+ All Categories
Home > Documents > Creating Value. Building Quality. · 2014-03-18 · Creating Value. Building Quality. Land...

Creating Value. Building Quality. · 2014-03-18 · Creating Value. Building Quality. Land...

Date post: 07-Jul-2020
Category:
Upload: others
View: 0 times
Download: 0 times
Share this document with a friend
15
Creating Value. Building Quality. Land Developers Associates, Corp. 16027 Ventura Boulevard, Suite #604 Encino, CA 91436 818.849.3282 Phone 818.784.8745 Fax
Transcript
Page 1: Creating Value. Building Quality. · 2014-03-18 · Creating Value. Building Quality. Land Developers Associates, Corp. 16027 Ventura Boulevard, Suite #604 Encino, CA 91436 818.849.3282

Creating Value. Building Quality.

Land Developers Associates, Corp.

16027 Ventura Boulevard, Suite #604

Encino, CA 91436

818.849.3282 Phone

818.784.8745 Fax

Page 2: Creating Value. Building Quality. · 2014-03-18 · Creating Value. Building Quality. Land Developers Associates, Corp. 16027 Ventura Boulevard, Suite #604 Encino, CA 91436 818.849.3282

ABOUT THE COMPANY

Land Developers Associates (LDA) is a privately held company

specializing in the real estate acquisition, development and

investment opportunities, not only in, Southern California, but

throughout a number of different states nationwide. With

collective experience in the real estate sector dating back to

the late 70’s, LDA has knowledge and expertise of the real

estate industry for over thirty years. LDA utilizes capital and

land equity from its own portfolio, as well as those of venture

partners to optimize project and financial performance.

LDA is managed by a solid team of skilled executives with

industry expertise, operational talents and most importantly,

records of success. In order to generate the highest possible

yields, LDA carefully and methodically evaluates all land

acquisition and financial returns in a timely manner. The goal is

to focus on high yielding projects as opposed to mass

production developments. From entitlement to development,

to acquisition of finished lots, LDA’s team of seasoned

professionals provides disciplined management of land

acquisition, commercial and residential construction. LDA has

established a secure foundation in Southern California that

shows strong development activity for optimum return and

long-term growth.

Page 3: Creating Value. Building Quality. · 2014-03-18 · Creating Value. Building Quality. Land Developers Associates, Corp. 16027 Ventura Boulevard, Suite #604 Encino, CA 91436 818.849.3282

OUR MISSION

LDA is a privately held development company that

synergistically blends residential development and investment

opportunities with integrated management skills and

entrepreneurial spirit. LDA prides itself with the ability to

negotiate deals that are acquired at a substantial discount.

Furthermore, LDA is currently strategizing to acquire property

with public agencies as partners, further reducing initial cash

outlay. In lieu of contracting our operations, LDA is actively

pursuing opportunities that will yield the highest return and

allow for expansion in this uncertain environment. The deals

that are made today were not possible in the past and that is

why LDA is poised for success! In addition to development

deals, LDA has a portfolio of over 100 rental properties that are

cash flowing. In LDA's current portfolio and land deals under

control, they will be increasing the number of rentals with

primarily senior apartments by 300-400 units.

LDA's mission is to develop projects of value and quality in

Southern California primarily, but will consider other

opportunities throughout the nation that will yield the highest

possible return.

"Our goal at LDA is to expand the existing operation by growing

strategic alliances with investors and landowners for the

development of residential real estate in established markets

with strong demand to maximize return on investment and

equity growth."

-Daniel Singh, President of LDA

Page 4: Creating Value. Building Quality. · 2014-03-18 · Creating Value. Building Quality. Land Developers Associates, Corp. 16027 Ventura Boulevard, Suite #604 Encino, CA 91436 818.849.3282

MANAGEMENT TEAM

Daniel Singh, President A seasoned second-generation homebuilder with an extensive

background in entitlement and development; who as a principal has

acquired, developed and sold in excess of $300 million of real estate. He

has entitled, approximately 25 development projects, resulting in excess of

1,500 units of residential and mixed use projects, in mostly in-fill

communities of Los Angeles. Daniel Singh manages all major operations of

LDA including forward planning, product design, land acquisition,

marketing, sales and construction. Singh’s vision for the company is to

continue to yield the highest return for investors through its residential real

estate assets by measuring, developing and contributing to the

company’s financial performance.

