Big Bet Still Paying Off
| 10 July 2010 |
HARRISBURG, Pa. July 9 /PRNewswire/ -- Thirty-three years ago, founder Alex DiSanto founded Triple Crown Corporation to handle a massive wager.
DiSanto had heard about a dynamo horse named Seattle Slew. He had won both the Flamingo Stakes and Wood Memorial Stakes horse races in record times. The undefeated horse was preparing for the Kentucky Derby.
DiSanto had a good feeling about Seattle Slew. He bet that he would win the Triple Crown, the single biggest achievement for a racehorse.
But he didn't bet at the track.
DiSanto instead bought 2,000 tickets each to the Kentucky Derby, Preakness Stakes, and Belmont Stakes and formed Triple Crown Corporation to pull off the deal. After Seattle Slew won all three races, DiSanto framed sets of the three tickets along with a picture of the racehorse and sold them as collector's items.
He made more money than anyone on Seattle Slew's victory.
The profits from that sale gave the newly-formed corporation the capital to begin buying real estate properties in and around Harrisburg, and the company has been growing ever since.
Triple Crown Corporation celebrated its thirty-third anniversary on June 27th. Given such risky beginnings, the company has been stable since inception and continues to grow today. Triple Crown counts 93 employees among its full- and part-time staff.
During 2009, in one of the worst real estate markets in a century, Triple Crown acquired six properties including four home development properties, an apartment complex and Colonial Golf & Tennis Club near Harrisburg. These acquisitions add to an already impressive portfolio of properties, including:
Triple Crown Corporation is a real estate development and property management company providing real estate services to Harrisburg, PA and the surrounding area. The company offers apartments for rent, new home sales, luxury townhomes, commercial real estate, and other services throughout Central PA.
SOURCE Triple Crown Corporation
DiSanto had heard about a dynamo horse named Seattle Slew. He had won both the Flamingo Stakes and Wood Memorial Stakes horse races in record times. The undefeated horse was preparing for the Kentucky Derby.
DiSanto had a good feeling about Seattle Slew. He bet that he would win the Triple Crown, the single biggest achievement for a racehorse.
But he didn't bet at the track.
DiSanto instead bought 2,000 tickets each to the Kentucky Derby, Preakness Stakes, and Belmont Stakes and formed Triple Crown Corporation to pull off the deal. After Seattle Slew won all three races, DiSanto framed sets of the three tickets along with a picture of the racehorse and sold them as collector's items.
He made more money than anyone on Seattle Slew's victory.
The profits from that sale gave the newly-formed corporation the capital to begin buying real estate properties in and around Harrisburg, and the company has been growing ever since.
Triple Crown Corporation celebrated its thirty-third anniversary on June 27th. Given such risky beginnings, the company has been stable since inception and continues to grow today. Triple Crown counts 93 employees among its full- and part-time staff.
During 2009, in one of the worst real estate markets in a century, Triple Crown acquired six properties including four home development properties, an apartment complex and Colonial Golf & Tennis Club near Harrisburg. These acquisitions add to an already impressive portfolio of properties, including:
Single Family Homes: Apple Creek Farms Carriage Park Silver Brook Ivy Ridge Foxwood The Manor at Westport
Multi Family Homes: Ivy Ridge The Enclave Brook Meadow
Manufactured Homes: Meadowview Village Palmdale Square
Home Sites: Rabbit Hill Estates Bunker Hill Estates
Rental Communities: La Collina Steeple Chase Paxton Mill Estates Whisperwood Apartments Mountaindale Condos Bent Creek Apartments Beaumont Square GeorgeTown Crossing The Falls at Beacon Hill Blue Meadows Farm Fairfax Village Piccadilly SquarePlus Various Office, Commercial and Manufacturing Properties
Triple Crown Corporation is a real estate development and property management company providing real estate services to Harrisburg, PA and the surrounding area. The company offers apartments for rent, new home sales, luxury townhomes, commercial real estate, and other services throughout Central PA.
Press Release Contact Information: Karen Jordan Marketing Manager Triple Crown Corporation 717.657.5729 x129 jordank@triplecrowncorp.comThis release was issued through WebWire(R). For more information visit http://www.webwire.com.
SOURCE Triple Crown Corporation
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