Westover Companies is a privately held real estate investment and property management firm founded in 1965 and headquartered in King of Prussia, Pennsylvania. The firm operates a diversified portfolio spanning multifamily residential, retail, and office properties across seven states along the East Coast. The portfolio includes approximately 15,000 apartment units in over 70 communities located in Pennsylvania, New Jersey, Delaware, Maryland, New York, Florida, and Oklahoma. Westover also manages approximately 1 million square feet of commercial and retail space across eight shopping centers and multiple office buildings, primarily in the Philadelphia metropolitan area. The company's investment approach targets urban infill multifamily assets, adaptive reuse projects, and suburban commercial properties in its core markets. Westover's portfolio concentration lies in the Mid-Atlantic region, particularly the Philadelphia suburbs, with growing exposure to South Florida markets following acquisitions in Dania Beach and Miami-Dade County. The multifamily portfolio mitigates tenant concentration risk through residential lease diversification, while commercial holdings include retail tenants such as Wendy's, Target, Planet Fitness, Giant Foods, Acme Markets, and Dunkin Donuts, and office tenants including FedEx, Regus, and the U.S. General Services Administration. President Guntram J. Weissenberger Jr. leads the firm and became a minority owner of the Philadelphia Phillies in 2024.
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