Vito Dragone - Acquisition and Development of Multi-Family Communities
The founder and president of Dragone Realty Investments, Vito Dragone focuses on the acquisition, rehabilitation, and management of multi-family properties in the Washington, DC area. Under his leadership, the firm employs a multi-disciplinary team with experience across a variety of specialties to provide integrated services for institutional investors. Since the company’s establishment in 2006, Vito Dragone has bought and renovated more than $700 million in multi-family assets.
Mr. Dragone has headed up significant acquisitions, such as the Pennbrooke Apartments (now known as Verona at District Heights), which he purchased for $47.5 million in 2019. After purchasing, renovations have been made to kitchens and baths in addition to the exterior of the property. The community now comprises one-, two-, and three-bedroom units within an easy commute to metropolitan Washington, DC.
Vito Dragone holds a bachelor of science in industrial management from Carnegie Mellon’s Tepper School of Business. Before founding his firm, he worked in the investment management group of Oxford Realty Financial Group.
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Vito DragoneBethesda, MD US