Daniel Singh is a graduate from the University of Buckingham in

Buckingham, England, holding a degree in Economics.

Jag Dylan Pathirana, Chief Financial Officer Holding over twenty years of experience in financial, auditing and city

management fields, Pathirana brings a multitude of knowledge and

experience to LDA as its Chief Financial Officer. Pathirana has worked in

municipal government for over fifteen years, most recently as the City

Manager and Director of Administrative Services for the City of

Hawthorne. As the City Manager of the City of Hawthorne, Pathirana was

responsible for the day-to-day operations of a medium-size city with 10

departments, over four hundred staff members and annual budgets in

excess of $200 million. Pathirana’s municipal experience includes dealing

with complex redevelopment issues; issuing municipal debt and re-

financings; economic development and tax initiatives.

Prior to his time in local government, Pathirana worked in the private

sector in the fields of taxation, auditing and accounting both in the United

States and in England.

A graduate from the University of Buckingham, England, Pathirana holds a

BS in Accounting and Financial Management and is a Certified Public

Accountant and a Chartered Accountant (England).

Page 5: Creating Value. Building Quality. · 2014-03-18 · Creating Value. Building Quality. Land Developers Associates, Corp. 16027 Ventura Boulevard, Suite #604 Encino, CA 91436 818.849.3282

Rodney Singh, Project Manager Rodney Singh, Project Manager at LDA, holds more than thirteen years of

experience in the Real Estate Development Industry. With his most recent

position held as the VP of Land Acquisition and Forward Planning for the

Los Angeles/Kern County Division for D.R. Horton, Singh was responsible for

the management of the Forward Planning Team and for the company’s

acquisitions and dispositions. With projects in Los Angeles, Kern and

Ventura counties, some of Singh’s daily operations also consisted of

overseeing all active projects, management of vendors, and

management of project budgets from $25 million to $250 million. Singh

was also responsible for managing the Village at The Park master planned

community in Camarillo and overseeing 100% of the development on this

project. As VP of Land Acquisition, Singh sold a combination of 100 Single

Family standing inventory homes, entitled properties and finished lot

communities on behalf of D.R. Horton in 2008 and was successful in

finalizing this transaction with the goal of removing these assets from the

books prior to D.R. Horton’s fiscal year end – a total combined value of

$30 million.

Prior to his tenure at D.R. Horton, Singh worked for the Riley/Pearlman

Company on the Valencia Marketplace project as the project

accountant. Working in conjunction with Newhall Land, Singh managed

the $100 million development from a cost analysis perspective and

managed the entire project budget for the Valencia Marketplace.

Singh is a graduate of Cal State University Los Angeles.

Phil Reyes, Public Affairs Phil has more than 30 years of professional and public affairs experience.

He also maintains an outstanding and exemplary record of public &

community service. He was first elected to the Duarte Board of Education

in 1989 where he served four years and once as President. Phil was

elected to the Duarte City Council in 1993. He has served as Mayor for

three terms. During his tenure on the city council, Phil has been a strong

proponent of youth services and an advocate for the underserved. Over

the years, his work and reputation as a leader has produced a strong

network of relationships throughout Los Angeles County and beyond. He

has advised on many boards throughout the region. He currently is a

board member of the League of California Cities Latino Caucus. In 2009

Phil launched a public affairs and community development company

specializing in economic development and public affairs.

Page 6: Creating Value. Building Quality. · 2014-03-18 · Creating Value. Building Quality. Land Developers Associates, Corp. 16027 Ventura Boulevard, Suite #604 Encino, CA 91436 818.849.3282

