About
Corporate
Chandler Pratt & Partners is a local development firm with a 35 year track record developing commercial and residential real estate in Northern & Southern California. The firm is in the business of creating added value to real estate assets. Our mission is to create the maximum value in each real estate asset transaction and/or development. Our successful track record is due to four factors that we rigorously adhere to:
- Financial Discipline
- Local Development Expertise
- Superior Market Knowledge
- Quick, Knowledgeable Decisions
Development Strategy
The firm divides its real estate projects into three main areas, which creates synergistic opportunities:
Residential: Multi-Family and Mixed-Use |
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| Rehabilitation | Apartments & Condominium Conversions |
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| New Development | Apartment & Condominium | |
| Land Entitlements | Synergistic Opportunity | |
With this unique focus and accompanying skill sets, Chandler Pratt & Partners can acquire land currently zoned for Commercial use and create value by gaining Residential zoning.
Each area possesses its own unique set of financial parameters, return ratios, and performance goals. By combining all of these into one business plan, we are able to analyze our real estate opportunities with various entry, hold, and exit strategies tailored to achieve our business plan.
Equity Partners
Chandler Pratt & Partners teams up with both large and small investor partners, in a strategic alliance, to fund and develop a series of projects. This allows quick execution, reliable delivery, and better productivity. Chandler Pratt & Partners has a select group of investors in place, funded, and ready to invest.
Chandler Pratt & Partners performs as development partner and managing member. Equity investors are capital partners.
Chandler Pratt & Partners invests in projects with its equity partners under terms similar to:
| Residential: Multi-Family and Mixed-Use |
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| Project Size: | 30-300 units$10-100 million total cost | |
| Equity Amount: | 20% | |
| Exit Strategy: | 50% of projects are held long term; balance are sold |
Project Characteristics
The following describes the general parameters of our projects:
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