One of Forty2’s fundamental convictions is that extraordinary talent forms the foundation for consumer trust and value perception whether at the front line leasing team or at the top echelon of the management company. As such, our executive team has leveraged over 200 years of nationally recognized achievements within the multifamily industry.

Two business people from 42 Apartment Property Management standing in front of a building.

Jennifer Nevitt, Chief Executive Officer and President, Forty2, LLC

  • Developed 3,370 multifamily units exceeding $500M project costs as Development Partner with Rohdie Development
  • Over a 40 year career, has advised over $10B of capitalized multifamily investments
  • Inventor of YieldStar, a revenue pricing management software utilized by the nation’s top REITS
  • Expert in new construction multifamily lease-up, revenue optimization management and distressed asset turnaround
  • Urban Land Institute Faculty – Responsible Multifamily Real Estate Development course

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Thomas A. Leonard III, Chairman, Forty2, LLC

  • Firm Chairman of Obermayer, Rebmann, Maxwell & Hippel, full-service law firm and Philadelphia stalwart founded in 1904
  • Founder and Chairman of Regional Real Estate Investment Corporation (RREIC), an SEC approved full service real estate investment and advisory company managing an aggregate portfolio of $2B
  • 40 years of experience as an investor and developer in multifamily real estate with institutional partners including, but not limited to, Angelo Gordon, John Buck Company, JMP Realty (NYSE: JMP), Lubert Adler Partners, and Philadelphia Management Company
  • Past member of board of directors of the Federal National Mortgage Association
  • Elected Controller of the City of Philadelphia during the years 1979-1983
  • World Trade Center of Philadelphia Legacy Award 2020 recipient

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