Our private equity and venture partnership approach has served us well over decades of investing in a multitude of real estate asset classes. We believe it distinguishes us as a partner of choice for top-tier management teams looking to transform, grow or improve their real businesses.
Our venture partnership approach in Greater China region has positioned us to create entities specialized in private equity investment, real estate development, venture capital and asset management.
The Bascom Group is a U.S. operating partner specializing in value-add multifamily investment and management
Based in Irvine, California, the Company is involved principally in the acquisition of multifamily properties that can increase in value via repositioning, remodeling and improved management. Founded by Derek Chen, Jerome Fink and David Kim, Bascom has purchased over 300 multifamily properties and 87,200+ units. The Bascom Group was ranked among the top 50 multifamily owners in the U.S.
Premier Workspaces is among the largest privately owned executive suite, coworking and shared workspace companies in the United States.
Based in Irvine, California, the company is involved principally in the acquisition, development and management of executive suites, coworking and shared workspace office spaces. Under the leadership of Jeff Reinstein, Premier Workspaces has grown to become one of the nation’s largest private operators in the coworking industry, with 91 locations across 12 states and the District of Columbia.
SteelWave is a full-service commercial, industrial, and mixed-use real estate investment, operating and management company.
Based in San Francisco, California, the company and its predecessor companies, Legacy Partners Commercial and Lincoln Property West, have been active in commercial real estate for 48 years. Since inception, SteelWave has acquired, developed or managed 60.1M SF of industrial products and 38M SF of office product across its Western United States target markets at a cost of over $11.1 billion.
Newport Pacific Land Company designs and develops master-planned communities, residential subdivisions and commercial projects.
Based in Newport Beach, California, the company evaluates properties through the lens of tomorrow, to deliver the highest and best use for each property while offering future residents, current neighbors and its partners optimal results. The team is comprised of individuals who have built their careers on the passion to create community. Collectively, the extensive hands-on management experience and combined knowledge ranges from land acquisition, design and planning expertise to entitlement and operations, finance, land development and home building.
Harbor Associates specializes in acquiring, renovating, and repositioning commercial properties throughout Southern California. Harbor Associates sources investment opportunities primarily through both on and off market avenues, invests significant capital to create modern spaces, and increases operating income by applying institutional best practices in development and asset management.
REALM is a progressive Newport Beach-based real estate investment and development company with diverse expertise in residential and commercial projects spanning in suburban new growth markets. The company’s principal backgrounds are anchored by strong experience in corporate development and institutional finance, allowing REALM to successfully execute a multitude of acquisitions.
Real Estate Development Associates (REDA) is a diversified investment company which acquires and develops industrial and office properties in Southern California. Its strategy is designed to “CREATE VALUE THROUGH TRANSFORMATION” by focusing on targeted market opportunities where the team can create the highest possible risk adjusted returns.
Shubin Nadal Realty Investors (SNRI) is a Southern California-based investment, development and asset management company which acquires, repositions and develops commercial real estate along the U.S. West Coast. SNRI is highly focused on infill investment which require innovative real estate solutions and considerable hands on expertise to create strong returns with low risk for its investment partners and clients.
The Magellan Group
The Magellan Group, Inc. has grown into a leading Southern California real estate investment and development company with in-house acquisition, finance, leasing, and property management expertise. Since its inception, Magellan has acquired and developed over 3.5 million SF of industrial, self-storage, and aviation properties. By successfully leveraging its experience, Magellan has consistently delivered outstanding projects to local communities and excellent return to its investors.
Village Partners is a full service real estate development and management company focused on the development of distinctive infill mixed-use project, including multifamily residential, retail, and contemporary office. Village Partners’ goal is to offer innovative forms of housing in mature urban areas and high traffic suburban areas, complemented by dynamic shopping and dining experiences.
