Birgo
Birgo, founded in 2012, is a diversified real estate company based in Pittsburgh, offering a range of services from property management to private equity real estate funds, managing over 3,300 residential units and assets worth more than $315 million.
Founding and History
Birgo was founded in 2012. Since its inception, Birgo has grown substantially, managing over 3,300 residential units and holding assets worth over $315 million. The company primarily operates in the Pittsburgh area, offering a range of real estate services through its two divisions: Birgo Realty and Birgo Capital.
Divisions
Birgo operates through two main divisions: Birgo Realty and Birgo Capital. Birgo Realty focuses on providing property management, leasing services, brokerage services, construction management, and asset management. Birgo Capital, on the other hand, specializes in private equity real estate funds, offering investment opportunities through its funds such as Birgo Income Fund III and Birgo Opportunistic Fund.
Services
Birgo offers multiple services in the real estate sector, including residential and commercial property management, leasing services, brokerage services for buyer and seller representation, and construction management. Additional services include asset management, financing solutions for acquisitions and construction, tax coordination, and legal representation. These services are designed to comprehensively support real estate investments and property management.
Investment Opportunities
Birgo provides investment opportunities through its private equity real estate funds. Notable funds offered include Birgo Income Fund III and Birgo Opportunistic Fund. These funds target a gross internal rate of return (IRR) of 19.3% or more across all properties, providing investors with the potential for substantial returns. Birgo’s investment strategy focuses on acquiring and managing properties primarily in the Pittsburgh area.
Management and Assets
As of the latest data, Birgo manages over 3,300 residential units and holds assets under management worth over $315 million. The company’s extensive portfolio and asset management capabilities reflect its significant presence in the Pittsburgh real estate market, where it manages properties across various neighborhoods.