Pacific Ventures Management

What Pacific Ventures Management does

Pacific Ventures Management LLC is a privately held real estate development and operating company headquartered in Newport Beach, California, founded in 2017 when it spun out of DMB Pacific Ventures. The company serves as master developer for large-scale residential and mixed-use master-planned communities, primarily in the Western United States. Its core offering is full-lifecycle master development services — capital raising, entitlement, public financing, infrastructure development, marketing, institutional financial reporting, and land sales to merchant builders. The firm also specializes in turnaround engagements, replacing underperforming developers on partially developed or stalled communities.

The company's revenue model combines three streams: (1) development management fees earned for serving as master developer on $100M+ community build-outs; (2) transaction-based revenue from the sale of entitled land parcels to merchant builders such as Taylor Morrison; and (3) joint venture equity participation, where Pacific Ventures co-invests alongside institutional capital partners and shares in project returns. The firm has developed or managed 25 large-scale communities, delivered more than 20,000 lots, and been involved in the acquisition, planning, development, and disposition of over $4 billion in real estate assets.

Pacific Ventures serves institutional capital providers (Tricon Capital, Oaktree Capital, Lehman Brothers Holdings), merchant builders, and capital sponsors seeking developer replacement. The leadership team is led by Founder/Chairman Mark Kehke (35+ years, 100,000+ lots) and President Jason Perrin ($2B+ in managed acquisitions), with deep institutional real estate relationships inherited from the DMB legacy. The company maintains offices in Newport Beach, CA and Belgrade, MT, and has active projects including Bedford (South Corona), Summerly (Lake Elsinore), Pacifica San Juan (San Juan Capistrano), and Marblehead Coastal (San Clemente), plus legacy projects Martis Camp, Tejon Mountain Village, and Kukui'ula.

Name

Pacific Ventures Management

Legal name

Pacific Ventures Management LLC

Website

https://pacv.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Product category

Real Estate Development Services

NAICS

Real Estate Property Managers (53131)

SIC

Land Subdividers & Developers (No Cemeteries) (6552), Real Estate Agents & Managers (For Others) (6531), Investors, Nec (6799)

akta.pro primary industry

Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities) (IMAFABAL)

akta.pro secondary industries

Real Estate Development Asset Management (Project/Construction-to-Stabilization) (BPAJAMAL), Urban Planning & Master Planning (BPAHAKAD)

Keywords

• Master planned communities
• Real estate development
• Development management services
• Land entitlement
• Residential community development

Headquarters

HQ city

Newport Beach

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Master Development Management: Pacific Ventures acts as master developer managing all aspects of community development including capital raising, development, marketing, land sales, and public financing. They earn fees for development management services.
2. Land Sales: The company generates revenue through the sale of entitled land parcels to merchant builders and homebuilders.
3. Joint Venture Equity Participation: Pacific Ventures co-invests in projects alongside capital partners and participates in project returns as an equity holder.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Pacific Ventures Management serves as a fully integrated master developer for large-scale residential and mixed-use communities, providing capital raising, entitlement, planning, development management, marketing, land sales, public financing, and institutional financial reporting. The firm partners with institutional capital sponsors, private equity firms, and real estate investment sponsors to manage $100M+ community build-outs and specializes in replacing developers on partially developed or stalled master-planned communities.

Product overview

Pacific Ventures Management is a fully integrated real estate development and operating company that serves as master developer for residential and mixed-use communities. The company offers comprehensive development services including capital raising, project planning, entitlement, development management, marketing, institutional financial reporting, and public financing. The product portfolio consists of both active communities (Bedford, Summerly, Pacifica San Juan, Marblehead Coastal) and legacy projects from DMB Pacific Ventures (Martis Camp, Tejon Mountain Village, Kukui'ula). The company has been involved in over $4 billion in real estate assets and has delivered more than 20,000 lots across 25 large-scale communities.

