that we continue to strengthen...
Responding to our customers with speed, having the ability to provide new products and services in shorter periods of time and being the best at what we do requires that we continue to strengthen our operational capabilities. Meeting the significantly high standards of excellence, high quality and best value requires commitment from everyone in our organization. Our continued commitment to excellence will ensure our success.
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Triple Crown Corporation
5351 Jaycee Avenue
Harrisburg, PA 17112
Phone: 717.657.5729
TOLL FREE 1.877.TCC.HOME
Fax: 717.657.8125
» Online Contact Form | | |
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Acquisition Criteria For Residential and Commercial Properties | |
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| Triple Crown Corporation targets properties in major markets with good to great locations within that major market. |
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Residential Properties |
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Commercial Properties |
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| Distance |
3-hour drive or direct flight from corporate office |
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3-hour drive or direct flight from corporate office |
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| Size |
+/- 200 units out of Harrisburg
+/- 100 units in Harrisburg |
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+ $5,000,000 outside of Harrisburg market; +/- $5,000,000 in Harrisburg |
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| CAP Rates |
7.45% |
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7.45% |
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| DCR |
1.2 |
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1.2 | |
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Note: for financing, most lenders expect a 1.2 DCR with 20% down payment; mortgage interest rates are trending between 5.8% to 6.2% |
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| Age |
1980’s or newer unless market dictates otherwise (Value Added)** |
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Consider on a case-by-case basis; flexibly opportunistic |
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| Condition |
Case-by-case |
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Case-by-case |
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Target
Opportunities |
Primary: garden-style
Secondary: vertical urban and city locations may be considered |
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Primary: suburban industrial flex warehouse/office and office buildings; build-to-suit; stabilized property |
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| **Triple Crown Corporation will target well-located properties that are under managed or present a value enhancement opportunity through interior and/or exterior renovation. |
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Triple Crown Corporation’s vision is to be a recognized high quality best value real estate services provider expanding our markets by 2010.
If you have a residential or commercial property to sell or know of someone who does, please contact Mark Coakley, Acquisition Manager, at 717-920-8959 or use the form below to submit your information. Thank you! |
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Triple Crown Corporation targets land in major markets with good to great locations within that major market.
If you have land to sell or know of someone who does, please contact Mark Coakley, Acquisition Manager, at 717-920-8959 or use the form below to submit your information. Thank you! |
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