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"Molasky Pacific has an opportunistic corporate culture, enabling
us to move quickly to take advantage of fast-moving market conditions." |
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Molasky Pacific is one of
the premier private real estate developers in the United States. Since
1985, Molasky Pacific and its principals have developed and acquired
more than 20,000 multifamily units, 2.8 million square feet of retail
space and 2,000 acres of raw land. Currently, Molasky Pacific is focusing
on adaptive reuse projects redeveloping former retail, hotel and industrial
sites for needed housing components. The company has developed 1,500
units a year since 2000, with another 2,500 units to be developed
in 2004. The firm concentrates on luxury garden apartments and urban
infill projects and has netted returns of up to 20-30 percent for
its institutional investors over the past several projects. Headquartered
in Las Vegas with additional offices in Los Angeles and Dallas, the
firm's projects are located throughout California, Colorado, Arizona,
Texas, and Nevada.
Their success is based on a few fundamental operating principles, including:
- Executing a well-focused business plan
- Retaining dedicated, motivated and talented people
- Implementing a research-driven development program
- Creating product designs that combine quality living environments,
sub-market integration and economic success
Molasky Pacific is privately owned by Steven D. Molasky. His company
and affiliates have created and own a wide range of real estate assets
including millions of square feet of office, industrial, retail and
multi-family projects.
The core senior management team combines a broad range of experience and talents as well as the entrepreneurial spirit which leads to creativity and innovative problem solving. |
