MEDIA REAL ESTATE

What MEDIA REAL ESTATE does

Media Real Estate Company is a privately held, third-generation family-owned (Strine family) commercial and residential real estate brokerage founded in 1958 and headquartered in Media, Pennsylvania. The company operates three integrated revenue streams: brokerage commissions on commercial and residential property transactions (buying, selling, and leasing across the Delaware Valley and Tri-State area), property management services for owned and third-party commercial, multifamily, and residential portfolios totaling approximately 2 million square feet, and recurring apartment rental income from branded communities including The Brynchester (55+ luxury, Newtown Square), Madison Suites, Brooke Hall, Brandywine, Concord, and Parkside apartments across Pennsylvania. The company serves a heterogeneous customer mix ranging from enterprise commercial tenants (BJ's, Verizon, Merrill Lynch, BB&T, Crozer Keystone, Wawa) to SMB and individual residential buyers, sellers, and renters.

The underlying technology stack is entirely third-party and non-proprietary: Intuit Real Estate Solutions (MRI) for commercial and residential property management, Zego (Powered by PayLease) for online rent collection, CoreLogic/SafeRent for tenant screening, and standard web platforms for digital listings, applications, and service requests. No AI/ML capabilities, proprietary models, or data assets are disclosed. The technology footprint functions as a digitization layer over an otherwise traditional, agent-led brokerage and property management operation rather than as a differentiator.

The business model combines transaction-based brokerage fees (commission per closing), recurring managed-services fees (property management contracts), and subscription-style recurring rental income (monthly apartment leases). Pricing varies materially by product: commercial leases are quoted per square foot annually ($5-$30/SF observed), residential rental rates are unit-specific, and ancillary fees include a $50 non-refundable application fee and $300-$500 unit hold deposits. Distribution is primarily direct agent sales with six named agents covering commercial and residential segments, supplemented by online listing platforms (LoopNet, Trend) and an appointment-only field-sales model at the Media headquarters and Kennett Square satellite office. Customer acquisition relies on agent networks, referrals (a documented primary channel), community involvement, and earned media rather than paid advertising.

Name

MEDIA REAL ESTATE

Legal name

Media Real Estate Company

Website

https://mediarealestate.com

Company type

Private

Founded year

1958

Operating status

Operating

Headcount range

11–50 employees

Short description

Media Real Estate is a third-generation, family-owned commercial and residential real estate brokerage and property manager founded in 1958, serving the Delaware Valley with brokerage, property management across approximately 2 million square feet, and apartment leasing at multiple branded Pennsylvania communities.

Ownership category

akta.pro rank

Product category

Commercial & Residential Real Estate Brokerage

SIC

Real Estate Agents & Managers (For Others) (6531), Real Estate (6500), Real Estate Dealers (For Their Own Account) (6532)

akta.pro primary industry

Tenant Representation & Corporate Services Brokerage (BPAJABAJ)

akta.pro secondary industry

Residential Real Estate Brokerage (Buy/Sell) (FSAEAJAA)

Keywords

• Commercial real estate brokerage
• Residential real estate services
• Apartment leasing
• Property management services
• Tenant representation

Headquarters

HQ city

Media

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Real Estate Brokerage Commissions: Traditional real estate brokerage fees from commercial and residential property sales and leasing transactions. Agents represent buyers, sellers, landlords, and tenants in transactions throughout the Delaware Valley.
2. Property Management: Management of owned and third-party apartment communities, commercial properties, and residential rentals. Services include tenant placement, rent collection, maintenance coordination, and lease administration.
3. Apartment Leasing: Leasing of owned apartment units at communities including The Brynchester, Madison Suites, Brooke Hall, and others in the Pennsylvania region. Revenue generated through monthly rental payments from residential tenants.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

Media Real Estate is a commercial and residential real estate brokerage that buys, sells, and leases properties across the Delaware Valley and Tri-State area. It also owns and operates multiple apartment communities (The Brynchester, Madison Suites, Brooke Hall) and provides third-party property management with 24/7 maintenance, online rent payment, and tenant placement services.

Product overview

Media Real Estate is a commercial and residential real estate brokerage operating as a unified platform offering apartment leasing, property sales, and leasing services. The core product portfolio includes Commercial Real Estate Services (office, retail, industrial property transactions), Residential Real Estate Services (home buying, selling, and renting), and Apartment Leasing across multiple Pennsylvania communities. Supporting services include Tenant Representation (exclusive buyer/tenant agent for commercial), Property Management with 24/7 maintenance, online rent payment via Zego, digital apartment applications, and a renters insurance program in partnership with First American. The company manages branded apartment communities including The Brynchester Apartments (55+ luxury), Madison Suites Luxury Apartments, and Brooke Hall Apartments. Additional tools include mortgage calculators and comparable market analysis services.

Differentiator

Problem solved

Functional benefit

Products and services

• Commercial Real Estate Services Buying, selling, and leasing of commercial properties including office, retail, and industrial spaces throughout the Delaware Valley.
• Residential Real Estate Services Buy, sell, or rent residential homes with services including new homebuyer counseling, financial analysis, pre-sale seller counseling, and market assessment.
• Apartment Leasing

Quantifiable outcome

• 65+ years of continuous operation with repeat customers and referrals generating the majority of business

Named customers9 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Partnerships

Ten partnerships are on record, tiered core and minor.

