Investor Profile - PA
Richard Demarco
Richard Demarco is a real estate investor and operator based in Philadelphia, PA-NJ-DE-MD. Public filings show activity across 17 properties held through 2 holding companies. Recent mortgage relationships include Commonwealth Capital, Meridian Bank, and ALLEGIANCE BANK OF NORTH AMERICA.
Richard's Activity
As of June 2026, public records show approximately $1.2M in recorded mortgage exposure linked to this investor across at least 5 mortgage filings and 17 properties held through 2 holding companies. Activity appears concentrated in residential assets recorded between 2012 and 2024.
Associated People
Primary Geography
Philadelphia, PA-NJ-DE-MD
ZIP codes: 19014, 19073, 19148, 19008, and 19064
Most activity in UPPER CHICHESTER, NEWTOWN SQUARE, PHILADELPHIA, BROOMALL, and SPRINGFIELD.
Property Type Breakdown
Associated Entities (2)
PA · 2 properties · 5 mortgages
PA · 0 properties · 0 mortgages
Mortgages (5)
Top Lenders
$600k · 1 loan
$551k · 2 loans
$0 · 0 loans
| Date | Amount | Status | Lender | Borrower | Address |
|---|---|---|---|---|---|
| 04/04/2024 | $125k | Open | Meridian Bank | CLOVER DEVELOPMENT CORP | 34 REESE AVE, NEWTOWN SQUARE, PA 19073 |
| 03/18/2021 | $1.2M | Closed | Meridian Bank | CLOVER DEVELOPMENT CORP | 5423 CHICHESTER AVE, ASTON, PA 19014 |
+3 more not shown
Owned Properties (17)
| Address | Deeded owner | Status | Consideration |
|---|---|---|---|
| 5413 CHICHESTER AVE, UPPER CHICHESTER, PA 19014 | MANJIT BHOGAL | Sold | $469k |
| 702 FARVIEW AVE, NEWTOWN SQUARE, PA 19073 | DAVID DOUGLAS | Sold | $326k |
+15 more not shown
FAQ
What type of real estate does this investor focus on?
Associated mortgages and deeds show activity in residential properties across Philadelphia, PA-NJ-DE-MD.
What companies is Richard Demarco associated with?
Richard Demarco is associated with 2 entities based on extracted signatures from public records. Key entities include CLOVER DEVELOPMENT CORP and CELESTE PISANO CO ADMINISTRATORS OF THE ESTATE OF JOSEPHINE DEMARCO.
How many properties are associated with this investor?
At least 17 properties are associated with Richard Demarco and the entities they control, based on signatures extracted from recorded documents connecting Richard Demarco to the entities.
Which lenders has this investor worked with?
Recent mortgage activity references Commonwealth Capital, Meridian Bank, and ALLEGIANCE BANK OF NORTH AMERICA, indicating a mix of lending relationships.
How recent is their activity?
Records show activity from 2012 through 2024, with the most recent mortgage recorded in 2024.
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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