Edward J. Reitmeyer, CPA, MST
President, Founder 

Most recently, Ed has formed a joint venture, Sno Mountain, L.P. which acquired the failing ski resort at Montage Mountain in Scranton, PA.  Sno Mountain raised $8,000,000 in equity capital and has redeveloped the ski operations and begun construction of a water park recreational facility.  The total cost of the project will ultimately be approximately $25 million.  Additionally, partnership is considering further development of the site as a luxury ski on, ski off residential community.

Almost simultaneously, Ed participated in a $1,100,000 equity raise for an independent living facility in
Bedford, New Hampshire.  Partnering with Kaplan Development and Mills Development, Bentley Commons
will begin accepting senior residents in February 2008. 

In his career he has been involved with many private equity real estate transactions, most notably, his work with Wynnewood Development Inc., who created Brinton Land Development Associates, L.P. Brinton Land Development Associates, L.P. is a planned office park with retail, office and hotel uses.   The development originally contained one office building with acreage valued at $10,000,000 in 1999.   Currently the development has a two shopping centers, hotel pad, medical office building, restaurants, daycare facility, pharmacy building in addition to acreage for further growth.  The current value of the development exceeds $95, 000,000.

Prior to founding Wynnewood Financial Partners LLC, Ed has been working as a public accountant since 1985 concentrating in the real estate industry. In his practice, he performs tax services, feasibility studies and financing scenarios for real estate clients. He also handles tax compliance, tax planning, and general business consulting for real estate firms.

Through his experience in the real estate industry,Ed began his career in the tax department of a national CPA firm in Philadelphia. While there, he worked primarily with clients in the real estate and professional service industries. He joined Drucker & Scaccetti, P.C. as one of its original shareholders in 1990. During his career, Ed has presented many lectures and seminars for accountants on a variety of tax subjects, and has even developed and authored courses on both corporate taxation and estate taxation.

Ed had previously served on the e Board of Directors of First Penn Bank and its Holding Company, PSB Bancorp.   He was elected to the Board in September of 2005.  Eventually he became chairman of the Audit Committee, and was instrumental in completing the sale of the public Bank.  With the help of Ed ‘s leadership,
the value of the bank increased from $50 million market capitalization to the ultimate sale of $105 million.