Joel Flachs

Joel Flachs

Joel Flachs formed J&R Investments in August 2005 to acquire and manage a variety of commercial property types. A real estate broker licensed in the states of Pennsylvania and New Jersey, and a broker-appraiser in Pennsylvania, he brings an extensive knowledge of the local real estate markets, expertise in investment sales and retail leasing/tenant representation. Joel has located, raised equity, managed and acted as general partner for seven office buildings, two shopping centers, fifteen industrial buildings, and more than 400 apartment units as well as continuing specialty retail and investment brokerage.

Prior to forming J & R Investments, Joel was a Director of the Investment Services Group for Colliers L & A, the regional affiliate of Colliers International. Previously he was Chairman, Broker and Director of Bala Properties Group, which leased and managed various properties totaling more than 2,000,000 square feet of office, commercial and residential space, several of which he acquired for partnerships controlled by him. He also has served as shareholder, officer and director of Isard-Greenberg Company for six years where he was responsible for leasing, management and brokerage functions as well as locating and analyzing new projects.

William Whitmore, Jr.


An active and knowledgeable real estate investor with various commercial holdings in his portfolio, William (Bill) most recently served as Chairman of the Board of Allied Universal Security Services, a $5.3 billion integrated security services provider.

Previously President and CEO of SpectaGuard, which eventually became AlliedBarton Security Services, Bill grew AlliedBarton from a small, regional security company into one of the most respected firms in the industry. From June 2004 to January 2009, he served on the Private Sector Senior Advisory Committee of the Homeland Security Council, appointed by President George W. Bush. He is Chairman of the Board of the Ed Snider Youth Hockey Foundation, Board Member Emeritus of the Philadelphia Police Foundation, and former Chair of the Philadelphia University Board of Trustees.

Sanford Lipstein


Sanford (Sandy) possesses a broad background in structuring company financing, acquisitions, mergers and dispositions. After spending 15 years in public accounting, he joined Spectacor as CFO in 1985 and retired as CFO of Comcast-Spectacor in 2008.

Sandy serves on the boards of the Ed Snider Youth Hockey Foundation and Flyers Charities. Serving in director and officer roles, he has provided leadership to several foundations and nonprofit organizations throughout southeast Pennsylvania including Chester County Hospital, Freedoms Foundation at Valley Forge, and Turing Points for Children.

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