Welcome to Merion Realty Partners

Specializing in Multifamily Real Estate Investments and Property Management

Firm Profile

Merion was established in 2010 by William Landman and Richard Aljian as a real estate investment and management platform. Prior to the formation of Merion, Messrs. Landman and Aljian were partners for over 16 years at a private equity firm specializing in multifamily funds as an equity provider. It is also over this period of time that Merion’s senior leadership team joined Landman and Aljian. This private equity firm invested capital across a broad cross section of real estate asset classes on behalf of high net-worth investors. Approximately $1.4 billion was raised by the firm and invested through 20 real estate related private equity funds focusing on multifamily, hospitality, medical office, single tenant net leased, and gaming.

Merion primarily targets value-add and core-plus apartment projects located in select suburban markets focused in the Northeast, Mid-Atlantic and Southeast regions. Merion’s investment strategy continues to evolve to best suit the ever-changing market dynamics of renter demand, lifestyle and demographic shifts, financing and investor equity targeted return parameters. Merion’s multifamily investment strategy has allowed the investment team to find best in class assets that have provided investors with consistent returns.


The Merion Difference

An alignment of interests between ownership and property operations seeks to maximize efficiencies in both revenue creation and expense management. Merion believes that people drive results. By having top quality, high energy management personnel, Merion is able to achieve top and bottom line efficiency. Merion’s integrated asset and property management platforms are designed to provide significant advantages over unaffiliated third-party management including:

  • A more coordinated and targeted approach to value creation through cost savings, marketing and capital improvement programs.
  • More consistent and informed underwriting and due diligence.
  • Improved monthly reporting reducing the potential for gaps in revenue.
  • Improved resident satisfaction due to management’s direct pride of ownership.

Merion’s professionals maintain a known reputation for closing transactions.

The competitive nature of the multifamily asset class has created an extremely efficient market for sellers via the broker network. Merion has direct relationships with national and regional brokerage firms, REITs and other multifamily investors and is respected as a closer among these groups. To win deals it is critical to highlight the ability to finance and close the transaction within a very tight time frame. Access to equity, staff to coordinate due diligence, good standing with lenders and an in-house management and legal team enables Merion to convert letters of intent to winning bids even, in some cases, when it is not the highest price bidder.

Merion’s Investment Strategy


Merion’s investment strategy is concentrated primarily on acquiring, managing, and strategically realizing value-add and core-plus multifamily apartments.  The Merion team is actively underwriting new investment opportunities in select markets with the following acquisition criteria:

  • Garden, Townhome, Mid-Rise Apartment Communities
  • Core and Value Add Opportunities
  • 150 Units or More
  • Primary, Secondary and Tertiary Markets
  • A or B Asset Quality
  • Attractive Pricing Relative to Replacement Cost
  • Single Asset or Portfolio of Assets
  • All Cash or Existing Assumable Financing in Place
  • Northeast, Mid-Atlantic and Southeast Regions





308 E. Lancaster Ave
Suite 300
Wynnewood, PA 19096

(610) 896-3000


We introduce Merion Residential

(Merion’s affiliated property management company)