Experience

DivcoWest, founded in 1993, is a privately owned real estate investment firm with offices in San Francisco and Boston. The company has acquired more than 22 million square feet of commercial space throughout the United States. DivcoWest and its affiliates are currently managing over $2 billion of equity.  Presently under management are both commercial and residential assets, including the underlying debt.

Full Service Firm

DivcoWest is a vertically integrated firm, offering a comprehensive range of services, including: Asset, Property and Construction Management, Leasing and Accounting. We effectively utilize our extensive knowledge base to continually refine our processes and methodologies, in order to identify the best means by which to gain a competitive advantage.

Integrity and Performance

DivcoWest has earned the trust of a broad spectrum of leading global government and corporate investors, including pension funds, sovereign wealth funds, endowments, and high net worth families. Since inception, our portfolio has generated a 35% realized internal rate of return.

  

The DivcoWest Advantage

DivcoWest is committed to a standard of excellence in all aspects of our business. The company culture is a unique combination of Family Business Values and Institutional Processes and Controls. Our senior principals have each successfully transitioned from 3rd generation real estate organizations to the establishment of their own respective companies.

Family Business Values

  • Entrepreneurial Spirit
  • Results-Oriented Focus
  • Expedient Decision-Making
  • Intent to Preserve Investor Capital
  • Pride of Ownership
  • Integrity & Transparency

Institutional Processes and Controls

  • Rigorously developed strategies
  • Best Practices across all business functions
  • State of the art technology infrastructure and analytics; Customized software suites
  • Comprehensive and practically applied market research
  • Back office functions provided to 3rd parties

Sourcing and Underwriting

  • Leverage existing relationships
  • Combine opportunistic acquisition philosophies with entrepreneurial value enhancement programs
  • Conduct comprehensive local market research
  • Complete conservative underwritings, with a focus on downside protection and sensitivity analyses
  • Determine the appropriate asset-specific capital structure
  • Develop innovative, yet practical business plans
  • Perform rigorous due diligence by both the Acquisition and Asset Management teams

Execution

  • Precise hand-off from transaction team to management team
  • Exhaustive risk management
  • Focused leasing effort and tenant retention
  • Aggressive hands-on leasing and management practices
  • Continuous financial analysis
  • Strict exit discipline, capitalizing on both fundamental real estate and capital market opportunities