Investor profile - PA
David Smith
David Smith is a real estate investor and operator based in Philadelphia, PA-NJ-DE-MD. Public filings show activity across 249 properties held through 56 holding companies. Recent mortgage relationships include JPMorgan Chase Bank, National Association, Univest, and Rehab Financial Group.
David's Activity
As of December 2025, public records show approximately $849.3M in recorded mortgage exposure linked to this investor across at least 325 mortgage filings and 249 properties held through 56 holding companies. Activity appears concentrated in residential and multifamily assets recorded between 2010 and 2025.
Associated People
Primary Geography
Philadelphia, PA-NJ-DE-MD
ZIP codes: 18651, 18706, 18702, 18634, and 18704
Most recorded activity for this investor appears in WILKES BARRE, PHILADELPHIA, PLYMOUTH, HANOVER, and HARLEYSVILLE.
Property Type Breakdown
Associated Entities (56)
PA · 43 properties · 144 mortgages
PA · 18 properties · 44 mortgages
PA · 13 properties · 40 mortgages
+53 more not shown
Mortgages (325)
Top Lenders
| Date | Amount | Status | Lender | Borrower | Address |
|---|---|---|---|---|---|
| 11/12/2025 | $265k | Open | PYROS GREGORY | REAL ESTATE MAGNATE II LLC | 1 SYCAMORE RD, MOUNTAIN TOP, PA 18707 |
| 06/27/2025 | $175k | Open | PYROS GREGORY | REAL ESTATE MAGNATE LLC | 254 E NOBLE ST, NANTICOKE, PA 18634 |
| 06/27/2025 | $175k | Open | PYROS GREGORY | REAL ESTATE MAGNATE LLC | 252 E NOBLE ST, NANTICOKE, PA 18634 |
+322 more not shown
Owned Properties (249)
| Address | Deeded owner | Status | Consideration |
|---|---|---|---|
| 901 N PENN ST, PHILADELPHIA, PA 19123 R-2502 | LESLIE M STEINBERG AND RICK L STEINBERG TRUSTEES OF STEINBERG FAMILY REVOCABLE TRUST DATED JULY 30 2020 | Sold | $599k |
| 254 E NOBLE ST, NANTICOKE, PA 18634 | REAL ESTATE MAGNATE LLC | Owns - 6 mos | $175k |
| 252 E NOBLE ST, NANTICOKE, PA 18634 | REAL ESTATE MAGNATE LLC | Owns - 6 mos | $175k |
+246 more not shown
FAQ
What type of real estate does this investor focus on?
Associated mortgages and deeds show activity in residential, multifamily, and commercial properties across Philadelphia, PA-NJ-DE-MD.
What companies is David Smith associated with?
David Smith is associated with 56 entities based on extracted signatures from public records. Key entities include REAL ESTATE MAGNATE LLC, REAL ESTATE MAGNATE IV LLC, REAL ESTATE MAGNATE II LLC, REAL ESTATE MAGNATE III LLC, and TOLL MID ATLANTIC LP CO INC.
How many properties are associated with this investor?
At least 249 properties are associated with David Smith and the entities they control, based on signatures extracted from recorded documents connecting David Smith to the entities.
Which lenders has this investor worked with?
Recent mortgage activity references JPMorgan Chase Bank, National Association, Univest, and Rehab Financial Group, indicating a mix of lending relationships.
How recent is their activity?
Records show activity from 2010 through 2025, with the most recent mortgage recorded in 2025.
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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