PMAT is a real estate development firm focused on value-add shopping center investments across the Southeast, Sunbelt, Midwest and Mid-Atlantic regions. Our firm was founded and is headed by Robert A. Whelan, a former Chief Financial Officer of Sizeler Property Investors, Inc., a NYSE-traded shopping center and multifamily REIT that owned several million square feet of retail properties and several thousand multifamily units.
In January 2003, Mr. Whelan left the REIT to form the PMAT Companies. Since that time the PMAT Companies have acquired and renovated over 40 primarily grocery anchored shopping centers with an aggregate value of over 1 Billion dollars consisting of 9 million square feet. PMAT investment strategy is to acquire value-add shopping centers and create long term value through redevelopment and re-tenanting of the assets.
“PMAT and Bob Whelan have been excellent partners under our preferred equity program and reliable purchasers of Kimco assets.”
David B. Henry
Peaceable Street Capital - Founder
Kimco - Former Vice Chairman, President & Chief Executive Officer
“In our 13 joint ventures with PMAT over an 8 year period, we have realized some phenomenal returns. PMAT has under promised and outperformed on an array of investments over this period. I have referred to PMAT as my “home run guys.” “
New Orleans Fire Fighter's Pension & Relief Fund
Former Chief Executive Officer & Secretary-Treasurer of the Board
"PMAT performed—or outperformed—on every aspect they had promised. They are one of the most thorough buyers, while simultaneously one of fastest, most efficient groups we’ve ever closed with. We would love to work with PMAT again and refer to them as ‘rockstars of real estate’ internally”
Vice President, Pegasus Investments