WHAT WE DO
We are focused on developing state-of-the-art micro unit rental apartments in 12 coastal counties across Northern and Southern California. Each county is experiencing severe urban housing shortages, offering high long-term rental demand.
By incorporating modern design and architecture, micro units can provide excellent living with advanced technologies, enjoyable aesthetics and a full range of amenities. Moreover, close access to key transportation hubs and proximity to urban centers allows a key demographic to once again enjoy city living.
OUR PASSION
Our Founding Partner, Richard Hall, has a passion for designing and developing very specialized properties which meet very specific needs. Below are some key metrics which illustrate his passion for developing real estate in California.
LEADERSHIP TEAM
Our leadership team partners with only leading contractors, including city planners, design and architecture firms and construction and development contractors, who meet the highest industry standards.
Richard Hall – Founding Partner
Richard has developed dozens of major real estate projects and communities throughout California over the past 37 years, with a focus on affordable housing. This has included joint ventures with Merrill Lynch, John Hancock and Boston Financial for tax credit equity along with private investors. Also in the 1980’s 12 deals with Fidelity Federal Savings and Loan and Valley Federal Savings and Loan. In the early 1990’s Richard developed the Laguna Beach Montage Hotel on 29 acres of ocean front property. It is still considered one of the most difficult entitlement projects ever undertaken in California – the subject of over 125 newspaper articles.
He has acquired and / or developed over 20 mobile home parks throughout California. He also entitled three self-storage properties, each exceeding 100,000 square feet of rentable space. He has also developed 11 major affordable housing communities throughout California providing 1,509 affordable housing units. Richard’s current focus is developing micro unit apartment buildings. Mr. Hall is a graduate of USC School of Business with an emphasis on Finance. He has also taken numerous taxation classes in the Master of Business Taxation Program.
Richard Farrell – Co-Founder and CFO
Richard is a former Investment Banker with over 23 years of experience in finance, M&A, capital raises and corporate restructures in Australia and the United States. Richard has been founder and CFO of several companies and was formerly an Investment Banker with Beerworth & Partners in Sydney Australia, where he advised on takeovers and private placements. Prior to that, Richard was with Ernst & Young Corporate Finance and formerly Deloitte Touché Corporate Finance. Richard has a BComm. (Australian National University), LLB (Australian National University) and a Graduate Diploma in Finance & Investment (Finsia).
Todd Wright – Entitlements, Site Planning and Land Use Planning
Todd has over 30 years of experience solving complex real estate development challenges, including land use approvals, construction management and real estate development. He is currently President of Real Estate Strategies & Solutions, LLC and owner of Woodley, Wright & Lynn which provides development management services, including the redevelopment of former military bases, historic rehab projects, senior housing, affordable housing, land development and commercial development. Todd was formerly a SYDA Foundation Board Advisor, Project Manager for Prometheus Development Co and Finance Manager for Lucasfilm Ltd. Todd has an MS, Civil Engineering & Construction Management from UC, Berkley and a BS, Civil Engineering from University of Michigan.
Tim Caldwell – Finance and Taxation
Tim has over 30 years of finance and taxation experience in major property development projects. He is currently Tax Partner with [ ]. Tim was formerly a Tax Partner with Arthur Andersen. Tim holds [insert credentials].
OUR COMMITMENT
Never has California experienced such a housing crisis. Young professionals seeking to live in central urban locations are being priced out of the market. We are committed to providing safe and modern apartments with all the amenities at rental rates young professionals can afford.
