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David Rounick, based out of Penn Valley, PA, specializes in commercial real estate property investment in the greater Philadelphia region and including involvement in real estate projects located in Pennsylvania, New Jersey and Oklahoma. The existing real estate portfolio includes commercial properties primarily focused on apartment buildings, apartment complexes, student housing and mixed-use commercial projects.
Mr. Rounick’s interest in the real estate industry stems from his involvement in the Rounick family’s former business, Deb Shops, a nationwide specialty retailer of fashionable apparel, shoes and accessories. David Rounick’s grandfather, Philip Rounick, founded JOY Hosiery in Philadelphia with Aaron
Weiner. Later, when the next generation came onboard, David’s father, Marvin Rounick, and Warren Weiner expanded the company with the opening of Deb Shops and Tops & Bottoms into shopping malls nationwide. Deb Shops managed the purchasing and leasing of real estate locations as the company opened new stores and expanded across the U.S.
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PA; United States
David Rounick’s latest venture in the apparel industry is the launching of the new brand, Ookie & Lala. This brand leads Mr. Rounick’s next foray into the fashion industry with his new firm EPM Apparel LLC, a design house and manufacturer of high-end fashion for women. Ookie & Lala apparel are made for all,
simply transcending social groups and style categories. Simple yet universal and free to explore along each person’s own unique preferences. Founder David Rounick says, “Ookie & Lala hits the sweet spot of fashion by not being swayed by the trends. They are superior finished elements of style in clothes that fit all classes and types of people in simple terms.” The Ookie & Lala brand will be available soon and include both a manufacturing division as well as retail presence. For more information, please visit www.ookieandlala.com.
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The blog is about starting and running a new business, and everything related to expanding on a new venture as well as interesting tidbits related to legal issues, finance, etc.BACKGROUND:Starting from the ground floor and working his way up to management at Deb Shops Inc., David Rounick obtained hands-on,
all-encompassing experience on what it takes to run a successful nationwide apparel retail chain. Among the positions held prior to the business being sold were merchandise manager, buyer, and Assistant to the Director of Store Operations.It was while working in the family business and scouting for new store locations that Mr. Rounick acquired a talent for real estate investment. He started investing in real estate projects and has since expanded to a focused portfolio that also continues to be on the lookout for commercial investments involving apartment buildings, student housing projects, mixed used and other opportunities such as those involving urban revitalization.
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