Business Details
44 Years
experience
Expert Real Estate Development & Property Management Services
Since 1982, 21 Alpha Group has established itself as a leader in real estate investment, development, and management, specializing in multifamily housing and hotel industries. Our national network comprises over 350 professionals with expertise in development, construction, leasing, property management, asset management, accounting, and legal disciplines. We prioritize resident and guest experiences while preserving affordable housing across the continental United States and Puerto Rico. Our development team excels in site selection, design, and leveraging federal, state, and local government programs to create long-term value. Through strategic acquisitions of multifamily and hotel assets, we align opportunities with our commitment to affordable housing preservation.Our data-driven asset management approach ensures sustained investment value, while our property management divisions maximize tenant satisfaction and ROI through technology-driven solutions and energy-efficient practices. With decades of construction experience, including $100 million in affordable housing rehabilitation projects, we oversee every phase from planning to execution. Leadership includes executives with 30-40 years of industry experience in hospitality, multifamily housing, and legal real estate matters, ensuring a legacy of quality and excellence.
Services
Real Estate Development
Property Management
Asset Management
Tax Credit Programs
Construction Oversight
Acquisitions
Affordable Housing Preservation
Hotel Development
Energy Efficiency Programs
Legal Compliance Services
Details
- Year established: 1982
Highlights and features
- We offer 40+ years of leadership experience in multifamily and hospitality real estate.
- Our team specializes in Low-Income Housing Tax Credit (LIHTC) program utilization.
- We implement data-driven asset management strategies for long-term investment value.
- Our nationwide portfolio spans 30+ years of completed rehabilitation projects totaling $100M+.
- Our legal experts ensure compliance with federal, state, and local real estate regulations.
Services
Real Estate Development
Our development team specializes in multifamily housing and hotel projects, utilizing Low-Income Housing Tax Credits and government programs. We manage site selection, design, construction, and financing to create sustainable, high-value properties across the U.S. and Puerto Rico. Our expertise includes navigating complex regulatory requirements for affordable housing initiatives.
Property Management
We maximize tenant satisfaction and investment returns through comprehensive property management services. Our approach includes energy efficiency programs, preventive maintenance, and technology-driven tenant engagement solutions. Our divisions manage both owned and third-party portfolios, including public housing authorities and nonprofit foundations.
Tax Credit Programs
We specialize in Low-Income Housing Tax Credit (LIHTC) program implementation, including 4% and 9% tax credit applications. Our team handles feasibility analysis, syndication, and bond inducements to support affordable housing development while ensuring compliance with federal and state regulations for sustainable community impact.
Construction Oversight
Our construction experts manage projects from planning to completion, including rehabilitation of existing affordable housing units. Services cover bid processing, tenant-in-place rehabilitation, permit management, and subcontractor oversight. Weve completed over $100 million in housing rehabilitation projects over the past decade with a focus on quality and regulatory compliance.
Asset Management
We employ data-driven strategies to measure and optimize asset performance across multifamily and hotel portfolios. Our analytical approach ensures long-term value retention through market analysis, financial benchmarking, and strategic reinvestment planning tailored to investor objectives and market conditions.
People
Kevin Wiser
President & Chief Operating Officer
With 40+ years in hospitality and multifamily housing, Kevin led Pritikin Longevity Center before focusing on affordable housing development. He oversees strategic direction and has managed 10,000+ affordable housing units across the U.S. and Puerto Rico.
Scott Mason
Vice President of Operations & Construction
Scott brings 30+ years of multifamily operations expertise, managing construction and maintenance for LA-area properties. His licensed contracting background supports national portfolio development and repositioning efforts with technical precision.
Sheldon P. Berger
General Counsel
A real estate law specialist since 1974, Sheldon handles acquisitions, financing, and development transactions. With expertise in multifamily, hotel, and commercial properties, he ensures legal compliance across all corporate activities and complex real estate deals.
Franklin Hess
National Director of Development
Franklin provides affordable housing development expertise since 2010, leveraging prior capital markets experience. He structures financing solutions and navigates regulatory requirements for new projects, combining legal and financial acumen to optimize development outcomes.
Ernie Pilpil
Executive Director
With 25+ years in senior management, Ernie oversees corporate administration and accounting operations. His financial expertise ensures fiscal discipline across the portfolio while serving on the Affordable Housing Management Association board for industry leadership.
Questions
What real estate sectors does 21 Alpha Group specialize in?
We focus on multifamily housing and hotel development, investment, and management across the continental United States and Puerto Rico.
How does your company preserve affordable housing?
We utilize Low-Income Housing Tax Credits (LIHTC), government programs, and strategic acquisitions to develop and maintain affordable housing units.
What construction experience does your team have?
Our companies have completed $100M+ in affordable housing rehabilitation projects over the past decade with in-house construction oversight expertise.
Do you manage third-party property portfolios?
Yes, our property management divisions handle third-party portfolios including nonprofit foundations and public housing authorities.
What sets your asset management approach apart?
We use data-driven performance benchmarking and analytical strategies to maximize long-term investment value and asset sustainability.
