Silver Properties is a privately held real estate investment and development firm specializing in multi-million dollar commercial and residential property transactions. Located in Greenwich, Connecticut, which has long been considered a Mecca of real estate and investment opportunities, Silver Properties has been a leader in the industry for over 25 years.
Having successfully cultivated several relationships with banks and private equity firms (both local and national) that provide capital infusion, the company's primary focus is the Acquisition, Analysis, and Rendering of Superior Rates of Return of Both Performing and Non-performing Real Estate loans. In addition, Silver Properties has long been regarded as one of the premiere developers of large Custom Spec Homes in Greenwich.
Silver Properties' goal is to acquire Investment-grade Commercial and Residential Real Estate through the purchase of distressed and senior loans. Since 1990, the Silver Properties business model has enabled the company to render outstanding rates of return on past and present project-by-project investments.
Greg started his career in Real Estate development over 25 years ago. He began by performing High-end Commercial Construction projects in Fairfield County and then, in 1994, moved into Residential Development in Greenwich, Connecticut with the purchase of his first Spec Home site on Lower Cross Road. Since then, he has developed several homes ranging from $6 million to $14 million in Greenwich, and several Custom Residential projects. Greg most recently has been creating Distressed Real Estate partnerships to purchase distressed notes from banks, and other Distressed Real Estate assets. This year, Greg closed on a 65 Apartment Portfolio in Port Chester, New York, and has completed the foreclosure and is now selling the assets.
203-554-2227 // Email Greg
Joseph R. Lockridge is the Executive Director of Acquisitions for Silver Properties. He is responsible for all phases of the real estate acquisition process.
His other positions have included Director of Legal 1031 Exchange Company, a National Qualified Intermediary for 1031 Tax Deferred Exchanges. During his time at Legal 1031 he ran the day-to-day operations overseeing that all IRC guidelines were met and in strict conformance to the rules and regulations set forth by the IRS. Prior to his role as a 1031 specialist he was an Analyst for Cushman & Wakefield where he was responsible for tracking and maintaining all statistical leasing data for the commercial real estate markets in Fairfield and Westchester Counties. Joseph brings over 15 years of varied real estate experience to his role at Silver Properties.
203-554-5541 // Email Joesph
Silver Properties actively searches for distressed bank debt and properties. We run all phases of the due diligence process and move to acquire mortgages or hard assets to reposition on the market.
Silver Properties handles the overall planning, coordination and quality assurance from inception to completion aimed at meeting our clients' requirements in order to produce functional and financially viable projects.
Silver Properties Develops raw land and also repositions existing real estate. We have established the standard 9 steps of the development process:
By accessing this web site, you are agreeing to be bound by these web site Terms and Conditions of Use, all applicable laws and regulations, and agree that you are responsible for compliance with any applicable local laws. If you do not agree with any of these terms, you are prohibited from using or accessing this site. The materials contained in this web site are protected by applicable copyright and trade mark law.
In no event shall Silver Properties or its suppliers be liable for any damages (including, without limitation, damages for loss of data or profit, or due to business interruption,) arising out of the use or inability to use the materials on Silver Properties's Internet site, even if Silver Properties or a Silver Properties authorized representative has been notified orally or in writing of the possibility of such damage. Because some jurisdictions do not allow limitations on implied warranties, or limitations of liability for consequential or incidental damages, these limitations may not apply to you.
The materials appearing on Silver Properties's web site could include technical, typographical, or photographic errors. Silver Properties does not warrant that any of the materials on its web site are accurate, complete, or current. Silver Properties may make changes to the materials contained on its web site at any time without notice. Silver Properties does not, however, make any commitment to update the materials.
Silver Properties has not reviewed all of the sites linked to its Internet web site and is not responsible for the contents of any such linked site. The inclusion of any link does not imply endorsement by Silver Properties of the site. Use of any such linked web site is at the user's own risk.
Any claim relating to Silver Properties's web site shall be governed by the laws of the State of Connecticut without regard to its conflict of law provisions.
General Terms and Conditions applicable to Use of a Web Site.
We are committed to conducting our business in accordance with these principles in order to ensure that the confidentiality of personal information is protected and maintained.