realestate

Alterra Property Group prioritizes community impact through responsible real estate development

Alterra's seemingly typical exterior hides a deeper commitment to its community.

S
ign up for our Daily Email newsletter to stay informed about local news throughout Philadelphia. At its core, Alterra Property Group is a real estate investment organization with a unique approach that prioritizes community involvement.

    Founded in 2005, the company has grown into a vertically integrated developer and manager of residential/mixed-use properties (APG Living) and industrial outdoor storage facilities (IOS). With over $4 billion in real estate investments and more than 3,500 residential units, Alterra's business side is robust. However, it's their commitment to giving back that sets them apart.

    Since 2013, the company has contributed over $600,000 to public schools in the Greater Philadelphia area, including playground renovations and other projects at several local schools. Their industrial platform, APG IOS, specializes in heavy industrial and outdoor storage solutions across 30 states, managing over 200 properties with a transaction volume exceeding $2.5 billion.

    Alterra's charitable efforts extend beyond financial contributions. They partner with organizations like Howie's House Gift of Life to support individuals receiving transplant care, and annually participate in community clean-up events at Love Park. This year, they introduced a company-wide Volunteer Day for employees to give back to the communities surrounding their properties.

    The company also prioritizes internal growth through a mentorship program launched in 2021, which has been successful in promoting employee advancement. Alterra's commitment to creating a dynamic and supportive workplace is evident in their recognition of hard work and dedication, ensuring that every employee has opportunities for career growth.

    Looking ahead, Alterra aims to continue making a positive impact both within and outside the company. They plan to regularly donate to underdeveloped areas, partner with organizations for volunteer opportunities, and support professional development programs for students. By doing so, they hope to uplift the next generation and make a lasting difference in their community.

Alterra Property Group executive focuses on sustainable development in urban communities nationwide.