CALCAP Principals have a wealth of experience owning and developing properties in California, Arizona, Texas and New England. Below is a sampling of some recent projects.

Palm Springs, California:  Four apartment and mixed-use properties purchased from lenders (WAMU) and other motivated sellers at REO sales prices.  Properties were upgraded, re-tenanted, and operated as rentals until asset disposition.  Annual ROI to investors was between 38%-74%.


Phoenix, Arizona:  A 73,300 square foot Class “A” industrial property was purchased from a national publicly traded REIT.  The property was approximately 50% vacant at the close of escrow.  Actions taken included construction of tenant improvements, marketing and leasing suites to reach 100% stabilized occupancy.


Dallas, Texas:  A 67,245 square foot Class “B” industrial property was purchased from a regional developer/investor.  The property was 100% occupied at the close of escrow, but with substantially below-market rents.  Actions taken to increase value included minor improvements to the property.  Lease rates were increased by as much as 25% upon turnover/renewal.   Property is currently 100% occupied.

Riverside, California: Aprial Healthcare (NYSE: AHG) occupies this 40,000 square foot industrial building located within the Commerce Square Business Park. With freeway access to I-215, 91, and 60, Apria services much of the Inland Empire from this facility.

El Cajon, California: Rubio's Fresh Mexican Grill is the tenant for this 3,000 square foot restaurant building. The building is on a signalized intersection just south of Interstate 8 and has a drive thru.