PAST PROJECTS

Gables of San Dimas, 40 houses CA

Rancho Esperanza, 19 Custom Lots development CA

Vista Verde Ranch, 100 Entitled Single-Family Lots CA

Hesperia 120, Entitled and developed 120 Single-family lots CA

Lakeview Terrace, 47 detached condominiums, Sun Valley, CA

Ascott Down Estates, 34 single-family residential lots, Sunland, CA

Picard Place Homes, 32 detached condominiums, North Hills, CA

Victorville 40, Entitled Single-Family Lots, CA

Highwater Heights, 20 single-family homes, Granada Hills, CA

Sheldon-54, install infrastructure for 54 townhomes Sun Valley, CA

De celis -38, Entitled and developed 38 lot project Van Nuys, CA

50 detached condominiums, West Covina

Sesnon Ridge LLC Entitled 45 equestrian lots Granada Hills, CA

38 lots, San Dimas, CA

11 unit Condominium, Glendale, CA

40 detached town homes, San Dimas, CA

Sienca Point, 9 lots, Thousand Oaks, CA

Page 7: Creating Value. Building Quality. · 2014-03-18 · Creating Value. Building Quality. Land Developers Associates, Corp. 16027 Ventura Boulevard, Suite #604 Encino, CA 91436 818.849.3282

CURRENT PORTFOLIO

Hotels (Presently Under Operation)

Best Western Airport Inn

Fort Myers, Florida

The hotel consists of 108 rooms, meeting rooms and other

enchanting amenities. This facility has been in operation for

more than 10 years. Centrally located in Fort Myers, Florida, the

hotel is situated right off of Interstate 75 and close to Southwest

Florida International Airport. The Best Western Airport Inn is the

ideal place to stay for a relaxing Florida beach getaway.

Page 8: Creating Value. Building Quality. · 2014-03-18 · Creating Value. Building Quality. Land Developers Associates, Corp. 16027 Ventura Boulevard, Suite #604 Encino, CA 91436 818.849.3282

Best Western Plus Northwest Inn and Suites

Houston, Texas

The hotel consists of 88 rooms of which 30 are suites, meeting

and banquet rooms, full breakfast, 25 non-smoking rooms and

other appealing amenities. This facility has been operational

for more than 4 years. This hotel is located in the northwest

corridor of Houston, Texas. Aside from the great amenities,

major corporations such as, Exxon/Mobile Corporation, Siemens

Building Technologies and David Weekly Homes are all within

close proximity to the hotel.

Four Points by Sheraton Fort Myers

Fort Myers, Florida

Page 9: Creating Value. Building Quality. · 2014-03-18 · Creating Value. Building Quality. Land Developers Associates, Corp. 16027 Ventura Boulevard, Suite #604 Encino, CA 91436 818.849.3282

LDA acquired the hotel in 2012 and after completing a

comprehensive property improvement plan (PIP) the hotel was

converted to a Four Points by Sheraton and opened under that

banner in October 2013.

This is the first hotel on Interstate I95 as travelers exit the

Southwest Florida International Airport complex. The hotel was

built in 2009 and has 110 guest rooms, of which 13 are suites.

The hotel also has 2 banquet rooms and a full service bar and

restaurant.

Hotels & Resorts (Future Projects)

Playa Blanca

South Shore, Puerto Vallarta, Mexico

This beachfront property consists of 300 acres. LDA is currently

entitling the property for a 180 room resort and 200

condominiums. This entitlement will be approved in 2014.

Page 10: Creating Value. Building Quality. · 2014-03-18 · Creating Value. Building Quality. Land Developers Associates, Corp. 16027 Ventura Boulevard, Suite #604 Encino, CA 91436 818.849.3282

Hampton Inn and Suites

Simi Valley, California

This property consists of 1.7 acres adjacent to the 118 freeway

in Simi Valley. Conveniently located adjacent to the 118

freeway, the project has great visibility in a prime location. LDA

has received a letter of intent form Hilton Worldwide to

construct either a Hampton Inn or a Hampton Inn and Suites at

this site. We have commenced with the entitlement process

and anticipate approval by May 2014.

Hampton Inn

Pomona, California

Page 11: Creating Value. Building Quality. · 2014-03-18 · Creating Value. Building Quality. Land Developers Associates, Corp. 16027 Ventura Boulevard, Suite #604 Encino, CA 91436 818.849.3282

This property consists of 2.09 acres adjacent to the 10 Freeway

in the City of Pomona. The Hilton Worldwide Group has

approved this site for a Hampton Inn and we anticipate a 6-

storey, 106-room hotel. The entitlement process has

commenced and anticipates completion by June 2014.

Courtyard by Marriott

Calabasas, California

This site consists of approximately 29 acres adjacent to the 101

Freeway in the City of Calabasas. The hotel will be developed

on a 3-acre site with the balance of the site preserved for

natural habitat. Marriott has approved this site for a Courtyard

Hotel and we anticipate a 3-storey, 145-room hotel with

subterranean parking and a full service restaurant. The

entitlement process will commence shortly and anticipates

completion by early-2015.

