Why
President Asset Group
PAG has been an active investment manager in the Southern California commercial real estate market for more than 30 years, with a focus on multifamily acquisitions and SFR development. The firm seeks to acquire and manage high-quality assets, with the goal of generating long-term value for both its investors and the communities in which it operates.
30+
years
in business
$400M
in equity under management
2,500+
multifamily units acquired since inception
34
single-family residential projects developed totaling 2,300+ units
About Us
Founded in 1990 and based in Newport Beach, President Asset Group is a real estate investment firm engaging in the acquisition, development, and management of multifamily, retail, industrial, office, and single-family residential properties in Southern California.
The company has approximately $400 million in equity under management and utilizes its primary investment vehicle, Tone Yee Investments & Developments (TYID), to develop or acquire high quality income properties in infill locations. The fund's major shareholders consist of several prominent Taiwan-based public companies, most notably Uni-President Enterprises Corporation (TWSE: 1216), a major international food and beverage conglomerate with operations throughout Asia.
To date, PAG has acquired 2500+ multifamily units and invested in various joint ventures with its partners to develop housing projects throughout Southern California. The firm's accomplishments to date include the following:
Multifamily
2,500+ units acquired, including traditional apartments, senior housing, mobile home parks
Office & Industrial
Over 150,000 SF of office and industrial properties acquired
Retail
Over 500,000 SF of retail properties and shopping centers acquired
Single-Family Residential
34 housing projects totaling over 1,300 units, with a combined value exceeding $300 million
Our investors have committed substantial investment capital that is readily available to capitalize on strategic opportunities in the United States. The strength of the fund's balance sheet enables it to pursue investment opportunities efficiently, guided by a prudent and stable long-term strategy.
PAG Executive Team
President & Chief Executive Officer
Chief Financial Officer
PAG Management Team
Senior Manager, Planning & Acquisitions
Senior Manager, Asset Management
Controller
Manager, Project Finance & Accounting
PAG Select Properties
Industrial
59,198 SF
Acquired in December 1999
Built in 1987 / Renovated in 2005
Leased to Sunrun / Hytera
Irvine, CA
Irvine, CA
Verdugo City, CA
Rowland Heights, CA
West Covina, CA
Land
114 acres adjacent to the future BNSF integrated rail facility in Barstow (Barstow International Gateway) which will total 4,500 acres and consist of a rail yard and intermodal facility.
Barstow, CA
Newport Beach, CA
Covina, CA
Orange, CA
Anaheim, CA
PAG
Investment Strategy
PAG specializes in the acquisition, development, and management of multifamily, retail, industrial, office, and single-family residential properties in Southern California. The firm employs a long-term buy-and-hold strategy on behalf of its investor clients through its primary fund investment vehicle (TYID). The group has committed substantial investment capital that is readily available to capitalize on strategic opportunities in the United States. Overall, the company's financial strength enables it to pursue investment opportunities efficiently and with minimal leverage.
The firm and its partners continue to seek opportunities to acquire stabilized income properties primarily with a focus on infill areas of Southern California.
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Target Markets: Primary and secondary markets in Southern California
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Location Criteria: Infill neighborhoods with strong demographics and stable fundamentals, in close proximity to major employment centers and desirable amenities
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Product Types: Multifamily, retail, industrial
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Transaction Type: Direct acquisition of existing stabilized or nearly-stabilized properties with stable cash flow and/or potential for light value-add strategies
Our Investors & Affiliates
Our major investors are leaders within their respective industries, contributing to various sectors including real estate development, manufacturing, and global trade. Their commitment to innovation, growth, and sustainability ensures a strong foundation for continued success domestically and abroad.
Uni-President Enterprises
Founded in 1967, Uni-President Enterprises Corporation is a publicly traded company in Taiwan (TWSE: 1216) and one of the country’s largest business conglomerates with consolidated total assets exceeding $8.3 billion (USD) as of December 31, 2023. The group's workforce totals over 114,000 employees operating diverse sectors including banking and finance, land development and real estate construction, life insurance, international trade, professional baseball, entertainment and recreation, semiconductors, supermarkets, pharmaceuticals, and biotech. Through its subsidiary company, President Chain Store Corporation, the group also operates convenience and chain stores including 10,000 7-Eleven locations throughout Asia and 500 Starbucks stores in Taiwan.
Prince Housing & Development
A leading real estate developer/builder in Taiwan, Prince Housing & Development Corporation (TWSE: 2511) had total assets exceeding $1.6 billion (USD) as of December 31, 2023. Its construction projects include high-rise buildings, townhouses, and single-family homes, having developed over 100 high-quality master-planned communities comprising more than 20,000 residential homes and apartments, commercial buildings, parks, and schools to date.
Tainan Spinning
Founded in 1954, Tainan Spinning Company Ltd. (TWSE: 1440) is a prominent textile manufacturer based in Taiwan, with total assets of $1.8 billion (USD) as of December 31, 2023. The company has established itself as a key player in the textile industry, known for its high-quality products and innovative solutions in apparel, home textiles, and industrial fabrics. The company’s focus on quality, sustainability, and customer satisfaction has contributed to its reputation as a reliable and reputable player in the textile manufacturing sector, both domestically and internationally.
Contact Us
Address
Contacts
Newport Beach Office
260 Newport Center Drive, 3rd Floor
Newport Beach, CA 92660
(949) 999-3368
General
Lisa Lee, Senior Manager
Asset Management - Multifamily
Charles Lin, Senior Manager
Acquisitions & Dispositions
Andy Chen, Senior Manager
Asset Management - Commercial