about pacifica companies
The principals have taken a less common approach to real estate investing with the tact that all real estate classes should be understood and evaluated for investment. This approach is based upon an opportunistic investing strategy and desire for continuous growth.
This approach has shaped what is now a very diversified portfolio in terms of asset classes and geographic locations. Pacifica’s asset class experience includes the following;
Pacifica has been involved in the acquisition of hundreds of performing and non performing debt instruments over the last decade and has a very successful track record in this asset with the acquisition of over 500 residential and commercial notes.
Pacifica has an extensive residential track record that includes land entitlement, single family ground up development, master planned community development, residential towers, condo conversion, and multifamily for sale and rent projects.
Pacifica owns a portfolio of senior housing properties and is dedicated to growing this portfolio that spans across the Sunbelt states and will include independent living, assisted living and memory care units. Compelling demographics in the US are driving Pacifica desire to expand in this space.
Pacifica has been one of the larger owners and operators of hotels within the US since the early 1990’s. In 2006 the company was the 25th largest owner of hotels within the U.S. Pacifica acts as general contractors for their renovations and has a number of hotels under development and currently owns and operates 30 hotels in the US under brands like Marriott, Hilton and Holiday Inns.
Pacifica has a multifamily track record that dates back three decades and has always been an important aspect of the company’s investment strategy. Pacifica has owned thousands of multifamily units on both coasts of the US. Pacifica has always looked for multifamily assets that present an opportunity to add value by repositioning an asset or instituting better management.
Mixed Use / Infill Development
Pacifica has an extensive mixed use track record that includes numerous acquisitions of existing and development projects. Pacifica has always looked for real estate synergies from multiple uses on a property.
Pacifica has a long history in the office arena and has invested in this asset class not long after the inception of the company. Today Pacifica owns over 2.5 million square feet of office space.
Pacifica Companies has bought existing as well as developed product ranging from shopping centers, single tenant NNN leased properties as well as purchase sale lease backs. Many of Pacifica’s tenants are national retailers and chains.