Park Partners Residential Formed

Boca Raton, FL (March 24, 2015): Giles Capital Group and Rosemurgy Properties announce the creation of Park Partners Residential (PPR), a multi-faceted firm for the ownership, development, and property management of multi-family real estate.

“The formation of Park Partners Residential by our two companies is a natural transition based on a partnership we began in 2013 developing and acquiring student housing communities in Boca Raton, as well as the extensive real estate development and management experience of our collective teams. It provides us with a strong platform to manage our current portfolio and execute on our pipeline of development projects which include deals in Davie, Coconut Creek and Boca Raton, FL, “ said Rick Giles, Managing Partner.

PPR currently has over $250MM in projects under development and management including University Park, a purpose-built student housing community in East Boca Raton. The firm is focused on multi-family acquisitions, development, leasing, and construction management services.

The Park Partner Residential executive team includes: Rick Giles, Managing Partner; Alexander S. Rosemurgy II, Managing Partner; Nic DeSiato, CFO; and Dana Caudell, Vice President. The corporate office is located at 1201 East Hillsboro Boulevard, Deerfield Beach, FL. For more information please visit or call 954.834.3809.