Dranoff Properties employs a highly skilled team with extensive experience in the development, construction and financing, management, sales and marketing of real estate. The development and construction teams are currently overseeing the planning and execution of over 700 units, while nearly 75 site employees manage a Dranoff-owned portfolio of nearly 2,000 units in the Philadelphia area.
Civic leader, entrepreneur and urban visionary, Carl Dranoff is the president and founder of Dranoff Properties, Inc. The company’s work, though based in and around Philadelphia, is nationally known and widely respected, with projects ranging from the adaptive reuse of historic buildings to ground up skyscrapers and complex mixed use projects.
Carl is well known in the housing industry for assembling great talent, putting out a fresh and exciting high-quality product and precision execution resulting in completion that is on time and on budget. He has kept his company nimble and has been able to successfully navigate through the ups and downs of the housing cycles, staying ahead of the trends and establishing a strong competitive advantage. His branding of the Dranoff name has made his firm easily the most recognized and sought after name for luxury housing in the Philadelphia region.
Some of Dranoff’s most well-known projects include Locust on the Park, The Left Bank, The Victor, Symphony House (named “#1 High Rise in the Nation” by Multifamily Executive and Developer Magazine), World Café Live, and Venice Lofts. 777 South Broad continues to push boundaries as Philadelphia’s first mixed-use, LEED Silver certified apartment building. Dranoff’s newest edition to his ever-growing portfolio, Southstar Lofts, is his 2nd mixed-use LEED certified development along the famed Avenue of the Arts.
Upcoming projects include One Riverside, One Ardmore Place, One Theater Square, and the SLS Hotel and Residences (which will become the tallest residential structure in Pennsylvania). The combined cost of these projects is over $500 million.
Dranoff Properties has been featured in national, regional, trade and local press including The New York Times, The Wall Street Journal, Fortune, The Philadelphia Inquirer, Multifamily Executive, Builder, Apartment Finance Today, and Urban Land.
Carl earned his B.S. in Civil Engineering at Drexel University and his MBA at Harvard University. He was also awarded an Honorary Doctorate in Engineering from Drexel University. He has previously been named Developer of the Year by the Pennsylvania Builder’s Association, Entrepreneur of the Year by Ernst & Young, and Multifamily Executive’s Editor’s Choice.