by David Langlieb | May 10, 2023 | Uncategorized
Eighty-Five Years Later and They Still Don’t Exist By David Langlieb Finance is a peculiar business, and we at the Philadelphia Accelerator Fund do not pretend to understand more than we do. Like most, we were surprised and unnerved by the recent Silicon Valley Bank...
by David Langlieb | Mar 20, 2023 | Uncategorized
Written by David Langlieb Like most lenders, the Philadelphia Accelerator Fund typically requires that our borrowers personally guarantee our loans. While we don’t look forward to enforcing these personal guarantees and certainly don’t like taking borrowers to court,...
by David Langlieb | Feb 14, 2023 | Uncategorized
Written by David Langlieb There is an apocryphal story known to students of economics which appeared some years back in the late humorist P.J. O’Rourke’s excellent book Eat the Rich—a natural scientist asks an economist to name a law of economics that is neither...
by David Langlieb | Jan 9, 2023 | Uncategorized
Written by David Langlieb At the Philadelphia Accelerator Fund, we are ever-conscious of our mission as an alternative source of capital for small developers looking to scale up and build affordable housing in the city of Philadelphia. Part of this means periodically...
by David Langlieb | Dec 12, 2022 | Uncategorized
When you are in the business of financing housing construction, generational wealth is foundational to your work whether you recognize it or not. At the Philadelphia Accelerator Fund, we go further – for us, addressing the generational wealth gap for Black and...
by David Langlieb | Nov 7, 2022 | Uncategorized
Developers have access to power that can have an immense effect on the neighborhoods. All too often their impact is negative, displacing residents, closing community stalwarts, or causing rapid gentrification. It does not have to be this way! Here are a few...