Differentiator

Problem solved

Functional benefit

Products and services

• Master Developer Services Comprehensive real estate development services acting as master developer on behalf of institutional capital sponsors, including capital raising, development management, entitlement, marketing, institutional financial reporting, land sales, public financing, and developer replacement for partially developed master-planned communities.
• Bedford Community

Quantifiable outcome

• Turned around Summerly project that was only 25% built out, completing it successfully above business plan
• +2 more outcomes

Named customers6 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered core and minor.

• Taylor MorrisoncoreChannel Partner/ Reseller/ DistributorTaylor Morrison partnered with Pacific Ventures as a merchant builder partner for Pacifica San Juan, purchasing lots for home construction. 409 lots have been delivered through this partnership.
• Highlands GroupcoreStrategic or Co-development PartnerLongtime joint venture partner with Pacific Ventures on Martis Camp resort community. Together they negotiated global agreement with environmental groups and created The Martis Fund nonprofit.
• Alexander & BaldwincoreStrategic or Co-development PartnerAlexander & Baldwin, one of Hawaii's oldest companies and largest landowners, invited Pacific Ventures to help re-entitle and restart the stalled Kukui'ula project in 2002. Partnership resulted in successful luxury resort residential community.
• California Strategies, LLCminorStrategic or Co-development PartnerGary Hunt, Co-Founder and Vice Chair of California Strategies, provided endorsement quote praising Pacific Ventures' seasoned team and relationships to capital.

Scale indicators5 records

Recent moves7 records

Expansion highlights3 records

Direct peers

• FivePoint Holdings: FivePoint is a large California-focused master developer of mixed-use master-planned communities (e.g., Great Park Neighborhoods in Irvine, Valencia). It is the closest direct peer to Pacific Ventures in scale, geography, and master-planned community focus.
• Forestar Group: Forestar (a D.R. Horton subsidiary) is a pure-play residential land developer that acquires, entitles, and develops lots for sale to merchant builders. Directly comparable in business model of producing entitled lots for homebuilder offtake, though at much larger scale.
• SunCal: SunCal is a Southern California master developer whose former projects (Pacifica San Juan, Marblehead Coastal) were taken over by Pacific Ventures after SunCal's financial distress. SunCal pioneered the same institutional-capital-driven master development model and overlaps directly in project geography.
• Rancho Mission Viejo: Rancho Mission Viejo is a master developer of large-scale master-planned communities in Orange County and San Diego. Holly McKie, Pacific Ventures' Strategic Marketing lead, previously served as Director of Marketing there, signaling direct comparable operating model and market.

Broad incumbents

• DMB Associates: DMB Associates is the predecessor firm from which Pacific Ventures spun out in 2017. It remains a master developer of large-scale master-planned communities across the Western US with comparable project types and sponsor relationships.
• Taylor Morrison: Taylor Morrison is a national homebuilder and Pacific Ventures' active merchant builder partner for Pacifica San Juan (409 lots delivered). Comparable as a national-scale homebuilder that consumes entitled lots from master developers like Pacific Ventures.
• Brookfield Residential: Brookfield Residential is a major North American land developer and homebuilder developing master-planned communities, often partnering with institutional capital. Comparable in master development scope, sponsor-style engagements, and entitlement-led model.
• Shea Homes: Shea Homes is a major Western US homebuilder with significant involvement in master-planned communities, including serving as merchant builder partner on master developments. Comparable as both a potential community partner and a master development competitor.

Regional players

• Landsea Homes: Landsea Homes is a California-based homebuilder that also participates in master-planned community development. Comparable as a regional merchant builder and community partner, though smaller and more homebuilder-focused than Pacific Ventures.
• The New Home Company: The New Home Company is a California-focused homebuilder/land acquirer that partnered with institutional capital on master-planned communities in Northern and Southern California. Comparable in marrying capital sponsors with master development and merchant building.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/pacific-ventures-management-llc

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 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 Pacific Ventures Management