Investors in the Inland West
Graceada Partners specializes in apartments and industrial parks in growing secondary and tertiary markets in the Inland West.
Graceada Partners specializes in apartments and industrial parks in growing secondary and tertiary markets in the Inland West.
Durable demand drivers
Resilient, diversified cash flows
Recession – and inflation – resistant asset types
Needs-based real estate
Supply-constrained due to construction cost
Attractive risk-adjusted returns
Resilient performance through economic cycles
Affordability and quality-of-life advantages
Stronger population, job and GDP growth than primary markets
Greater liquidity and lower volatility
Fragmented ownership and less institutional competition
Large, undercapitalized market opportunity
Vertically integrated execution across the full investment lifecycle
Proprietary, disciplined, off-market deal sourcing
Conservative underwriting and risk management
Active asset management driving NOI growth
Process and data-driven operational execution
Institutional expertise applied to inefficient markets
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Market Experts
Our team is focused on apartment and industrial investing in inefficient secondary and tertiary markets in the Western United States. We know the trends and opportunities in real time.
Seamless Execution
We believe in controlling outcomes and complete strategy alignment. Graceada Partners’ vertically integrated team works in cohesion to source, capitalize, manage, renovate, lease and sell the properties we acquire.
Off-Market Network
Most of the investments we pursue are off-market. As secondary market specialist, we find opportunities before they become public and are often the first call from brokers and sellers.
Active De-Risking of Investments
We focus on downside risk mitigation through low cost basis acquisition and conservative debt, while working hands-on to add value quickly. This ensures we attain the best risk-adjusted returns.
Experienced Investors
Our team members have managed over $10 billion in real estate assets across all asset types, and through the last three decades of market cycles.
Human-Centered Investing
Our core belief is that leaving every property better than when we acquired it leads to better returns for investors and better quality-of-life for tenants and the communities in which we operate.
Take a deeper look into some of our recent investments. See how the strategy is executed and see the bottom line we’re achieving for our investors.
Westlake Apartments
Westlake Apartments is a 148-unit, 139,996-square-foot, garden apartment community featuring 1,000 feet of lakeside frontage and 155 on-site parking spaces. It is well located in a highly desirable neighborhood near Downtown Sacramento with easy access to Interstate 5.
The company co-founders, Joe and Ryan, have navigated decades of business and friendship together. This durable and lasting relationship creates a culture of resilience, flexible thinking, and durability that has helped Graceada Partners navigate through market cycle volatility with stability and resolve.
Their partnership helps Graceada Partners foster an environment of:
Mutual Respect
Innovation and Flexible Thinking
Competition
Trust
Resilience and Stability
Our team’s experience and diverse backgrounds combined with core values that are truly embedded in the company culture result in a laser-focused approach to investing and creating value.
We are driven by our core values:
Positive, Caring, and Humble
Owns the Mission
Does the Right Thing
Excellence in Execution
Wants to Win
Graceada Partners offers market insights to help you stay informed in the evolving commercial real estate market.
Stay on top of current market trends and investing insights.
Everyone in institutional real estate knows the Southeast story. Almost nobody has run the same numbers on the Inland West. In episode 100 of Durable Value, Ryan Swehla joins Mike Consol on Institutional Real Estate, Inc.'s podcast to walk through Graceada's white paper "Equal Footing," which puts the two regions side by side using 21 years of federal data from the Census Bureau, the Bureau of Labor Statistics, and the Bureau of Economic Analysis. The Inland West is 47 million people strung along three north-south interstates: I-5, I-15, and I-25. It is larger than any single state, and it keeps disappearing from the research because inland California and Washington get averaged into their coastal halves. Measured on its own, it outgrew the Southeast on population, per capita income, real GDP, and employment across the full period. Ryan is direct about where the Southeast actually wins, what pushback allocators give him, and why he thinks state lines are a poor way to understand an economy.
Before he spent four decades in institutional real estate, Mitch Pleis was a tight end catching passes from a rookie Joe Montana. In this episode of Durable Value, Ryan sits down with Mitch Pleis, the retired co-head of real estate at CalSTRS and the only person to hold the director of real estate seat there twice. Mitch traces the full arc: recruited by Bill Walsh to Stanford, a brief run with the 49ers, then industrial development, mortgage banking through the savings and loan years, and finally a seat inside one of the largest pension funds in the country.
He walks through what the CalSTRS real estate portfolio looked like when the fund first crossed $100 billion with only 3% allocated to real estate, how that role has swung between safe cash flow and return enhancer across three decades, and why he thinks underwriting is about to matter more than it has in years.
Much of the conversation lands on relationships. Mitch explains what keeps a partnership alive for 20 years, why owning a mistake counts for more than never making one, and how he actually took the measure of a manager, dinners and baseball games included.
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Find out why commercial real estate investing is a great way to bolster your portfolio.