Founded by brothers Michael and Tom Pashaie in 1977, GWP Real Estate has grown to hold over 850 million dollars of seasoned assets. Our diverse portfolio consists of retail, office, medical, industrial, marina/waterfront and multi-family real estate.
Our acquisition strategy involves purchasing properties in prime locations that hold untapped potential and adding value at every possible opportunity. We have developed over fifteen properties from the ground up and have successfully repositioned over forty projects. Each project is unique to us and we tailor our approach to each project according to a keen understanding of the specific communities and markets the project will cater to. Within the past couple of years, GWP has grown significantly, purchasing over 250 million dollars in assets, including a 650,000 square foot Home Depot Rapid Deployment Center. Despite our growth, we remain hands-on owners, who take pride in our responsiveness, accessibility, and ability to maneuver in changing markets. Our model has proven highly successful: our completed projects are over 95% occupied with exceptional cash returns. However, we still seek to beautify, modernize, and improve the environmental and safety standards of our buildings, long after completion. We are “pride of ownership” owners, not corporate bottom liners.
As we continue to grow, we are focused on acquiring Class A properties in prime real estate markets. Our current projects include mixed-use commercial and residential projects in Marina Del Rey and Downtown Los Angeles, and a complete upgrade of several institutional quality medical buildings in Beverly Hills and Santa Monica. Our highly experienced team understands what it takes to develop sustainable properties that add value to the community, today and in the future.
To learn more about GWP Real Estate, please Contact Us.