Investors in the Inland West
Graceada Partners specializes in apartments and industrial parks in growing secondary and tertiary markets in the Inland West.
Graceada Partners specializes in apartments and industrial parks in growing secondary and tertiary markets in the Inland West.
Durable demand drivers
Resilient, diversified cash flows
Recession – and inflation – resistant asset types
Needs-based real estate
Supply-constrained due to construction cost
Attractive risk-adjusted returns
Resilient performance through economic cycles
Affordability and quality-of-life advantages
Stronger population, job and GDP growth than primary markets
Greater liquidity and lower volatility
Fragmented ownership and less institutional competition
Large, undercapitalized market opportunity
Vertically integrated execution across the full investment lifecycle
Proprietary, disciplined, off-market deal sourcing
Conservative underwriting and risk management
Active asset management driving NOI growth
Process and data-driven operational execution
Institutional expertise applied to inefficient markets
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Market Experts
Our team is focused on apartment and industrial investing in inefficient secondary and tertiary markets in the Western United States. We know the trends and opportunities in real time.
Seamless Execution
We believe in controlling outcomes and complete strategy alignment. Graceada Partners’ vertically integrated team works in cohesion to source, capitalize, manage, renovate, lease and sell the properties we acquire.
Off-Market Network
Most of the investments we pursue are off-market. As secondary market specialist, we find opportunities before they become public and are often the first call from brokers and sellers.
Active De-Risking of Investments
We focus on downside risk mitigation through low cost basis acquisition and conservative debt, while working hands-on to add value quickly. This ensures we attain the best risk-adjusted returns.
Experienced Investors
Our team members have managed over $10 billion in real estate assets across all asset types, and through the last three decades of market cycles.
Human-Centered Investing
Our core belief is that leaving every property better than when we acquired it leads to better returns for investors and better quality-of-life for tenants and the communities in which we operate.
Take a deeper look into some of our recent investments. See how the strategy is executed and see the bottom line we’re achieving for our investors.
Westlake Apartments
Westlake Apartments is a 148-unit, 139,996-square-foot, garden apartment community featuring 1,000 feet of lakeside frontage and 155 on-site parking spaces. It is well located in a highly desirable neighborhood near Downtown Sacramento with easy access to Interstate 5.
The company co-founders, Joe and Ryan, have navigated decades of business and friendship together. This durable and lasting relationship creates a culture of resilience, flexible thinking, and durability that has helped Graceada Partners navigate through market cycle volatility with stability and resolve.
Their partnership helps Graceada Partners foster an environment of:
Mutual Respect
Innovation and Flexible Thinking
Competition
Trust
Resilience and Stability
Our team’s experience and diverse backgrounds combined with core values that are truly embedded in the company culture result in a laser-focused approach to investing and creating value.
We are driven by our core values:
Positive, Caring, and Humble
Owns the Mission
Does the Right Thing
Excellence in Execution
Wants to Win
Graceada Partners offers market insights to help you stay informed in the evolving commercial real estate market.
Stay on top of current market trends and investing insights.
Before he spent four decades in institutional real estate, Mitch Pleis was a tight end catching passes from a rookie Joe Montana. In this episode of Durable Value, Ryan sits down with Mitch Pleis, the retired co-head of real estate at CalSTRS and the only person to hold the director of real estate seat there twice. Mitch traces the full arc: recruited by Bill Walsh to Stanford, a brief run with the 49ers, then industrial development, mortgage banking through the savings and loan years, and finally a seat inside one of the largest pension funds in the country.
He walks through what the CalSTRS real estate portfolio looked like when the fund first crossed $100 billion with only 3% allocated to real estate, how that role has swung between safe cash flow and return enhancer across three decades, and why he thinks underwriting is about to matter more than it has in years.
Much of the conversation lands on relationships. Mitch explains what keeps a partnership alive for 20 years, why owning a mistake counts for more than never making one, and how he actually took the measure of a manager, dinners and baseball games included.
Over the last 15 years, 1.6 million people have left Coastal California for the Inland West without ever leaving the state. In this episode of Durable Value, Joe and Ryan break down the paradox at the center of the Inland West: two economies sitting right next to each other, dependent on each other, and moving in opposite directions. They walk through the migration data, the affordability math driving it, and the structural forces keeping coastal costs climbing while the Inland West stays within reach. They also lay out the thesis the firm was built on: there are roughly 80 Modestos across the Inland West. Mid-sized markets nestled between larger economies, strong on quality of life and cost, and largely unnoticed by institutional capital. If you're trying to understand where population, jobs, and industry are actually headed over the next few decades, start here.
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Find out why commercial real estate investing is a great way to bolster your portfolio.