Citivest Commercial Investments

What Citivest Commercial Investments does

Citivest Commercial Investments is a privately-held, vertically integrated real estate investment, development, and advisory firm founded in 1987 and headquartered in Newport Beach, California. The firm operates two core platforms: Citivest Commercial, which targets grocery-anchored neighborhood centers, community retail, power centers, office, and industrial assets with value-add potential in Western U.S. submarkets; and Citivest Communities, which acquires and entitlements residential land for delivery to homebuilders in high-growth markets. A wholly-owned leasing subsidiary (MB Realty Solutions) and a vacation property management affiliate (OC Vacation Properties) extend operational coverage.

The firm generates revenue through asset management fees, acquisition and disposition fees, and investment returns on co-invested equity. Citivest pursues a value-add strategy targeting 18-22% leveraged IRR and 2x or greater aggregated return on equity over 3-5 year hold periods, employing 50-65% loan-to-cost leverage. Capital is sourced through co-investment relationships with institutional partners including BlackRock, Ares, TPG Angelo Gordon, and a broader roster of alternative asset managers, alongside private investors with $10 million-plus minimum commitments.

Citivest reports a cumulative track record of over 1,500 apartment units, 2,000 single family homes, and 3.0 million square feet of commercial projects acquired and managed. The firm employs 11-50 people across asset management, acquisitions, construction, leasing, investor relations, and accounting functions. Distribution is exclusively direct and relationship-based, supported by a secure investor portal for document distribution and capital activity tracking. No proprietary technology platform or AI-driven capabilities are disclosed.

Name

Citivest Commercial Investments

Legal name

Citivest, Inc.

Website

https://citivestcommercial.com

Company type

Private

Founded year

1987

Operating status

Operating

Headcount range

11–50 employees

Short description

Citivest Commercial Investments is a privately-held, vertically integrated real estate investment and development firm founded in 1987 that acquires and repositions commercial and residential assets in Western U.S. markets on behalf of institutional co-investment partners.

Ownership category

akta.pro rank

Product category

Commercial Real Estate Investment

NAICS

Other Financial Investment Activities (5239), Miscellaneous Intermediation (52391), Portfolio Management and Investment Advice (523940)

SIC

Investors, Nec (6799), Real Estate Dealers (For Their Own Account) (6532), Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Real Estate Capital Markets Advisory (Debt/Equity Placement, Refinancing) (BPAJANAE)

akta.pro secondary industry

Commercial Real Estate Brokerage (Leasing & Sales) (FSAEAJAB)

Keywords

• Commercial real estate investment
• Value-add real estate
• Residential land development
• Real estate asset management
• Institutional co-investment

Headquarters

HQ city

Newport Beach

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure, Supply Chain, Technology or R&D

Revenue model

1. Asset Management & Advisory Fees: Revenue generated through asset management fees from owned properties and advisory services provided to institutional partners and co-investors. The firm creates value through active property management, leasing, and repositioning.
2. Real Estate Investment Returns: Returns generated through value-add investment strategy with targeted 18-22% leveraged IRR and 2x or greater aggregated return on equity over 3-5 year hold periods. Revenue derived from property appreciation, rental income, and disposition gains.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Citivest Commercial Investments is a real estate investment, development, and asset management firm that acquires, repositions, and manages value-add commercial and residential real estate in the Western and Pacific United States. The firm offers institutional and private investors co-investment opportunities through direct equity, preferred equity, and joint venture structures across two core platforms: Citivest Commercial (retail, mixed-use, office, industrial) and Citivest Communities (residential land entitlement and development). A secure Investor Portal supports existing partners with documents, K-1s, capital activity tracking, and quarterly updates.

Product overview

Citivest Commercial Investments operates as a vertically integrated real estate investment and development firm with two core platforms: Citivest Commercial (focused on retail, mixed-use, and income-producing commercial assets) and Citivest Communities (focused on residential community development). The firm also provides a secure investor portal for partners and institutional investors to access documents, track capital activity, and receive quarterly updates. The company targets well-located commercial properties and residential communities with value-add potential across growth markets in the Western and Pacific states, pursuing opportunities through direct equity, preferred equity, and joint venture structures.

