Investor Profile - PA
Richard Sposato
Richard Sposato is a real estate investor and operator based in Philadelphia, PA-NJ-DE-MD. Public filings show activity across 18 properties held through 6 holding companies. Recent mortgage relationships include Berkadia, First Resource Bank, and Franklin Mint Federal Credit Union.
Richard's Activity
As of June 2026, public records show approximately $27.3M in recorded mortgage exposure linked to this investor across at least 7 mortgage filings and 18 properties held through 6 holding companies. Activity appears concentrated in residential and vacant assets recorded between 2017 and 2024.
Associated People
Primary Geography
Philadelphia, PA-NJ-DE-MD
ZIP codes: 19087, 19023, 19014, 19050, and 19036
Most activity in WAYNE, DARBY, ASTON, LANSDOWNE, and SPRINGFIELD.
Property Type Breakdown
Associated Entities (6)
PA · 7 properties · 3 mortgages
PA · 1 property · 1 mortgage
+4 more entities not shown
Mortgages (7)
Top Lenders
| Date | Amount | Status | Lender | Borrower | Address |
|---|---|---|---|---|---|
| 03/13/2024 | $180k | Open | Franklin Mint Federal Credit Union | NEW VENTURES PLUS ONE LLC | 1010 CHESTNUT ST, COLLINGDALE, PA 19023 |
| 07/13/2023 | $200k | Open | Franklin Mint Federal Credit Union | NEW VENTURES PLUS ONE LLC | 100 N BONSALL AVE, GLENOLDEN, PA 19036 |
+5 more not shown
Owned Properties (18)
| Address | Deeded owner | Status | Consideration |
|---|---|---|---|
| 1010 CHESTNUT ST, COLLINGDALE, PA 19023 | NEW VENTURES PLUS ONE LLC | Owns - 2.5 yrs | $120k |
| 100 N BONSALL AVE, GLENOLDEN, PA 19036 | NEW VENTURES PLUS ONE LLC | Owns - 4.3 yrs | $235k |
+16 more not shown
FAQ
What type of real estate does this investor focus on?
Associated mortgages and deeds show activity in residential, vacant, and office properties across Philadelphia, PA-NJ-DE-MD.
What companies is Richard Sposato associated with?
Richard Sposato is associated with 6 entities based on extracted signatures from public records. Key entities include NEW VENTURES PLUS ONE LLC, LAMAISON MANAGEMENT LLC, NEW VENTURES PLUS TWO LLC, CLM PARTNERS LLC, and PIZZAN BROTHERS LLC.
How many properties are associated with this investor?
At least 18 properties are associated with Richard Sposato and the entities they control, based on signatures extracted from recorded documents connecting Richard Sposato to the entities.
Which lenders has this investor worked with?
Recent mortgage activity references Berkadia, First Resource Bank, and Franklin Mint Federal Credit Union, indicating a mix of lending relationships.
How recent is their activity?
Records show activity from 2017 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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