In 1984, Robert M. Picerne moved to Florida and established Picerne Development Corporation of Florida (PDC), a subsidiary of the Picerne Real Estate Group.  PDC began as a developer of luxury rental homes throughout the state, particularly in its home base of Orlando and in South Florida.

With the increase in popularity of the Low Income Housing Tax Credit (LIHTC) program in the 1990s, PDC began to focus its efforts in affordable housing.  It established a subsidiary called Picerne Affordable Development, LLC (PAD) and fast became one of the premier developers of affordable housing in the nation.  PDC and PAD have developed over 9,000 units of affordable housing in 22 states and Puerto Rico.

Picerne Management Corporation (PMC) is an Institute of Real Estate Management (IREM) Accredited Management Organization (AMO).  Picerne Management’s philosophy is “Our people make the difference”.

Led by Edward Wernecke, CPM, PMC manages over 18,000 rental units in 22 states throughout the Northeast, Southeast, Midwest, Southwest and Puerto Rico.

Satellite offices provide local expertise while a national presence provides economies of scale and information-sharing to stay at the forefront of multifamily trends.  Highly trained staff led by Ed and his team of VP's work diligently to maintain your property, raise occupancies, lower costs, and boost your bottom line.

With experience in Market Rate, Section 8, LIHTC, subsidized and public housing/mixed income communities, PMC can tackle all your property management needs no matter what property types make up your portfolio.

Please contact  us to learn more about how PMC can help manage your valuable assets.