PPA is a Dynamic Real
Estate Investment Company...
Pacific Property Assets (PPA) is a real estate investment company based in Southern
California with corporate/investor relations offices in Irvine and central property
operations headquartered in Long Beach - with branch facilities in Riverside,
CA and in Phoenix, AZ. PPA is privately held and focuses on the acquisition,
renovation and operation of value-added apartment buildings.
The business plan of PPA is to purchase
apartment buildings in select markets that can be obtained
at prices which we believe are below the current cost
to acquire suitable land and construct a similar building.
We then typically improve each building to maximize the
rental income obtainable. As PPA is typically a long-term
owner, we usually also implement changes designed to
stabilize on-going operational expenses. Our goal is
to continue building a portfolio of these properties.
Experienced
in Real Estate Acquisitions, Management
and Operations...
Since its formation in 1999, PPA has acquired over $300
million of investment real estate, over 80% of which the
company has retained. Currently, PPA owns and manages 48
multi-family locations (several with multiple buildings)
containing 2230 individual apartment units, 3 office/commercial
buildings and a 117-bed, eight-story assisted living facility.
Recognized as one of America's
fastest growing, privately-held companies...
Recognition of this well-conceived and executed business
plan has occurred frequently. In 2004, 2005 and again in
2007, Inc. Magazine named Pacific
Property Assets as one of the fastest growing, privately-held
companies in America. In 2007, the Orange County Business
Journal
named PPA as the 17th fastest growing company based in
Orange County. |