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Find a Location

First National Realty Partners LLC has 1 locations, listed below.

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    Business ProfileforFirst National Realty Partners LLC

    Real Estate Investing
    BBB accredited business

    At-a-glance

    Customer Reviews

    3.97/5stars

    Average of 29 Customer Reviews

    Customer Complaints

    2 complaints closed in last 3 years

    2 complaints closed in last 12 months

    BBB Rating & Accreditation

    Accredited Since: 11/27/2018

    Years in Business: 9

    Customer Reviews are not used in the calculation of BBB Rating

    Overview of BBB Rating

    Related Categories

    Overview

    First National Realty Partners (FNRP) is a commercial real estate private equity firm specializing in necessity-based CRE that owns and operates real estate throughout the United States. FNRP focuses on expanding its portfolio by acquiring market-dominant, institutional-quality investments that achieve exceptional risk-adjusted returns for their investors.

    Business Details

    Location of This Business
    151 Bodman Pl Ste 201, Red Bank, NJ 07701-1064
    BBB File Opened:
    8/17/2018
    Years in Business:
    9
    Business Started:
    3/27/2015
    Business Incorporated:
    3/27/2015
    Accredited Since:
    11/27/2018
    Type of Entity:
    Limited Liability Company (LLC)
    Alternate Business Name
    • FNRP
    • FNRPUSA
    Business Management
    • Mr. Anthony Grosso, Managing Principal
    • Mr. Christopher Palermo, Managing Principal
    • Mr. Andrew DeNardo, Director of Operations
    • Mr. Mike Law
    • Ms. Jessica DeMarino, Communications Manager
    Contact Information

    Principal

    • Mr. Anthony Grosso, Managing Principal

    Customer Contact

    • Mr. Mike Law
    • Ms. Jessica DeMarino, Communications Manager
    Additional Contact Information

    Email Addresses

    Customer Complaints

    2 Customer Complaints

    Need to file a complaint? BBB is here to help. We'll guide you through the process. How BBB Processes Complaints and Reviews

    File a Complaint

    Most Recent Customer Complaint

    02/01/2024

    Complaint Type:
    Customer Service Issues
    Status:
    Resolved
    I am the accounts payable person and I have tried to speak with property accountant by phone for months because of confusion over payments. There has been no response other than by email 2 months ago and that was unsatisfactory. Now I am looking at a huge bill when I have been on auto pay and I am clueless how to resolve the issue.
    Read More

    Customer Reviews

    29 Customer Reviews

    What do you think? Share your review.

    How BBB Processes Complaints and Reviews

    Start a Review

    Most Recent Customer Review

    Michael S

    1 star

    07/18/2024

    This company is fraudulent. Their cash flow projections are far from reality. I have $150000 invested for more than 2 years and have had 1 quarterly distribution during that time. Do not be foolish with the positive comments they are only representing those who have just made there initial investments. The setup is for the investor to receive their first quarterly distribution and generate a positive comment and then everything shuts down afterwards. And now you are left with a non performing asset and stuck hoping that you can at least cash out with your initial investment at time of sale of the property. These are not good people!!!

    First National Realty Partners LLC Response

    07/26/2024

    Hi *******, Thank you for taking the time to share your feedback. We apologize for the frustrations you have experienced during your investment journey with us. We understand your concerns regarding the cash flow projections and distribution schedule. We assure you that our cash flow projections are developed through rigorous analysis and are based on historical data. However, there are factors beyond our control that can significantly impact your investments such as interest rate hikes, market volatility, tenant vacancies, capital expenditures, and unexpected external events. We acknowledge that some investments havent met expectations, and we remain committed to taking steps in managing our portfolio that deliver the best possible returns for our investors. Our investment structure is designed for long-term growth and stability, not short-term gains. We value your investment and remain committed to open communication. We appreciate you taking the time to speak with your Relationship Manager. If you would like to further discuss the status of your investments, please contact our VP of IR Experience, *********************. **** can be reached by phone at ************** or by email at ***********************************

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