Investor Profile - FL
Richard Palermo
Richard Palermo is a real estate investor and operator based in Miami-Fort Lauderdale, FL. Public filings show activity across 61 properties held through 10 holding companies. Recent mortgage relationships include US Bank, Deutsche Bank National Trust Company, and THE BANK OF NEW YORK MELLON.
Richard's Activity
As of June 2026, public records show approximately $7.9B in recorded mortgage exposure linked to this investor across at least 24 mortgage filings and 61 properties held through 10 holding companies. Activity appears concentrated in exempt and residential assets recorded between 2015 and 2024.
Associated People
Primary Geography
Miami-Fort Lauderdale, FL
ZIP codes: 34772, 32807, 33127, 33445, and 34613
Most activity in MIAMI, FORT LAUDERDALE, TAMPA, ORLANDO, and JACKSONVILLE.
Property Type Breakdown
Associated Entities (10)
FL · 243 properties · 7 mortgages
FL · 68 properties · 6 mortgages
+8 more entities not shown
Mortgages (24)
Top Lenders
$7.3B · 7 loans
$600.3M · 2 loans
$7.6M · 4 loans
| Date | Amount | Status | Lender | Borrower | Address |
|---|---|---|---|---|---|
| 10/23/2023 | $1.8B | Open | US Bank | AMERICAN TOWER ASSET SUB LLC | 245 9TH ST W, PALMETTO, FL 34221 |
| 09/05/2023 | $1.9B | Open | US Bank | AMERICAN TOWER ASSET SUB LLC | - |
+22 more not shown
Owned Properties (61)
| Address | Deeded owner | Status | Consideration |
|---|---|---|---|
| CLAY WHALEY RD, SAINT CLOUD, FL 34772 | AMERICAN TOWER ASSET SUB LLC | Owns - 10 mos | $850k |
| 3051 CLAY WHALEY RD, SAINT CLOUD, FL 34772 | AMERICAN TOWER ASSET SUB LLC | Owns - 10 mos | $850k |
+59 more not shown
FAQ
What type of real estate does this investor focus on?
Associated mortgages and deeds show activity in exempt, residential, and industrial properties across Miami-Fort Lauderdale, FL.
What companies is Richard Palermo associated with?
Richard Palermo is associated with 10 entities based on extracted signatures from public records. Key entities include GTP ACQUISITION PARTNERS II LLC, IWG TLA TELECOM LLC, AMERICAN TOWER ASSET SUB LLC, GTP TOWERS IV LLC, and GTP TOWERS V LLC.
How many properties are associated with this investor?
At least 61 properties are associated with Richard Palermo and the entities they control, based on signatures extracted from recorded documents connecting Richard Palermo to the entities.
Which lenders has this investor worked with?
Recent mortgage activity references US Bank, Deutsche Bank National Trust Company, and THE BANK OF NEW YORK MELLON, indicating a mix of lending relationships.
How recent is their activity?
Records show activity from 2015 through 2024, with the most recent mortgage recorded in 2023.
How is associated activity determined?
Elementix uses AI to extract signatures from recorded documents. These signatures are used to determine the relationships between people and entities. This is a novel approach that goes beyond looking at corporate filings and skip-tracing.
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. Any contact indicators shown (such as email domain references or partial phone digits) are provided solely as unverified signals and may be incomplete or outdated.
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