CO-FOUNDER, HEAD OF CAPITAL MARKETS, WATERFORD PROPERTY CO.
WHY: Co-founded with Sean Rawson owner-driven diversified real estate investment and development company, with a recent and growing focus on adding workforce housing for middle-income earners.
IN THE NEWS: Has invested roughly $2.2B in workforce housing deals since 2021, with nearly 100% occupancy across the portfolio.
NOTEABLE: Local workforce housing acquisitions include two large Anaheim apartment projects—The Parallel and the Jefferson Platinum Triangle—paying nearly $320M combined.
QUOTABLE: “People thought we were paying more than we should for those properties, which were about 91% leased at the time. But rents in the Platinum Triangle have skyrocketed since April 2021 and vacancies have plummeted. Those two assets have been fully leased for about a year and a half.”
