USAA Real Estate Company was founded in 1982 as the real estate investment arm of USAA. With approximately $15 billion in assets under management, the company provides co-investment asset management services to U.S. pension funds, as well as to foreign and domestic institutional investors. USAA Real Estate Company also provides capital to partners for development. The portfolio consists of office, medical office, industrial, multi-family, retail and hotel properties as well as investments in real estate operating companies. Investment Criteria USAA Real Estate Company is currently considering the acquisition of individual properties, or portfolios, in the range of $5 - $250 million per acquisition or larger portfolios. USAA Real Estate Investment Criteria and Requirements Document. Submit offering packages to: Electronically: realestateacq@usrealco.com
Multifamily |
Office |
Industrial |
Hotels |
Pref/Mezz equity |
JV partnership |
Acquisition/Fee Simple |
Debt |
Multi-property portfolios |
Core+ |
Value-add |
Opportunistic |
Development |
$10,000,000 - $50,000,000 |
As Chief Financial Officer for USAA Real Estate Company, Jim is responsible for various financial elements of the company’s business, including financial structuring, the management of debt strategies, liquidity management, and helping to ensure that the Company’s investments are performing at optimal levels.
Len O’Donnell is President and CEO of USAA Real Estate Company, the real estate investment arm of parent company, USAA, an insurance and financial services association with 10 million members worldwide. Len oversees all operations of the company and a real estate portfolio approximately $12 billion and includes office, industrial, retail and hospitality projects throughout the country.
As Chief Administrative Officer for USAA Real Estate Company, Pat is responsible for the Accounting and Reporting functions for USAA Real Estate Company’s operations and also oversees the Treasury, Information Technology and Administration. Pat is also responsible for coordinating all banking and financing relationships.
As Chief Legal Officer, Steve Waters manages the company’s legal staff, which is responsible for all legal and compliance-related matters for the company, its 9 subsidiaries, and 50+ affiliated entities. RealCo’s legal staff handles the negotiation and documentation of acquisition and disposition transactions, development and financing transactions, co-investment structuring, and property management and leasing for all of the company’s portfolios, and provides legal advice to management in the home office, seven regional offices and one European office.