RanchHarbor, a real estate investment firm based in Newport Beach, Calif., today announced its official company launch. RanchHarbor is targeting Phoenix and other select growth markets in the western U.S. to provide joint venture equity and general partner co-invest equity for commercial and multifamily real estate investments ranging from $2 million to $15 million – a segment of the market generally too large for traditional syndicated equity and too small for institutional capital. The firm also provides asset management, receivership and capital advisory services to institutional and private investors, asset owners and operators. RanchHarbor combines the real estate experience and industry knowledge of Isles Ranch Partners with that of former principals from Landmark Real Estate.
RanchHarbor’s leadership team includes Tom Orradre, former chief executive officer of Isles Ranch Partners, in addition to Adam Deermount, Steve Sims and John Meek, formerly with Landmark Real Estate. RanchHarbor’s principals have been collectively involved in over $3 billion of real estate acquisitions, $12 billion of asset management and workout activity, and have advised on the placement of over $1.3 billion in real estate capital.
“The RanchHarbor team is specialized in navigating complex transactions, managing troubled assets and uncovering value for key stakeholders,” said Deermount, managing principal at RanchHarbor. “Given the current turbulent economic environment and our focus on small-balance commercial and multifamily real estate investments, RanchHarbor is well-equipped to help the most sophisticated investors reach their investment goals.”
RanchHarbor is uniquely structured to offer in-house accounting and reporting services that support its core business disciplines, which include:
Principal Investing: RanchHarbor originates value-add and special situation real estate investments through JVs with local operating partners in select western U.S. markets.
Asset Management: RanchHarbor asset management guides stakeholders through complicated transactions, development hurdles and financial restructurings while extracting maximum value from an asset throughout its entire investment lifecycle.
RanchHarbor Receivers: RanchHarbor principals serve as court-appointed receivers to provide a wide range of workout and value-add solutions for distressed commercial, multifamily and residential real estate assets and cross-collateralized loan pools in the western U.S.
RH Advisors: RanchHarbor’s capital advisory arm, RH Advisors, provides debt and equity capital solutions for qualified sponsors.
RanchHarbor is a rebranded progression of Isles Ranch Partners, a real estate investment and asset management firm founded by Orradre in 2012. Isles Ranch has invested over $620 million of equity capital in distressed residential land development and homebuilding projects through a strategic partnership with a global private investment firm. Total revenue generated to-date from the portfolio exceeds $1.7 billion.
“We are excited to announce the evolution of Isles Ranch Partners from a sole-sector real estate investment firm to a comprehensive platform with capabilities across multiple asset classes,” said Orradre, managing principal at RanchHarbor. “RanchHarbor employs a hands-on, ‘in the trenches’ approach to proactively uncover attractive investment opportunities and provide sophisticated real estate solutions.”
Earlier this year, RH Advisors arranged a $39.4-million senior loan for the ground-up development of Acero Glendale, a Class A garden-style multifamily community located in Glendale, Ariz. RanchHarbor recently invested in a 141-unit apartment complex in Phoenix and is currently in diligence on multiple investment opportunities exceeding $50 million of asset value with anticipated investment closings over the next 90 days.
Founded in 2020, RanchHarbor is an integrated, commercial real estate investment firm based in Newport Beach, Calif. The company combines the real estate experience and industry knowledge of Isles Ranch Partners with that of former principals from Landmark Real Estate. RanchHarbor offers joint venture equity and general partner co-invest equity, targeting commercial and multifamily real estate investments between $2 million and $15 million in select western U.S. markets. It also provides sophisticated asset management, receivership and capital advisory services to institutional and private investors, asset owners and operators.
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