Investor profile - PA
Lance Draeger
Lance Draeger is a real estate investor and operator based in Philadelphia, PA-NJ-DE-MD. Public filings show activity across 29 properties held through 11 holding companies. Recent mortgage relationships include Freedom Mortgage.
Lance's Activity
As of December 2025, public records show approximately $72k in recorded mortgage exposure linked to this investor across at least 1 mortgage filings and 29 properties held through 11 holding companies. Activity appears concentrated in residential and multifamily assets recorded between 2012 and 2020.
Primary Geography
Philadelphia, PA-NJ-DE-MD
ZIP codes: 19124, 19140, 19143, 17349, and 17368
Most recorded activity for this investor appears in PHILADELPHIA, GLENOLDEN, NEW FREEDOM, FOLCROFT, and DARBY.
Property Type Breakdown
Associated Entities (11)
PA · 32,934 properties · 19 mortgages
PA · 19,492 properties · 2 mortgages
PA · 19 properties · 1 mortgage
+8 more not shown
Mortgages (1)
Top Lenders
| Date | Amount | Status | Lender | Borrower | Address |
|---|---|---|---|---|---|
| 05/25/2012 | $72k | Open | Freedom Mortgage | EMC MORTGAGE LLC | 1034 TREMONT DR, GLENOLDEN, PA 19036 |
+0 more not shown
Owned Properties (29)
| Address | Deeded owner | Status | Consideration |
|---|---|---|---|
| 189 ROSEMAR ST, PHILADELPHIA, PA 19120 | WELLS FARGO BANK | Sold | $80k |
| 2329 MERCER ST, PHILADELPHIA, PA 19125 | WELLS FARGO BANK NA | Sold | $130k |
| 424 LONGSHORE AVE, PHILADELPHIA, PA 19111 | WELLS FARGO BANK NA | Sold | $120k |
+26 more not shown
FAQ
What type of real estate does this investor focus on?
Associated mortgages and deeds show activity in residential and multifamily properties across Philadelphia, PA-NJ-DE-MD.
What companies is Lance Draeger associated with?
Lance Draeger is associated with 11 entities based on extracted signatures from public records. Key entities include WELLS FARGO BANK NA, BANK OF AMERICA NA, EMC MORTGAGE LLC, DEUTSCHE BANK NATL TRUST CO AS TRUSTEE FOR VENDEE MORTGAGE TRUST 1993 1 UNITED STATES DEPARTMENT OF VETERANS AFFAIRS GUARANTEED REMIC PASS THROUGH CERTIFICATES, and WELLS FARGO BANK NA SBM TO WACHOVIA BANK NA.
How many properties are associated with this investor?
At least 29 properties are associated with Lance Draeger and the entities they control, based on signatures extracted from recorded documents connecting Lance Draeger to the entities.
Which lenders has this investor worked with?
Recent mortgage activity references Freedom Mortgage, indicating a mix of lending relationships.
How recent is their activity?
Records show activity from 2012 through 2020, with the most recent mortgage recorded in 2012.
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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