Pacific Property Company · Palo Alto, CA United States
Company Description
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This link will open in a new window Pacific Property Company is rather specific when it invests in multifamily residential properties. The company typically buys apartment communities, makes improvements to the properties, and sells them within five years. In the past Pacific Property Company mainly focused on California's coast and the Pacific Northwest. However, it has branched out with new investments in the Mid-Atlantic. Its portfolio includes some about 30 apartment properties. Since Pacific Property Company was established, it has acquired more than $2 billion in real estate assets. The company is part of the Marcus & Millichap group. CEO Alfred Pace co-founded Pacific Property Company in 1998. To read the full description, subscribe now.
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Key Pacific Property Company Financials
| Company Type | Subsidiary Headquarters |
| Fiscal Year-End | December |
| Employees | 25 |
Pacific Property Company Executives
8 executives listed for Pacific Property Company's Palo Alto, CA location.
| Title | Name & Bio | Contact |
| President and CEO | Alfred Pace | Network |
| CFO | Arthur Cole | Network |
| VP Acquisitions, Northern California | Eric Schrumpf | Network |
Competition
Competitive Landscape for Pacific Property Company
Demand is driven by population growth. The profitability of residential real estate brokerage and management companies depends on demand for properties and the volume of transactions they handle, both of which are usually higher during periods of strong economic growth and can be negatively impacted by a recession or too much new construction. Large companies have only modest economies of scale and benefit mainly from better name recognition than smaller rivals. Small companies compete effectively by developing expertise in a single market or region. To read the full description, subscribe now.Top Pacific Property Company Competitors
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