Arris Investments LLC

Arris Investments LLC was formed to capitalize on the growing void in the capital markets for institutional equity capital per deal under $15MM. Institutional real estate investment management is transforming; diversified fund managers are consolidating into fewer platforms with increasing amounts of assets under management and many pension funds are bringing management in house in an effort to eliminate double promotes by investing directly with operating partners. These changes result in larger average investment sizes with only the “best-in-class” operators, leaving the majority of operators without many options to access institutional capital. Arris provides equity capital to this underserved pool of operators across asset types in the western United States. Arris typically provides the majority of required equity, ranging from $5MM to $15MM per deal. Deals are underwritten on five-year holds and must involve a value-added strategy that does not rely heavily on rental growth.

Real Estate Specialization
Multifamily
Office
Retail
Hotels
Mixed-use
Senior Housing
Investment Type
JV partnership
Investment Style
Value-add
Typical Deal Size
$5,000,000 - $10,000,000
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Managing Principal

David Parsky

Mr. Parsky co-directs the business and investment strategy for Arris Investments. Prior to co-founding Arris, Mr. Parsky was the senior investment officer on the west coast for Apollo Global Real Estate (AGRE). Based in the Los Angeles office, Mr. Parsky was responsible for sourcing, execution, management and dispositions in the U.S. and Mexico for AGRE’s North American equity business. Prior to joining AGRE, Mr. Parsky managed and was the senior investment officer for Citi Property Investments’ (CPI) west coast operations. Mr. Parsky led the execution of the west coast origination and investment strategy and closed over $500 million in transactions. Mr. Parsky’s real estate investment experience includes multiple property sectors such as office, industrial, multifamily (rental and for-sale), land Read More! development, hospitality and self-storage. Mr. Parsky has extensive experience with ground-up development, entitlement work, and re-development/repositioning of assets. During his career, Mr. Parsky has executed investments in Arizona, California, Florida, New Jersey, Texas, New Mexico, Utah, Washington, and beyond the U.S. in Mexico and Europe. Prior to joining CPI, Mr. Parsky was a Partner at Vista Real Estate Partners, which he co-founded. While at Vista, Mr. Parsky participated in over $200 million in value added and opportunistic investment activity in the western U.S. Prior to Vista, Mr. Parsky was a Vice President with Colony Capital, responsible for identifying, evaluating and consummating new acquisitions. Mr. Parsky also participated in strategic repositioning, asset management and disposition initiatives as part of Colony’s investment objectives. Earlier in his career, Mr. Parsky was an Associate with Security Capital Group. Mr. Parsky received an M.B.A. from The J.L. Kellogg School of Management at Northwestern University and a B.A. from the University of Pennsylvania. He is a member of the Urban Land Institute.

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Managing Principal

Greg Galusha

Mr. Galusha co-directs the business and investment strategy for Arris Investments. He has 20 years of real estate experience, including roles in origination, asset management, lending, work-outs, portfolio management, development and fundraising, with several reputable organizations managing institutional capital. Most recently, Mr. Galusha served as a partner with PCCP in Los Angeles for almost ten years, where he was responsible for joint venture equity and debt originations across product types and execution strategies, including note financing and lender workouts. During his tenure there, Mr. Galusha was responsible for more than 50 transactions, committing approximately $1 billion to retail, office, multifamily, hospitality, land and industrial projects throughout the western United States.

Geographical Area
Mapped Location