MPI Family Office

MPI Family Office

MPI Family Office traces its roots to the Habib family’s Pittsburgh accounting practice that later expanded into healthcare services and commercial real estate. Peter Habib serves as CEO while Dr. James Powers acts as Chairman. The firm was established in 2008 and maintains its headquarters in St. Petersburg, Florida. The office focuses on direct co-investments and SPVs in real estate and distressed situations. Asset classes include mixed-use properties, residential conversions, and select healthcare-related holdings. Confirmed positions include VIVO Living Baltimore, VIVO Living Wilmington, Northshore Heights in Knoxville, Embassy Suites Lubbock, and Hilton Garden Inn Evansville. Geographic reach centers on the United States with activity in Florida, Maryland, North Carolina, Tennessee, Texas, and Indiana. Fairway America and Vivo Living serve as key operating partners on hotel-to-apartment conversions. Team size and total deployment remain undisclosed. Peter Powers leads acquisitions and asset management while Elizabeth Habib handles communications. The firm participates in the Family Office Club and maintains the Habib Family Charitable Foundation as a separate philanthropic vehicle. No operational events from the last 24 months appear in available records. MPI Family Office structures its mandates around multigenerational preservation through GP-level co-investments rather than fund commitments. This approach keeps decision rights with the family principals and operating partners instead of external managers.