Bascom Arizona Ventures is a multifamily real estate investment company based in Scottsdale, Arizona. Bascom Arizona’s Managing Directors have combined experience in excess of 58 years in Arizona targets premier growth market locations and distressed assets, where properties benefit from value-added renovations.
Bascom Northwest Ventures is a multifamily real estate investment company based in San Francisco, California. Bascom Northwest Ventures executes its business plan in supply constrained, urban infill markets with values between $10 million and $150 million. The company’s target markets are Northern California, Washington, Oregon and Utah.
Spirit Investment Partners
Spirit utilizes its experience, integrity and creativity to achieve superior financial return for its partners and clients. Founded in 2009, Spirit has since grown into a vertically integrated real estate operating company headquartered in New York City with regional offices in Irvine, California.
China Prosper is an investment and transaction advisor, and private equity investment manager, focused on Chinese companies and entrepreneurs in greater China and the US. China Prosper is based in Beijing, Shanghai and Taipei.
China Prosper Investment and Management Co. (“CPIM”), the main operating entity under China Prosper, is one of the first NDRC-licensed national investment and fund management companies in China. Chenco Group is a major shareholder of China Prosper, which together with CITIC Group and China Post Group, are the co-founders of CPIM. Since its inception, CPIM has developed to become a leading company in China to provide capital solutions through connecting companies with opportunities and resources. Since 2013, CPIM’s accumulated capital investments has exceeded RMB$30 billion. The company has created long-term partnership with top financial institutions such as Bank of China, China Post Group, CITIC Trust and AVIC Capital. Chenco Group leads China Prosper's real estate investment business and formed a joint venture, CPC Asset Management Co., in 2011 to focus and capture real estate investment and management opportunities in China.
WaterMoon Development is a luxury single-family housing developer based in Taipei
WaterMoon is the developer of several parcels of single-family real estate acquired from non-performing loan portfolios. All parcels are located in a high-end master planned community in suburban Taipei.
Saga Unitek Ventures is a professional venture capital and private equity fund management company based in Taipei
Saga Unitek specializes in investing in middle-market, growth-oriented companies in China, Taiwan and the U.S. The company currently manages over 60 portfolio companies. The majority of fund investors are major industrial corporations, insurance companies and financial institutions in Taiwan.
CITIC Group Corporation Ltd. (CITIC) is a state-owned investment company of China established in 1979 with headquarters in Beijing. In 2019, CITIC Group was ranked No. 137 at FORTUNE Global 500 with total assets exceeding US$986 billion. In 2008, CITIC Group, China Post and Chenco jointly become founders and strategic partners of China Prosper. From 2011 till now, CITIC Group has created and raised four feeder funds in Beijing, Shanghai and Hong Kong to invest into four PRP Funds under Chenco.
China Post is the state-owned enterprise operating the official postal service of China. In 2019, China Post Group was ranked No. 101 at FORTUNE Global 500 with total assets of US$1,407 billion and over 860,000 employees. China Post is also the second largest postal service group in the world. In 2008, China Post, CITIC Group and Chenco jointly become founders and strategic partners of China Prosper.
Bank of China
Bank of China is one of the “Big Four” state-owned commercial banks in China. It was founded in 1912, the second oldest bank in China still in existence. In 2019, Bank of China was ranked No. 44 at FORTUNE Global 500 with total assets exceeding US$3,097 billion. In 2012, Bank of China and China Prosper jointly created BOC-CP Investment Management to structure and invest in China offshore and cross border targets. Since 2018, Chenco has been invited by Bank of China to advise and participate in the formulation of business strategy to build up rental apartment inventory in China.
Chicony Electronics Co., Ltd., founded in 1983, is a Taiwan-based public listed company principally engaged in the research and development, manufacturing and sales of electronic components and consumer electronics products. In 2018, its total assets exceed US$2.2 billion with EPS of NT$5.22. In 2019, Chicony Electronics invested in PRP Fund and becomes a significant capital partner of Chenco.