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Mission Statement

Pennacchia Properties, Inc. is a real estate investment company which acquires, improves, manages, leases and sells properties primarily throughout the tri-county area of Albany, Saratoga and Schenectady. Our mission is to locate, define, process and invest in financially and/or physically distressed properties and then manage, lease or resell such properties once they are converted back into highly sought-after condition. We strive to create long-term sustainable value through asset growth and value added opportunities. We focus significant resources on improving and expanding our “diamonds in the rough.” We welcome the challenges, overcome the barriers and deliver excellence with the highest degree of honesty, integrity and professionalism in the field of real estate investment. Our stakeholders include the owners of Pennacchia Properties, our coworkers, our business associates, our vendors and suppliers, and the various governmental agencies and regulators who we work with on an ongoing basis.