Penstar Realty Advisors Inc. (PRAI) is a full service commercial and multifamily real estate advisory firm based in Woodland Hills, California; and an affiliate of Intercoastal Property Services, owner of more than 5,000 multi-family apartment units, 5 limited-service hotels, and a landmark congregate care facility as part of a real estate portfolio valued in excess of $500 million.

 

Penstar is engaged in providing owners and developers of commercial and residential real estate with access to low cost structured debt/equity and sales transactions of properties located throughout the United States and Canada.  PRAI facilitates transactions ranging from $1 million to $700 million.

The principals of PRAI reflect 66 years of combined real estate experience and have collectively structured more than $7 billion in transactions.  PRAI's debt and equity programs are available for the following property types:

• Multifamily
• Retail
• Office
• Industrial
• Hospitality
• Self Storage
• Sale Leaseback of Corporate Assets
• Owner User Buildings
• Special Use Properties
• Entitled Land

 
The firm's long-standing relationships with the real estate professionals who provide financing of our debt and equity sources in turn provides those Penstar clients seeking to develop their projects, with a consistent, predictable, and economical source of capital.