Company Profile
Philadelphia Suburban Development Corporation
Family-owned commercial real estate developer, owner, property manager, and construction manager specializing in custom facilities for government agencies, non-profits (behavioral health, medical, education), and for-profit enterprises. Provides full-cycle development services including site selection, zoning, permitting, financing, design, and in-house construction and property management. Owns over 100 properties totaling 2-3 million SF with $500M AUM, focused on the Philadelphia region (office, industrial, retail, mixed-use, redevelopment).
Key Statistics
As of June 2026, public records show Philadelphia Suburban Development Corporation has $352.2M in total recorded mortgage volume across 39 mortgages, with 329 current property ownerships held through 13 confirmed entities.
Total Mortgage Volume
$300.9M
Current Ownerships
329
Confirmed Entities
13
Associated People
10
Entities (13)
Philadelphia Suburban Development Corporation operates through 13 confirmed holding companies and entities identified from public records.
PA · 92 properties · 24 mortgages
PA · 5 properties · 3 mortgages
PA · 15 properties · 1 mortgage
PA · 0 properties · 1 mortgage
PA · 1 property · 1 mortgage
+8 more entities not shown
People (10)
Key individuals associated with Philadelphia Suburban Development Corporation based on signatures extracted from recorded documents and public filings.
Former VP and Principal / VP Commercial Development · 75 mortgages · 127 properties
Appears on 15 affiliated entities: PHILADELPHIA SUBURBAN DEVELOPMENT CORP (PA), PHILADELPHIA SUBURBAN DEVELOPMENT CORP (NJ), WENDYS PROPERTIES LLC (PA), ROBERT NICOLETTI FAMILY TRUST (PA), TRUSTEES FOR THE ROBERT NICOLETTI FAMILY TRUST (PA) and 10 more.
Founder (Former President/CEO; deceased) · 33 mortgages · 87 properties
Appears on 1 affiliated entities: PHILADELPHIA SUBURBAN DEVELOPMENT CORP (PA).
Co-CEO and Treasurer · 29 mortgages · 95 properties
Listed as Vice President and signer on 20 documents across 3 affiliated entities (100% affiliation ratio), including PA and NJ versions of the main company. Matches dossier person "Joseph J. Ferrier, CPA" (name variant: full name and CPA credentials omitted).
Chief Legal Officer · 13 mortgages · 26 properties
Appears as Assistant Secretary on 8 affiliated entities (100% affiliation ratio), including the main company entity and family trusts related to the Nicoletti family, indicating deep involvement in corporate governance and estate matters. Matches dossier person "Lori N. Peruto, Esq." (name variant: full middle initial and Esq. omitted in filings).
+6 more people not shown
Properties (329)
| Address | Entity | Status | Consideration |
|---|---|---|---|
| 1620 FILLMORE ST, PHILADELPHIA, PA 19124 | PHILADELPHIA SUBURBAN DEVELOPMENT CORP | Owns | $8k |
| 1690 SUMNEYTOWN PIKE #4, LANSDALE, PA 19446 | PHILADELPHIA SUBURBAN DEVELOPMENT CORP | Owns | $13.5M |
| 1424 W LEHIGH AVE #40, PHILADELPHIA, PA 19132 | PHILADELPHIA SUBURBAN DEVELOPMENT CORP | Owns | $575k |
+270 more not shown
Top Lenders
The following lenders have the most recorded mortgage volume with Philadelphia Suburban Development Corporation entities.
Geography
Philadelphia Suburban Development Corporation has recorded real estate activity in the following states.
FAQ
What does Philadelphia Suburban Development Corporation do?
Family-owned commercial real estate developer, owner, property manager, and construction manager specializing in custom facilities for government agencies, non-profits (behavioral health, medical, education), and for-profit enterprises. Provides full-cycle development services including site selection, zoning, permitting, financing, design, and in-house construction and property management. Owns over 100 properties totaling 2-3 million SF with $500M AUM, focused on the Philadelphia region (office, industrial, retail, mixed-use, redevelopment).
How many entities are associated with Philadelphia Suburban Development Corporation?
Philadelphia Suburban Development Corporation operates through 13 confirmed entities identified from signatures on recorded documents. Key entities include PHILADELPHIA SUBURBAN DEVELOPMENT CORP, PSDCMALVERN 1 LLC, and Q4 REAL ESTATE LLC.
Who are the key people at Philadelphia Suburban Development Corporation?
Public records and filings associate 10 individuals with Philadelphia Suburban Development Corporation. Key people include Mark Nicoletti (Former VP and Principal / VP Commercial Development), Robert Nicoletti (Founder (Former President/CEO; deceased)), and Joseph Ferrier (Co-CEO and Treasurer).
How many properties does Philadelphia Suburban Development Corporation own?
Public records show 329 current property ownerships associated with Philadelphia Suburban Development Corporation entities, with $300.9M in total recorded mortgage volume.
Which lenders has Philadelphia Suburban Development Corporation worked with?
Top lending relationships include Fulton Bank, Truist Bank, and TD Bank, based on recorded mortgage data.
How is this data collected?
Elementix aggregates data from recorded real estate documents, business filings, and other lawfully available sources. We use AI to extract signatures, identify entity relationships, and connect people to the companies they operate through.
The information displayed on this page is compiled from recorded real estate documents, business filings, and other lawfully available sources. Elementix summarizes and analyzes public record activity related to investment real estate and associated business entities.
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