Our Partners
Pacifica Capital Real Estate’s Local Operating Partners:
Typically, Pacifica Capital Real Estate sources investment opportunities through local partners with whom our principals have had a business, investment, and personal relationship for many years. Those trusted partners invest their cash in those local projects alongside of ours, and may provide asset management, development, property management, leasing, and brokerage services. Some of them this cycle include:
Led by Adam Robinson, Pacifica’s long-time partner, RPG and Pacifica work together to develop and acquire high-end, state-of-the art mixed-use, creative office and creative industrial™ facilities in Southern California. RPG has a well-established track record in the San Diego market where has it has acquired/developed and managed RAF Pacifica portfolio of over 5 million square feet of commercial properties (including current and sold investments), among its many other real estate activities.
Led by Austin Herlihy and Chris Parker, Hot Springs Capital is one of Pacifica’s local development partners in Santa Barbara. With successful backgrounds in real estate brokerage and construction, Austin and Chris have been active in development and making acquisitions in the Santa Barbara area with Pacifica and other large and entrepreneurial investment groups over the past two decades.
Westerlay:
As the manager of Pacifica’s Santa Barbara portfolio, Westerlay Real Estate Group has lived up to its standards: “YOUR INVESTMENT. OUR PRIORITY. Founded on the principles of hard work, integrity and accountability, Westerlay manages properties as if it were the owner.”
Jim Atkins and Dike Dame have been our local development partners in primarily multi-family and mixed-use developments in Oregon and Washington. The most recent ones include 200-unit mixed-use project 15 miles east of Portland, and a major, multi-year development of several hundred primarily multi-family units on the Willamette River in Downtown Eugene near the University of Oregon.
Rocky Mountain Senior Housing has been our local operating partner as we have developed senior living communities in Colorado, including in the Denver Metroplex and on the Western Slope of the Colorado Rocky Mountains.
Pacifica Capital Real Estate’s Institutional and Family Office Equity Partners:
Ranging from private equity funds to family offices and entrepreneurial capital groups, Pacifica partners with a variety of institutions. Generally our institutional partners invest 50% to 90% of the equity required for specific projects.
With Carlyle as its joint venture equity partner, Pacifica has developed in the last decade multi-family projects in the Northwest (Washington and Oregon) and distribution and R&D buildings in San Diego County.
Pacifica’s relationship with the Mack Family and its various investment capital companies began in the mid-1990s in Colorado where we developed commercial properties. This cycle, we have acquired and developed primarily multi-family projects in the Northwest (Seattle and Portland) and light industrial and R&D buildings in San Diego. Pacifica and Mack Real Estate Group are building a $50 million logistics facility in Oceanside, California, and a multi-family project in Santa Barbara County.
ARKA Properties Group, Inc. (“ARKA”) is a private real estate investment company owned and operated by members of the Kaplan Family. Our investment history dates back to the early 1980s in Los Angeles, extended to Denver in the 1990s, and continues in Southern California: North County San Diego and Santa Barbara County. Together with the Kaplans we have both acquired and developed industrial, office and retail buildings as well as mixed-used projects – with Pacifica taking the lead as the operating partner.
Over the last decade, Bow River Capital has invested with Pacifica in developing senior living communities in Colorado and commercial developments in North San Diego County. Other institutions and family offices which have invested in Pacifica’s projects this cycle include: Apollo Real Estate Advisors (“AREA”), Cigna, AECOM, the Pritzker Family, and others.