Strata Equity Group
Founded in 1983 in San Diego, California, Strata Equity Group, Inc. specializes in acquiring land and preparing it for development, and investing and managing existing multi-family residential, commercial/retail properties, single family residential, and renewable energy projects. The company's operations are primarily located in the Southwestern US markets. Since inception, the company has consistently delivered superior results to its business partners through thoughtful planning and execution. As a privately held and managed company, Strata Equity Group focuses on maximizing profits and minimizing risk for all stakeholders in a project. Strata Equity Group's experienced professional team has gained the full respect and trust among investors, lenders, municipalities, national builders, consultants, real estate brokers, title companies, escrow companies, law firms, buyers and sellers. With a clear vision of the future, Strata Equity Group identifies underutilized land and undervalued income properties and converts them into highly profitable developments and investments. Strata Equity Group's record of success is based on a formula predicated on three fundamental principles predicated location and concept of the property, understanding the real estate market cycles (timing), and the overall deal structure of the transaction. Our company is a co-investor in every project -- assuming the risk and reaping the benefits alongside our investors. All of our decisions are made considering the investor's best interest, maximizing profits while reducing risk while maintaining healthy and professional relationships with all parties involved in each transaction. Our team is highly trained and efficient in managing projects from start to finish with our state-of-the-art proven process for project management. We have assembled a team of recognized professional consultants in real estate, engineering, legal and accounting practices to assure every transaction is handled with efficiency and expertise. Acquisition Criteria: Multifamily Residential Size: 75 Units + Type: A, B, C Market, Affordable, 55+ Location: Western States Situation: Value – Add, cap-ex deficiency, management turnaround, reposition Land Investments Size: Any Type: Raw to Improved Location: Southern California Situation: Residential Entitlement or ReEntitlement Opportunities Broken Subdivision / Finished Lot / Condo / SFR Size: Any Type: Finished Lots, Single Family Homes, Condos, Partially Built Projects Location: Southern California Situation: Wholesale Bulk Purchase Opportunities Commercial / Retail / Industrial / Self Storage Size: 30,000 sq. ft. + Location: Southern California Situation: Redevelopment, Reposition, Extreme Cap Ex Deficiencies, Lease – up / Break – Up Opportunities Unique Situations Size: Any Location: See Product Chart Above Situation: White Knight, Debt Purchases, Joint Ventures, Interest Structures PLEASE DIRECT OPPORTUNITIES TO: Scott Wittman scottw@strataequity.com P. 858-546-0900 x 243
Real Estate Specialization
| Multifamily |
| Office |
| Industrial |
| Retail |
| Land/Development |
| Residential Income |
| Special Purpose |
| Mixed-use |
| Storage |
Investment Type
| JV partnership |
Investment Style
| Value-add |
| Development |
Typical Deal Size
| $10,000,000 - $50,000,000 |
Carlos Michan
The visionary behind the company's growth, Carlos has overseen more than $1 billion worth of land investments and commercial real estate projects since 1976. Today, Carlos focuses on perfecting the company's global strategy as well as developing strategic alliances.Education/Credentials: * Over three decades of real estate industry experience. * Bachelors degree in Industrial Engineering from UNAM (Universidad Autonoma de Mexico). * Member of the Urban Land Institute. * Licensed as a real estate broker in California since 1982. BRE#:839786
David Michan
As member of the Strata Equity team since 2003, David is responsible for developing and implementing the company's acquisition, financing, operations, entitlement and disposition strategy. Actively engaged in the real estate industry since 1999, David has overseen over $500 million in transaction volume. Education/Credentials: * Masters of Science in Real Estate from the University of San Diego. * Bachelor of Arts in International Economics, with a specialization in Latin America and a Minor in Accounting, from the University of California, Los Angeles. * Member of the Urban Land Institute and Burnham-Moores Commercial Real Estate Committee. * Real estate broker in California since 2006. BRE#:1749190
Alex Krongold
As a member of the Strata Equity team since 2009, Alejandro is responsible for sourcing private capital, providing boutique quality service, managing new and current investors, and maintaining constant communication with foreign and domestic investors, providing them with periodic operational and financial reports. He is also in charge of structuring all legal and tax aspects of the investor’s group. ducation/Credentials: * Masters in Finance from the Instituto Tecnológico Autónomo de México. * Degree in Business Administration from the Universidad Anahuac del Norte in Mexico City. * Over 20 years of management, sales, manufacturing, systems, and customer service.
Eric Flodine
Having joined Strata Equity in 2006, Eric currently oversees the visioning, acquisitions, land planning, entitlement processing, community outreach and government approval aspects of the company’s master planned communities and mixed use projects. Actively involved in the community planning and development industry since 1997, Eric’s hands-on experience includes over 100 projects ranging from residential to commercial, recreational, solar energy, open space land uses and transactions throughout California. Education/Credentials: * Masters of Urban and Regional Planning from Cal Poly Pomona * Bachelor of Landscape Architecture from Cal Poly San Luis Obispo * Member of the Urban Land Institute, American Planning Association and Sierra Club.