LOMAX REAL ESTATE PARTNERS

200 Highpoint Drive, Suite 215

Chalfont, PA 18914


215.822.6013

LOMAX REAL ESTATE PARTNERS

LREP is a private, fully integrated real estate investment firm based in the Philadelphia, PA area specializing in urban residential and commercial development.

LREP is committed to bringing tangible value to the investors, partners and the communities we serve. Our roots trace back to 1958, where our co-founder, physician and businessman Walter P. Lomax, Jr., MD converted a row home and grocery store in S. Philadelphia into a full-service community medical center.  From these humble beginnings, Dr. Lomax built a six office 22 physician practice that was based upon a simple but powerful business philosophy: to provide high quality services within underserved communities.  This same philosophy of delivering value in underserved markets permeates LREP’s strategies.  Our fundamental approach is to utilize our principal's local market knowledge to create and execute unique investment opportunities with attractive risk/reward profiles.

OUR COMPANY:

We are committed to ensuring that our projects have a positive impact on our constituent neighborhoods and community stakeholders.

Walter Lomax, Jr., MD pictured treating Reverend Dr. Martin Luther King, Jr. 

We deliver high quality real estate products in underserved communities. Our fundamental approach is to utilize our principal's local market knowledge to create and execute unique investment opportunities with attractive risk/reward profiles.

OUR PHILOSOPHY:

EXCELLENCE  |  INTEGRITY  |  EFFICIENCY  |  VALUE

We provide end-to-end real estate development services including planning, acquisition, construction management, leasing and property management.

OUR CAPABILITIES:

  • Acquisition, Reposition and Disposition
  • Due Diligence and Underwriting
  • Development and Redevelopment 
  • Risk Management 
  • Strategic Partnerships

We build reasonably-priced, high quality, workforce housing stock with necessary amenities for productive neighborhoods.

OUR PROJECTS:

RENAISSANCE ON SAMPSON

Redeveloped infill site in South and West Philadelphia.

Project comprised of 30 town homes and 6 apartment units.

Triplex development project in West Philadelphia. Sixty apartment units.

An LREP development project not only transforms the visual appeal of the neighborhood, but offers meaningful solutions and amenities that are embraced by the community-at-large. Our contributions support long-term appreciation as communities are redeveloped. This consistent, disciplined and proven approach to our investment strategy drives performance and maximizes returns for investors, while rallying strong community receptivity from city leaders and residents. 


Today, we continue to utilize creativity in the development of real estate to maximize returns for investors while adding intentional value to the communities we serve. Since 2004, LREP has financed and developed over 100 single family homes and 24 apartments. Recent projects include single, multifamily and commercial developments around and in the Philadelphia region. We invite you to partner with us for quality real estate solutions that meet our code of excellence, integrity, efficiency and high value.

RENAISSANCE ON SAMPSON

WALNUT HILL

“We are committed to deploying an economic and development model that positively impacts the community-at-large and adds value to our partners.” 

– Charles Lomax

The LREP Executive Team possesses extensive real estate finance, transaction and development experience. With our team’s diverse industry expertise, depth of influence and breadth of strategic partners, LREP has the flexibility to expand offerings for unique development deals.

OUR TEAM:

Charles D. Lomax is the Chairman of LREP. Mr. Lomax has been with The Lomax Companies LP and its predecessors for over 25 years and is presently a Partner with the firm, with responsibility for its real estate activities.

Michael A. Bowman is the Managing Partner of LREP and is responsible for LREP’s day to day management, land acquisition, legal and regulatory matters.

Bennett P. Lomax is a Partner at LREP and has responsibility for business development, underwriting, and corporate finance.

Phillip E. Butler is a Partner and also the Chief Operating Officer of LREP. In his role as COO, Mr. Butler is chiefly responsible for providing day to day management for all of LREP’s development projects.  

W. Thomas Lomax is a Partner at LREP and serves as its Treasurer. As Partner and Chief Financial Officer of The Lomax Companies, LP (TLC), W. Thomas Lomax has managed the financial operations for a variety of businesses for more than 25 years.

CHARLES LOMAX, CHAIRMAN

MICHAEL BOWMAN, MANAGING PARTNER

PHILLIP BUTLER, PARTNER AND COO

W. THOMAS LOMAX, PARTNER

BENNETT LOMAX, PARTNER

LOMAX REAL ESTATE PARTNERS

200 Highpoint Drive, Suite 215

Chalfont, PA 18914


215.822.6013

Copyright © LOMAX REAL ESTATE PARTNERS 2017