BacX

Name

BacX

Legal name

BacX LLC

Website

https://bacxllc.com

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

1–10 employees

Short description

BacX is a privately held California-based commercial real estate investment firm founded in 2010 that acquires, renovates, and leases multifamily, retail, mixed-use, office, industrial, and single-family properties across California, Washington, and Ohio, with a $300M+ portfolio.

Ownership category

akta.pro rank

Headquarters

HQ city

Cupertino

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Operations, Supply Chain, Personnel, Others

Revenue model

1. Rental Income: Revenue generated from leasing multifamily apartments, retail spaces, and mixed-use properties to tenants. The company repositions and renovates properties to bring operating income and rent to market level.
2. Property Value Appreciation: Capital gains realized through strategic acquisition of mispriced and depressed properties, renovation, and market repositioning. Properties are held for long-term appreciation and rental income generation.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

BacX is a commercial real estate investment and management company that acquires mispriced or depressed multifamily, retail, office, mixed-use, industrial, and single-family residential properties, repositions and renovates them, and operates them as leased rental assets. Its portfolio, valued at over $300M, spans California, Washington, and Ohio, with concentration in the South Bay of San Francisco and Seattle markets, generating revenue through rental income and long-term property appreciation.

Product overview

BacX is a commercial real estate investment and management company operating since 2010 in Silicon Valley. The company offers a unified portfolio of real estate products consisting of multifamily apartment buildings, mixed-use properties, retail spaces, office spaces, and industrial developments. The product lineup also includes single-family residential properties across California (Los Gatos, Los Altos, Sunnyvale, Cupertino, Mountain View, San Mateo, Campbell), Washington (Seattle area), and Ohio (Perrysburg, Bowling Green). BacX's portfolio is valued at over $300M and encompasses properties managed through the company's strategic investment approach focused on the South Bay of San Francisco and Seattle areas.

Differentiator

Problem solved

Functional benefit

Products and services

• Multifamily Apartment Buildings Residential multifamily apartment properties acquired, renovated, repositioned, and operated by BacX as leased rental housing for individuals and families in prime Silicon Valley submarkets.
• Mixed-Use Properties Properties combining residential and commercial spaces within BacX's diverse real estate portfolio, leased to mixed residential and business tenants across California, Washington, and Ohio.
• Retail Properties Retail commercial spaces acquired and operated as part of BacX's commercial real estate portfolio, leased to businesses in high-demand South Bay of San Francisco submarkets.
• Office Spaces Commercial office properties held within BacX's commercial real estate portfolio, leased to businesses in key California and Washington markets.
• Industrial Developments Industrial properties held and operated within BacX's broader portfolio of residential, commercial, and industrial developments across various locations.
• Single-Family Residential Properties Individual single-family residential properties held within BacX's portfolio, including homes in California, the Seattle WA area, and Perrysburg/Bowling Green OH.

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered core.

• BrokerscoreChannel Partner/ Reseller/ DistributorNetwork of real estate brokers who assist in property sourcing, deal evaluation, and tenant acquisition across California, Washington, and Ohio markets.
• ContractorscoreImplementation/ SI/ Consulting PartnerConstruction and renovation contractors who execute property repositioning and renovation projects to create value in acquired properties.
• Project ManagerscoreImplementation/ SI/ Consulting PartnerProfessional project managers who oversee property renovation and repositioning projects to ensure efficient execution and value creation.

Scale indicators3 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Sares-Regis Group: Private West Coast real estate investment and operating company specializing in multifamily and mixed-use properties in California and the Pacific Northwest. Comparable to BacX as a private operator focused on similar West Coast multifamily and mixed-use assets.
• FPA Multifamily: California-focused private multifamily acquisition and asset management firm with a value-add investment approach. Comparable to BacX as a private California multifamily investor executing value-add strategies on similar property types.
• Prometheus Real Estate Group: Private Bay Area-based owner, developer, and operator of multifamily properties with deep Silicon Valley exposure. Directly comparable to BacX as a private California-focused multifamily investor and operator with similar value-add positioning.
• Veritas Investments: San Francisco-based private multifamily owner-operator with a portfolio of urban apartment buildings in California. Comparable to BacX as a private, geographically concentrated multifamily investor pursuing value-add repositioning strategies.

Broad incumbents

• Equity Residential: Major public multifamily REIT with a portfolio concentrated in coastal gateway markets including San Francisco, Silicon Valley, and Seattle. Comparable to BacX in product type and core urban West Coast geographies.
• AvalonBay Communities: Large public multifamily REIT with meaningful West Coast and Seattle-region exposure alongside East Coast and select Midwest markets. Comparable to BacX in core product type (multifamily) and partial geographic overlap (CA, WA).
• UDR Inc. Diversified public multifamily REIT with West Coast exposure including California and the Pacific Northwest. Comparable to BacX in core product type (multifamily) with overlapping California/Washington geographies.
• Camden Property Trust: Diversified public multifamily REIT operating a national portfolio that includes a meaningful mix of property types similar to BacX's diversified multifamily-plus-retail mix, though without the same Silicon Valley concentration.
• Essex Property Trust: Public multifamily REIT focused exclusively on West Coast markets including California and the Seattle/Puget Sound region. Essex is directly comparable to BacX in geographic footprint and product type, though it operates at a vastly larger institutional scale as a public REIT.
• Mid-America Apartment Communities: Public multifamily REIT with a diversified Sun Belt-heavy portfolio, relevant as a multifamily peer for product type and a comparable Ohio market exposure to BacX's Ohio holdings.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/bacxllc

Revenue estimate

Valuation estimate

Number of profiles

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 BacX