Big Bet Still Paying Off


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10 July 2010Printer Friendly VersionPost a CommentTell a Friend about this Article

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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:

    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 Square
Plus 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.com
This release was issued through WebWire(R). For more information visit http://www.webwire.com.

SOURCE Triple Crown Corporation

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