WaveCrest Capital Management, LLC is a San Francisco Bay Area based private real estate investment firm, originated in 2009, that acquires, renovates, re-positions and operates market-rate, middle market multi-family and mixed-use properties for its sponsored partnerships and its own account. The firm’s Value-add investment strategies focus on Northern California and Central Coast markets where it can capitalize on its extensive local market knowledge and industry relationships to source its acquisitions.
Our Mission is to create a top flight commercial real estate investment management platform guided by our entrepreneurial creativity, institutional discipline, professional integrity and trust. We seek to provide superior and sustainable risk-adjusted returns from our investments supported by our company’s interests, goals and expectations that are fully aligned with those of our investors.
Rich Jones, who formed WaveCrest in 2009, has extensive experience in all facets of commercial real estate investment management including acquisitions and dispositions, capital markets, development and re-positioning of properties and asset management of the four major asset classes with specific emphasis on multi-family properties. His demonstrated success and expertise from over 30 years in the industry has resulted in closing transactions valued at more than $2.0 billion (>18 million square feet) of properties the Western US.