Landstonei | Investment · Partners

SS 01 — Group

A century of combined real estate expertise.

Landstonei Companies (collectively "Landstonei") are a family of leading diversified and fully-integrated real estate firms with corporate offices in Bakersfield, California. Our management team combines more than 100 years of experience in real estate investment, asset management, and brokerage.

From acquisition through disposition, our vertically-integrated platform provides institutional investors, family offices, and strategic partners with access to curated opportunities across multiple asset classes and geographies.

Our Divisions → View Portfolio

$2.4B

Assets Under Management

Regional Offices

AAA−

S&P Credit Rating

1987

Year Founded

REPORTING · US GAAP · SASB ALIGNED

SS 02 — Divisions

Three disciplines, one platform.

Each Landstonei division operates with dedicated expertise while sharing a unified commitment to disciplined execution and investor returns.

01 /

Landstonei Investment

Acquisition, recapitalization, and value-add investment

$1.8B portfolio →

Landstonei Investment acquires and recapitalizes value-add and stabilized assets across multifamily, industrial, office, and mixed-use product types. We target 15%+ net IRR through operational upside, market repositioning, and disciplined capital structuring.

Laurel Canyon Apartments

312 units · $78M · Phoenix, AZ

Class A multifamily · 98% occupied

Westlake Corporate Center

185K sq ft · $42M · Bakersfield, CA

Value-add office repositioning

Mojave Logistics Hub

440K sq ft · $61M · Ontario, CA

Last-mile industrial · 10-yr lease

Granite Creek Residences

196 units · $34M · Fresno, CA

Garden-style · 15% rent growth

Canyon Ridge Town Center

240 units + retail · $95M · Scottsdale, AZ

Ground-up mixed-use development

Sunset Heights Portfolio

874 units · $152M · Central Valley, CA

Five-property stabilized portfolio

02 /

Landstonei Partners

Asset management, fund administration, and investor relations

26 active funds →

Landstonei Partners manages 26 active investment vehicles spanning value-add, core-plus, and opportunistic strategies. We provide full-cycle fund administration, quarterly investor reporting, and asset management oversight across $2.4B in gross assets.

Fund VII

$340M · Value-Add · 2026 vintage

Oversubscribed · Multifamily & industrial

Fund VI

$280M · Value-Add · 2023 vintage

82% deployed · 5 acquisitions completed

Core-Plus Income Fund

$410M · Stabilized · 2021 vintage

Target 8–10% net IRR · Quarterly distributions

Opportunistic Fund IV

$190M · Opp. · 2022 vintage

Ground-up development & repositioning

Sunset Heights Portfolio

874 units · Separate account

Institutional mandate · Central Valley focus

Joint Venture Platform

$220M co-invest · 2024 launch

Selective JVs with operating partners

03 /

Landstonei Realty

Full-service brokerage, leasing, and property management

1,200+ transactions →

Landstonei Realty provides full-service commercial and residential brokerage, tenant representation, leasing, and property management across six California and Arizona markets. Our agents close over $800M in transaction volume annually.

Investment Sales

$820M+ annual volume

Multifamily, industrial, office disposition

Property Management

2,100+ units under management

Full-service: lease-up, renewals, maintenance

Tenant Representation

340+ leases negotiated (2025)

Office, retail, and industrial

Market Research

Quarterly reports · 6 MSAs covered

Bakersfield, Fresno, Sacramento, Phoenix, Ontario, Scottsdale

SS 03 — Portfolio

Selected investments across asset classes.

Multifamily, industrial, office, and mixed-use — diversified exposure across high-growth US markets.

Multifamily

Laurel Canyon Apartments

312-unit Class A multifamily community in Phoenix, AZ. Resort-style amenities, 98% occupancy since acquisition.

312 units $78M acquisition Phoenix, AZ

Office

Westlake Corporate Center

185,000 sq ft Class B+ office campus in Bakersfield, CA. Value-add repositioning with lease-up strategy.

185K sq ft $42M acquisition Bakersfield, CA

Industrial

Mojave Logistics Hub

440,000 sq ft last-mile distribution facility in the Inland Empire. 10-year lease to investment-grade tenant.

440K sq ft $61M acquisition Ontario, CA

Multifamily

Granite Creek Residences

196-unit garden-style community in Fresno, CA. Recent renovation program driving 15% rent growth.

196 units $34M acquisition Fresno, CA

Mixed-Use

Canyon Ridge Town Center

78,000 sq ft retail and 240 residential units. Ground-up development in a high-growth submarket.

240 units + retail $95M development Scottsdale, AZ

Multifamily

Sunset Heights Portfolio

Five-property portfolio totaling 874 units across the Central Valley. Stabilized cash flow with upside potential.

874 units $152M portfolio Central Valley, CA

SS 04 — By the Numbers

Landstonei, in numbers.

Performance metrics across the portfolio, FY 2025.

$2.4B

Assets Under Management

↑ 12% YoY

96.2%

Portfolio Occupancy

↑ 1.8pp

18.4%

Net IRR (5-Year)

↑ 2.1pp

2,100+

Units Managed

Stable

0.4%

Delinquency Rate

↓ vs sector 1.2%

SS 06 — Leadership

The people behind Landstonei.

Senior leadership across investment, capital markets, wealth advisory, and operations — over 100 years of combined experience.

Group Executives

Executive Committee

Robert Castellano

Senior Partner & COO of the Board

Laura Campbell

Chief Operating Officer

David Tran

Chief Financial Officer

Elena Vasquez

Head of Asset Management

Partners

Division & Regional Heads

Marcus Hale

Partner, Landstonei Investment

Jennifer Okafor

Partner, Fund Administration

Thomas Whitfield

Partner, Landstonei Realty

Sandra Reyes

Partner, Capital Markets

James Okoro

Partner, Southwest Region

Senior Partners

Practice & Market Leaders

Amanda Chen

Senior Partner, Multifamily Investment

Patrick Dunmore

Senior Partner, Industrial & Logistics

Rebecca Sørensen

Senior Partner, ESG & Sustainability

Richard Esiaba

Senior Partner, Central Valley Operations

Advisory Board

Strategic Counsel

Hon. Margaret Liu

Former Under Secretary, HUD

Dr. Warren Keating

Professor of Real Estate Finance, Stanford GSB

Daniel Fong

Former CEO, Pacific Capital Bancorp

Wealth Management & Investment Banking

Capital Advisory & Private Client Services

Victor Almeida

Managing Director, Wealth Management

Natalie Ashford

Director, Private Client Advisory

Carlos Ibarra

Vice President, Investment Banking

Priya Malhotra

Vice President, Capital Markets Origination

Building value through disciplined real estate investment.

A century of combined real estate expertise.

Three disciplines, one platform.

Selected investments across asset classes.

Landstonei, in numbers.

From portfolio impact to measured outcomes.

Portfolio Carbon Intensity Reduction

The people behind Landstonei.

Landstonei in the news.

Partner with Landstonei.