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Metropolitan Development Group

Marty StalloneMarty Stallone

Executive Vice President of Development
Metropolitan Development Group (MDG) was formed in 2003 with its primary focus in multifamily market apartment development in support of Metropolitan Management Group. Since that time, MDG has broadened into single-family residential development, commercial and industrial tract development; and has grown into one of the largest privately held land development companies in Pennsylvania.

In recent years the group has constructed an incredible team of industry professionals with strengths in all facets of land development. Our relationships and experience with multiple site contractors, engineering firms, environmental specialists, law firms, builders, realtors, and financial institutions allow us to assemble the right team specific to each project. Metropolitan Development Group has a well-deserved reputation as “closers” within the industry.

The group is headed by Marty Stallone; Executive Vice President of Development. MDG has experienced exponential growth since 2011.  Metropolitan currently has in excess of 40 development projects (single family, multifamily and industrial) is various stages of the development process.

Financial Industry Experience:  Before joining MDG in 2015, Marty. Stallone spent 15 years as Managing Partner of Investment Management Advisory Group.  Prior to this, Marty was the founding partner and President of Hamilton Consulting, Inc., a Pennsylvania based, full service financial advisory firm.  He also served as Vice President of the Corporate and Municipal Finance Department of Meridian Capital Markets and an associate at Butcher & Singer, Inc.  Marty specialized in structuring complex capital finance transactions for business corporations, nonprofit entities and governmental units.  Marty’s extraordinary financial and analytical skills, coupled with twenty-five years of experience in the public markets, enables him to provide unparalleled insight into even the most complex transactions.

Marty pioneered his firm’s efforts in interest rate swap and derivative transactions. Several transactions that Marty and his firm completed include: the largest hedging program ever implemented by a public issuer, one of the largest BMA Index swaps ever completed by a public issuer and first of its kind option structures.

Education:  Marty Stallone is a graduate of Cornell University (BA) where he was honored as a National Merit Scholar and a member of the All-Ivy League football team. Marty lives locally in Wyomissing, Pa. with his wife Terri and their two children.

 


Metropolitan Building Group

Jerry Murphy

Jerry MurphyVice President of Construction and Land Development
Metropolitan Building Group was formed by Kevin in 2014. The group is headed by Jerry Murphy; Vice President of Construction and Land Development. The groups primary focus is to design and construct new communities for Metropolitan Management Group. To date the luxury apartment communities that have been built, highlight state of the art kitchens featuring granite counter tops, Club houses, fitness centers and pools. The communities that have been completed and are resident occupied are Reserve at Spring Pointe, Reserve at Paxton Creek and Reserve at Manada Hill. In addition, MBG has two new luxury communities under construction at this time.  

In 1999, Metropolitan Management Group completed a successful venture in the development of the Oak Meadows Apartment complex in Reading PA. The knowledge and experience gained from this success propelled Metropolitan Management Group to form a development company, Metropolitan Development Group (MDG), in January of 2002. A main goal of MDG was to provide for expansion of the parent company Metropolitan Management Group, by analyzing growth over the last 10 years, anticipating future high density needs, and then developing and building new multifamily residential complexes within those municipalities anticipating growth. In 2014, Metropolitan Building Group was formed as part of the evolution of Metropolitan Management Group to provide high quality, dedicated construction services for the continued expansion and success of the company.

With over 20 years of construction expertise, Metropolitan Building Group exists solely to satisfy their customers. Our partnerships with premier architects, engineers, and designers allow MBG to be the one source for construction services for each project. Our discerning customers take great comfort in knowing that they have a partner in MBG throughout their design and construction process. The Metropolitan Building Group consists of separate entities engaged in all types of commercial real estate construction. Among our primary focus is multi-family residential developments, retail projects and industrial/flex projects.

Jerry Murphy has led the Metropolitan Building Group since 2014. He is a 1995 Dartmouth College graduate with a BA in Architecture and an MBA in General Administration from Pennsylvania State University. Prior to coming on to MBG, Jerry had 18 years of management experience in the homebuilding industry, working for NVR, Inc. a top 5 homebuilder in the nation.  Through many roles in production, sales and costing Jerry gained an in-depth understanding of the key elements which affect the real estate market.  This valuable work experience has been critical to the establishment of MBG and its success in developing and building new projects.  Jerry resides in Berwyn, PA with his wife; Whitney and three children.  

Land Development in development

Metropolitan Management Group Corporate Offices
1030 Reed Avenue, Suite 100 | Wyomissing, PA 19610 | Phone 610-288-7700 | Fax 610-378-9315 | Email: info@mmgapts.com