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 4 properties held through 5 holding companies. Recent mortgage relationships include U.S. Bank, U.S. Department of Housing and Urban Development, and JPMorgan Chase Bank, National Association.
Richard's Activity
As of December 2025, public records show approximately $7.5B in recorded mortgage exposure linked to this investor across at least 25 mortgage filings and 4 properties held through 5 holding companies. Activity appears concentrated in misc assets recorded between 2010 and 2024.
Primary Geography
Miami-Fort Lauderdale, FL
ZIP codes: 33525, 33556, 34221, and 34668
Most recorded activity for this investor appears in PALMETTO, PORT RICHEY, ODESSA, and DADE.
Property Type Breakdown
Associated Entities (5)
FL · 27 properties · 11 mortgages
FL · 58 properties · 8 mortgages
FL · 5 properties · 4 mortgages
+2 more not shown
Mortgages (25)
Top Lenders
| Date | Amount | Status | Lender | Borrower | Address |
|---|---|---|---|---|---|
| 10/23/2023 | $1.8B | Open | U.S. Department of Housing and Urban Development | AMERICAN TOWER ASSET SUB LLC | 245 9TH ST W, PALMETTO, FL 34221 |
| 09/05/2023 | $1.9B | Open | U.S. Bank | AMERICAN TOWER ASSET SUB LLC | - |
| 09/01/2023 | $2.4M | Open | U.S. Bank | AMERICAN TOWER ASSET SUB LLC | - |
+22 more not shown
Owned Properties (4)
| Address | Deeded owner | Status | Consideration |
|---|---|---|---|
| 245 9TH ST W, PALMETTO, FL 34221 | AMERICAN TOWERS LLC | Owns - 6.1 yrs | $0 |
| 6911 FOX HOLLOW DR, PORT RICHEY, FL 34668 | GTP ACQUISITION PARTNERS II LLC | Owns - 10.5 yrs | $0 |
| 16101 9TH EAGLES DR, ODESSA, FL 33556 | NITTANY TRAILS LLC | Sold | $3.2M |
+1 more not shown
FAQ
What type of real estate does this investor focus on?
Associated mortgages and deeds show activity in misc properties across Miami-Fort Lauderdale, FL.
What companies is Richard Palermo associated with?
Richard Palermo is associated with 5 entities based on extracted signatures from public records. Key entities include GTP ACQUISITION PARTNERS II LLC, AMERICAN TOWER ASSET SUB LLC, GTP TOWERS VIII LLC, GTP TOWERS IV LLC, and SPECTRASITE COMMUNICATIONS LLC.
How many properties are associated with this investor?
At least 4 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 U.S. Bank, U.S. Department of Housing and Urban Development, and JPMorgan Chase Bank, National Association, indicating a mix of lending relationships.
How recent is their activity?
Records show activity from 2010 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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