Page 12: Creating Value. Building Quality. · 2014-03-18 · Creating Value. Building Quality. Land Developers Associates, Corp. 16027 Ventura Boulevard, Suite #604 Encino, CA 91436 818.849.3282

Other Locations

LDA is currently pursuing hotel development opportunities in

other the cities, including Chula Vista, Downey and Santa Ana.

LDA is presently in escrow on a 4-acre vacant lot located on

the bay front in San Diego County. This site can accommodate

two hotels; both the Hilton Worldwide Group and Marriott have

expressed interest in providing a Hilton Garden Inn and

Courtyard by Marriott hotels at this site.

Condominiums (Presently Under Operation)

Terraza Del Mar Puerto Vallarta, Mexico

Terraza Del Mar is located just minutes south of Old Town

Vallarta in the desirable neighborhood of Amapas. Comprised

of 20 two and three bedroom residences including six

spectacular penthouses, each unit has spacious terraces with

breathtaking views of the Bay of Banderas. Inside you will find

contemporary interiors that are warm and elegant appointed

with granite and marble countertops, marble tile floors

throughout, modern kitchens and full length sliding glass doors

for true indoor outdoor “Vallarta style” living. Additional

features include state of the art mini split air conditioning

system, spacious laundry and storage area, tall ceilings (almost

9 feet) and a private terrace and double sinks in each master

Page 13: Creating Value. Building Quality. · 2014-03-18 · Creating Value. Building Quality. Land Developers Associates, Corp. 16027 Ventura Boulevard, Suite #604 Encino, CA 91436 818.849.3282

bedroom suite. Amenities of the complex include 24-hour

security, infinity edge pool, gym, sundeck, dramatic entrance

lobby, private parking for each unit, landscaped tropical

gardens, and a funicular style elevator.

Single-Family and Multi-Family Projects (Future Projects)

Astoria Estates

Agoura Hills, California

The 106 acre site is located just south of the City of Agoura Hills

with easy access to Kanan Road. It is perfectly situated to

allow quick access to the City and community offered by

Agoura Hills with just a few miles drive to the State Beaches of

Malibu. This site is gorgeous with existing flat terrain surrounded

by large ridges and 360 degree views. The site has an

approved subdivision; however the property is in the process of

being repositioned for a 115 unit senior apartment.

Sesnon Ridge

Granada Hill, California

LDA is currently processing the tract map on a 128 acre

property for the creation of 30 single family residence and a

100 unit senior apartment. The site is located north of the 118

freeway in the Granada Hills area. The entitlement jurisdiction is

the City of Los Angeles. The topography has flat areas with the

majority of it considered hillside. The site would include the

creation and dedication of open space to the Santa Monica

Mountain Conservancy.

Copperhill Estates

Santa Clarita (County of Los Angeles), California

This project is a single-family residential project located within

foothills of the Santa Clarita Valley. The project is designed to

provide for 101 lots spanning over 79 acres; 95-single family lots,

with average square footage of over 15,000 square feet each

are created along with approximately 30 acres of open space

Page 14: Creating Value. Building Quality. · 2014-03-18 · Creating Value. Building Quality. Land Developers Associates, Corp. 16027 Ventura Boulevard, Suite #604 Encino, CA 91436 818.849.3282

and parkland. An extensive nature trail easement will also be

provided. The site will provide easy access to a nearby

elementary school.

Property Management

Joshua Crossing

Palmdale, California

LDA currently manages over 50 single-family homes within this Palmdale,

CA community as part of a community preservation program it started to

acquire and manage newly built homes.

Terraza Villa

Sylmar, California

Page 15: Creating Value. Building Quality. · 2014-03-18 · Creating Value. Building Quality. Land Developers Associates, Corp. 16027 Ventura Boulevard, Suite #604 Encino, CA 91436 818.849.3282

LDA currently manages over 20 single-family homes within this Palmdale,

CA community as part of a community preservation program it started to

acquire and manage newly built homes.

Winchester Palmdale, California

LDA currently manages over 20 single-family homes within this Palmdale,

CA community as part of a community preservation program it started to

acquire and manage newly built homes.


Recommended