• Intuit Real Estate SolutionscoreTechnology or IntegrationMedia Real Estate selected Intuit Real Estate Solutions' (IRES) MRI Commercial and Residential software solutions and JobCost module to centrally manage their two million square feet of leasing space. This technology partnership enables integrated property management, leasing, and financial tracking across the company's portfolio.
• Zego (Powered by PayLease)coreTechnology or IntegrationThird-party online rent payment processing platform. Residents pay rent online via Zego platform with credit/debit cards or e-check/ACH. Media Real Estate integrated this payment processing to enable convenient online rent collection and autopay functionality.
• First American Property & Casualty Insurance CompanyminorChannel Partner/ Reseller/ DistributorArranged renter's insurance program for convenience of residents. First American provides guaranteed-acceptance renters insurance to tenants at all Media Real Estate communities. Media Real Estate receives no commission or fee from this arrangement - purely a customer convenience service.
• Boy Scouts of America (Cradle of Liberty Council)minorOthersCommunity nonprofit organization supported through donations and volunteer involvement by Media Real Estate team members.
• Rotary InternationalminorOthersCompany leadership actively involved in Rotary Club of Media. Bill Strine Sr. is a past president of the club. Jeff Cadorette served as Past Governor of southeastern Pennsylvania Rotary district and joined Rotary International Board of Directors in 2018.
• ElwynminorOthersNonprofit organization supporting individuals with developmental and behavioral health challenges. Bill and Judy Strine were honored at the 45th Annual Elwyn Ball, raising funds for the organization's mission.
• Habitat for HumanityminorOthersInternational nonprofit housing organization supported through donations and volunteer involvement by Media Real Estate.
• Rocky Run YMCAminorOthersLocal YMCA organization. Jeff Cadorette and Bill Strine enthusiastically support the Rocky Run YMCA mission. Company leadership serves on Board of Managers.
• Williamson College of the TradesminorOthersVocational college. Bill Strine Sr. serves on board of trustees at Williamson Trade School. Company pledged $2.3 million for construction of new dormitory (completed for 2022-2023 school year).
• Compassion for LifeminorOthersNonprofit organization working in Liberia. Bill Strine Sr. partnered with Compassion for Life to bring real change to a village in Monrovia. Documentary video 'Compassion for Life' available.

Scale indicators2 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• Cushman & Wakefield: Global commercial real estate services firm providing brokerage, property management, valuation, and advisory. Comparable to Media Real Estate's commercial brokerage, tenant representation, and property management services as a larger incumbent operating in the same Pennsylvania and Mid-Atlantic markets.
• CBRE Group: Global commercial real estate services firm offering brokerage, property management, and investment advisory. Comparable to Media Real Estate's commercial brokerage and property management services as a much larger incumbent that competes for the same tenant representation and landlord mandates.
• Keller Williams Realty: Large, agent-centric residential and commercial real estate franchise with strong Mid-Atlantic presence. Comparable to Media Real Estate on the residential brokerage and agent-driven go-to-market motion, though with a substantially larger agent base and technology platform.
• Berkshire Hathaway HomeServices: National residential real estate brokerage franchise network offering residential buying, selling, and relocation services. Comparable to Media Real Estate on the residential brokerage side as a larger, multi-state franchise operator that competes for agent talent and listings in the Mid-Atlantic.

Regional players

• Weichert Realtors: New Jersey-headquartered residential and commercial real estate franchise with deep Mid-Atlantic and Pennsylvania presence. Comparable to Media Real Estate as a similar age and type of family-rooted regional brokerage operating across the same Pennsylvania and Tri-State geographic footprint.
• BHHS Fox & Roach / Home Services of America: Berkshire Hathaway-affiliated residential brokerage with deep presence in Pennsylvania, New Jersey, and Delaware. Directly comparable to Media Real Estate's residential brokerage as the largest regional competitor operating in the same Delaware Valley footprint.

Direct peers

• Marcus & Millichap: Commercial real estate investment brokerage specializing in office, retail, multifamily, and industrial transactions across the U.S. Directly comparable to Media Real Estate's commercial brokerage division, particularly its investor/owner representation work and tenant representation services.
• Colliers International: Global commercial real estate services and investment management firm providing brokerage, property management, and advisory. Directly comparable to Media Real Estate's commercial property services, tenant representation, and landlord advisory offerings at a larger scale.

Emerging players

• Compass: Technology-enabled residential and commercial real estate brokerage that has expanded into the Philadelphia suburbs and Mid-Atlantic. Comparable to Media Real Estate as a competing brokerage model built around proprietary technology, agent productivity tools, and lead generation.
• Redfin: Technology-led residential brokerage and real estate portal operating across major U.S. metros including the Philadelphia area. Comparable to Media Real Estate's residential brokerage as a tech-enabled competitor pursuing agent productivity, lead generation, and commission compression in the same submarkets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/media-real-estate-company
• Xx.com/MREinPA
• Facebookfacebook.com/MediaRealEstate

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about MEDIA REAL ESTATE