Repositioning properties. Maximizing returns. Empowering communities.
WHO WE ARE
Over 20 Years of Commercial & Residential Experience
Smith Property Works is a black owned real estate investment and development firm based in Philadelphia.
Led by Damian Smith, a 20+ year industry veteran with experience spanning over 40 fix-and-flips, 50 rental units, and $10M+ in transactions, SPW specializes in acquiring and repositioning undervalued multifamily assets. Damian’s leadership is backed by strategic partnerships with construction leaders like Scungio, Borst International and development affiliations such as Frontier Development (Washington D.C.).
Our competitive edge includes hands-on execution, deep neighborhood knowledge, and creative capital structuring using equity, agency debt, and mezzanine financing. With an in-house team covering brokerage, legal, and accounting functions, SPW manages every phase of the project lifecycle—driving value, reducing risk, and delivering strong returns while revitalizing communities across Philadelphia and Camden.
Strategic Redevelopment
We identify and transform undervalued multifamily assets into stabilized, high-performing investments through targeted renovations and operational excellence.
Community-Centered Impact
Our projects revitalize underserved neighborhoods creating safer, higher-quality housing while uplifting the surrounding community.
Proven Execution
With in-house construction, leasing, and asset management, we deliver consistent returns and streamlined project delivery from acquisition to stabilization.
"Their team operates with professionalism, thorough due diligence, and an understanding of the complex dynamics involved in community redevelopment."
Phil Borst
Scungio Borst International