Differentiator

Problem solved

Functional benefit

Brands

• OC Vacation Properties: Vacation property management company supporting guest experience and property oversight.

Products and services

• Citivest Commercial A vertically integrated commercial real estate investment platform targeting the acquisition and active management of grocery-anchored neighborhood centers, community retail, mixed-use, office, and industrial assets with value-add potential across Western U.S. growth markets, offered to institutional and private co-investors.
• Citivest Communities A residential real estate platform that identifies, acquires, entitles, and delivers residential community development sites—ranging from pocket neighborhoods to large master-planned communities—to homebuilders in high-growth Western U.S. markets, offered to co-investment partners.
• Investor Portal Secure investor portal providing existing co-investment partners with real-time investment updates, K-1 documents, reports, statements, capital activity tracking, and quarterly communications.

Quantifiable outcome

• Over 1,500 apartment units, 2,000 single family homes, and 3.0 million square feet of commercial projects acquired and managed
• +2 more outcomes

Segments3 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• BKM Capital Partners: BKM Capital Partners is a value-add commercial real estate investment firm focused on multi-tenant industrial and office assets across the Western US. Directly comparable to Citivest's value-add commercial platform in terms of geography, strategy (acquire-reposition-manage), and institutional co-invest model.
• FivePoint Holdings: FivePoint Holdings is a publicly-traded California-focused residential community developer that entitles and delivers master-planned communities to homebuilders. Highly comparable to Citivest Communities' residential land entitlement model and California geographic focus, though at materially larger scale.
• Crow Holdings Capital: Crow Holdings Capital is a Dallas-based value-add real estate investment manager with industrial, office, and residential strategies deployed through institutional capital partnerships. Comparable in operating model (vertically integrated, institutional capital, value-add) to Citivest, though at significantly greater scale and broader geography.
• Brookfield Residential: Brookfield Residential is a North American residential land development and homebuilder with significant California operations. Comparable to Citivest Communities for the residential land entitlement-to-homebuilder delivery model and Western US exposure, though much larger and vertically integrated through homebuilding.
• Westcore Properties: Westcore Properties is a privately-held commercial real estate investment firm focused on industrial, office, and retail assets in Western US markets. Comparable to Citivest's value-add commercial strategy, regional concentration, and private operating model at similar mid-market scale.
• Watt Companies: Watt Companies is a Santa Monica-based, privately-held real estate investment and development firm active in commercial and residential assets across the Western US. Comparable in operating model (private, founder-led, Western US, mixed commercial/residential) and scale to Citivest.

Broad incumbents

• Donahue Schriber / Brixmor Property Group: Brixmor Property Group is a publicly-traded retail REIT owning and operating grocery-anchored open-air shopping centers nationally. Comparable to Citivest Commercial's grocery-anchored retail strategy; Brixmor acquired Donahue Schriber — where Citivest's Director of Leasing Michele Babcock was EVP — making this both a strategic comparable and a prior-employer connection.
• Federal Realty Investment Trust: Federal Realty is a publicly-traded REIT focused on grocery-anchored and mixed-use retail in high-density coastal US markets. Comparable as a large institutional owner/operator of the same grocery-anchored neighborhood retail asset class Citivest targets, though operating at vastly larger scale as a public REIT.
• Ares Real Estate: Ares Real Estate is the real estate platform of publicly-traded Ares Management, a major institutional capital partner of Citivest. Comparable as an institutional value-add real estate investor deploying capital across US commercial real estate; represents both a peer (institutional value-add RE) and a key LP/capital relationship for Citivest.

Regional players

• Landsea Homes: Landsea Homes is a publicly-traded homebuilder with primary operations in California and the Western US. Adjacent to Citivest Communities as a homebuilder customer for entitled lots — comparable as a Western US residential market participant and indirect counterparty, rather than a direct competitor in land entitlement.

Market position

Strengths1 record

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xinstagram.com/wix
• Facebookfacebook.com/profile.php?id=61582241133262
• LinkedInlinkedin.com/company/citivest
• Instagraminstagram.com/wix

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Citivest Commercial Investments