FT Position - Belmont CA - Pacific Valley Investor - Fund Partner
----- Forwarded by Asha Weinstein/SJSU on 06/10/2005 03:40 PM -----
Fund Partner, Pacific Valley Investor – Belmont
Pacific Valley Investor, Inc. is seeking to launch a series of investment funds to acquire land in several high demand areas of Northern California. PVI is looking for an entrepreneurial person to be a Fund Partner and to take a major role in the fund launch and the implementation of the funds goal. Compensation will include base salary and normal associated benefits, housing assistance, and an ownership position within the investment funds. Successful implementation of the Funds investment plan should lead to accumulation of substantial wealth for the Fund Partner. The Funds goal will be to invest $40 - $60,000,000 cash over the next 5 years.
The Funds will each acquire a significant number of land parcels to be held for value appreciation. A portion of the acquisitions will be large parcels which will be subdivided to add value. The first Fund will acquire properties in Calaveras and Tuolumne counties in the Sierra Foothills. Subsequent Funds will acquire properties in other Sierra foothills counties and in various northern California coastal areas.
The Fund Partner will have the following primary responsibilities:
a. To locate, negotiate, and acquire land parcels with above average likelihood of appreciation due to preferred locations, potential for value addition via subdivision, ability to acquire from financially challenged sellers, etc.
b. To become extremely knowledgeable of all local conditions and politics that impact land values, uses, and availability in the target areas. In that regard, we will expect the Fund Partner to live in the target areas full time during the key stages for each Fund, and attractive, below market rental rate housing will be provided.
c. To be in charge of all land subdivision efforts. Depending on the specific parcel the Fund Partner may directly pursue the subdivision on behalf of the Fund, or may negotiate arrangements under which a local developer will lead the effort in return for a share of profits.
d. To be in charge of land sales after the desired holding period
We do not have absolute experience or educational requirements for this position. However, the following characteristics and experience are preferred:
a. Business education and real estate education
b. Aggressive, achievement oriented, and entrepreneurial
c. A smart, creative problem solver
d. Some experience in evaluating, buying, selling, and adding value to investment real estate
e. Real Estate Salesman or Broker license
Pacific Valley Investors is headquartered in Belmont, Ca. Over the past 25 years PVI has been involved in the purchase, sale, management, and redevelopment of over $300,000,000 of investment properties of all types including residential land, recreational land, apartment complexes from 2 to 400 units, retail, office, and hotel. The company currently operates a hotel portfolio with value in excess of $100,000,000.
Persons interested in this position should contact either of the Senior Fund Partners. Wayne Levenfeld, President, Pacific Valley Investors can be reached via email at Hotelwayne@... <mailto:Hotelwayne@...> . Greg Galli, Woodmont Companies can be reached via email at ggalli@... <mailto:ggalli@...> . Please provide a complete resume of experience and a summary of your past successes.