Company History

Palermo Realty & Development has been a Erie family-owned and operated business for over 40 Years, spanning three generations.

Palermo Realty Main Office

We began as a small remodeling company and have expanded to one of Erie’s top housing firms. In the mid 70’s the company began to purchase and renovate Erie’s downtown buildings, incorporating then west-coast building designs to Erie’s metropolitan area. In 1978 Joe Palermo Jr. started building single family homes. Ever-evolving and moving forward we then began luxury town homes in 1985 with “Cedar Loft Apartments”. Then, Palermo Realty changed the Erie housing market by introducing the Patio Home concept with “Scenery Hills Patio Homes” in 1989.

In the mid 90’s Palermo Realty re-upped its commitment to Erie by purchasing properties in the then troubled area on the west side, and renovating. We subsequently assisted in driving out the harmful element. In 2013 we completed work on a split development called “Pine Valley Apartments” that is half Signature Palermo Townhouses and half new design luxury garden style apartments.

Today along with our 700+ rentals and beautiful single family homes we continue to build Erie’s finest Patio Homes and rental communities.

 

* Palermo Realty is the only local developer that has a lease purchase program for qualified buyers. New construction, low down payments and affordable payments as an option to bank financing.