PEOPLE
MANNY DEMUTIS
Managing Partner
Manny DeMutis, Managing Partner. Manny, is a prolific developer. He is the Principal of The DeMutis Group The DeMutis Group is a third-generation development, property management and construction company centered in Phoenixville,Pennsylvania.
The DeMutis Group has acquired, received approvals for, rehabilitated, constructed apartments, condominiums, retail, office, hotel properties in the Southeastern Pennsylvania and South Jersey regions.
Additionally, Mr.DeMutis is the past President of the Main Street Community Development Corporation, a non-profit entity that created and directed programming in Phoenixville's downtown district, and past Board member of the Pennsylvania Restaurant Association.
MARIAN D. MOSKOWITZ
Partner
Ms. Moskowitz was elected to the Chester County Board of Commissioners and in 2020 she served as the Chair of the Chester Board of Commissioners for her initial term and now continues to serve as a commissioner. She is Secretary and on the board of West
Chester University, and in 2017 was appointed by Governor Tom Wolf to be a member of the Board of Governors of the Pennsylvania State System of Higher Education. She is the Vice - chair of SEPTA and Vice - chair of the Schuylkill Valley Rail Authority. Ms. Moskowitz is also a member of the boards of the Colonial Theater and the Delaware Valley Regional Planning Commission. In 2015 she was named to the Board of the Delaware River Port Authority by Governor Tom Wolf and served until 2017. She also served on the Board of the People’s Light Theater. Ms. Moskowitz was a real estate developer and has been involved in a variety of economic development projects in Chester County. She led the development of Franklin Commons in Phoenixville, a former abandoned industrial building that now houses Renaissance Academy, a K-to-12 non-profit charter school, Iron Works Church, Journey Church, and several other units.
DAVE MOSKOWITZ
Partner
Marian and Dave Moskowitz have been developing properties since 1984. They built Lynetree in Exton with partners (93 townhouses), 50 townhouses in Quakertown (and developed an additional 100 there), and developed Northridge Village and Fillmore Village in Phoenixville (220 and 170 units, respectively). They built a 92,000 s.f. office building in Bensalem and a 19,000 s.f. office building in Feasterville. They have developed subdivisions in various locations, including Nelsen in New Zealand. In addition, they have been involved in many entrepreneurial projects, in the United States as well as other countries, including 3 trucking companies, 2 cosmetics franchises (and the franchisor), kiosks, and bio-pharmaceutical drug discoveries. They developed Franklin Commons in Phoenixville, which is the rehabilitation of a 240,000 s.f. vacant, old, dilapidated factory into a multi-occupant educational and business condominium project.
STEVE FRIEDMAN
Partner
Steve Friedman has been one of the key contributors to the renaissance of Phoenixville having acquired and renovated seven historic buildings in the downtown commercial district in the early 2000's. Steve has invested and been deeply involved in every project for the investor group from the outset in 2005.
Outside of Real Estate Development, Steve has spent over 30 years in Enterprise Software in operational roles as well advisory and board roles across 30+ companies and over 15 acquisitions
STEVE COHN
CFO
Steve is the President of RJF Consulting, Inc. (previously part of The Fox Companies) where he delivers comprehensive accounting and management services for construction projects that include maintaining accounting
records, financial reporting, budgets and cash management. He maintains banking relationships,
reviews legal agreements, assists in negotiating accounting and insurance requirements for construction
loans and manages construction loan draws for the developer. He is responsible for complying with
lender financial reporting requirements during the construction loan period through permanent financing.
He oversees the calculation and distributions to the project’s investment partners.
Previously, he was the Chief Financial Officer of The Fox Companies, a real estate development company for 25 years.
Steve holds a Bachelor of Science degree in Accounting from Drexel University and is a Certified Public Accountant
BARRY CASSIDY
Vice President, Public Planning and Funding
Barry Cassidy has over 40 years of experience in dealing with public sector issues. He
has worked primarily in the not-for-profit sector, performing tasks associated with
housing, politics, and commercial development.
He is a Co-Founder of the Pennsylvania Downtown Center and he has served as Main
Street Manager in Lock Haven, DuBois, Downingtown, and Phoenixville, Pennsylvania.
He has worked in the City of Philadelphia as the director of a Community Development
Corporation (CDC) in the Kensington section of the city and has served as the Executive Director for the South Street and Headhouse
Districts.
Cassidy is recognized (Commonwealth Keystone Laureate) for his implementation of arts
and entertainment economic development strategies that have been the key to his
success. He has financed 11 streetscape projects in the downtowns, including packaging
grants for over 4.5 million dollars for Phoenixville. While in Phoenixville, he also
secured $765,000 in park acquisition grants and $350,000 in grants for the colonial
theatre and $500,000 for the Phoenixville Foundry rehabilitation.
Currently he is working on the rail extension to Phoenixville from Philadelphia and
Reading as the staff for the Mayor’s Task Force for resumption of Passenger Rail Service
to Phoenixville.