Kenneth A. Picerne
Kenneth A. Picerne is the Founder, President and Chairman of the Board of The Picerne Group. Mr. Picerne formed The Picerne Group in 1988 for the purpose of building a portfolio of land and multifamily assets in the western United States. Through a combination of development, acquisition and rehabilitation of distressed properties, The Picerne Group successfully accumulated a portfolio of land and more than 5,000 multifamily units through its subsidiary, TPG Residential. In 1999, Mr. Picerne launched Picerne Capital, which became a major investor in the Japanese non-performing loan and REO market.
Prior to forming The Picerne Group, Mr. Picerne was involved in expanding his family's company, Picerne Real Estate Group, from its New England base to the southwest and southeast regions of the United States. Under Mr. Picerne's management, the family opened regional apartment development offices in Orlando and Phoenix that remain active today. Mr. Picerne was also directly responsible for the construction and development of 12,000 luxury apartment units in markets throughout Florida, Arizona, Nevada, Washington and New England. Today, the Picerne Real Estate Group is the largest family-owned residential real estate development group and one of the top 10 residential multifamily developers in the nation with more than 40,000 multifamily units and over two million square feet of retail and office buildings.
In 2004 Mr. Picerne formed the Kenneth A. Picerne Foundation (www.picernefoundation.org) to provide financial support and leadership to develop innovative, creative, self-sustainable programs that focus on leadership, mentoring and education.
Mr. Picerne received his undergraduate degree from Yale University.
Throughout his career, Mr. Picerne has been recognized by the real estate community and local city governments for outstanding contributions in development and design. He has also been honored for partnering with local governments to provide housing through the successful rehabilitation of distressed properties. In addition to his charitable contributions through The Kenneth A. Picerne Foundation, Mr. Picerne has served on numerous business and charitable boards.
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