We continue to build our real estate portfolio by identifying both undervalued properties and properties that will add diversification and stability to our existing asset base.
Leveraging our entrepreneurial instincts, capital and expertise, we will continue to acquire residential and commercial real estate in growing markets that demonstrate strong economic fundamentals with the potential to achieve superior financial returns.
Coral seeks both core and value–add opportunistic real estate properties and developments. Our evaluation criteria is informed by our property management experience, real estate financing expertise, and research intensive due diligence. Our financial and management professionals analyze market data from various sources in order to identify risk and capitalize on opportunities.
Peter is responsible for setting the vision and strategic direction of the company and working with team members to achieve that vision. After a career in real estate law and serving as Chief Operating Officer for a national real estate firm based in Cleveland, Peter launched The Coral Company in 1987 and has served as Coral’s CEO for 32 years. After his high school pitching career, which was more fun than accomplishment, Peter was offered a minor league baseball contract by the New York Mets.