Philadelphia Victoria Assoc. L.P. Longmeadow Capital teamed up with a local property manager to acquire and redevelop several residential apartment buildings in the Rittenhouse Square area in downtown Philadelphia in the mid-1990’s. The partnership aggressively redeveloped, managed and repositioned the properties. Status: Through a combination of refinancing, increases in cash flow, escalation of property values, and ultimately a sale in 2003, the partnership realized a mid-twenty percent IRR. Next Longmeadow Capital Partners, LLC • 171 Dwight Road, Suite 310 • Longmeadow, MA 01106 Tel (413) 567-3366 • Fax: (413) 567-6556  © 2005 Longmeadow Capital Partners, LLC [home] [philosophy] [criteria] [investments] [team] [contact]