Expertise

Founded in 2004, Vertical Ventures is an established, highly-focused investor, developer and operator of institutional quality commercial real estate assets. The firm concentrates on identifying, acquiring and revitalizing well-located, quality assets that are temporarily undervalued.

The professionals of the firm average nearly 20 years experience transacting and operating real estate and generating attractive investment returns from both institutional and entrepreneurial platforms.

Our unwavering goal is to extract unrecognized value from the real estate and maximize the returns to investors, while providing a high level of service and communication to our financial partners.

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Founder, Managing Partner

Hamid Rezapour

Hamid Rezapour is the Managing Partner of Vertical Ventures. Since the company’s inception, Hamid has been responsible for all aspects of real estate investing, including acquisition, planning financing, leasing and sales negotiations, construction and property management. Involved in transactions totaling over $1 billion, Hamid has more than 25 years of experience as a real estate developer and investor and was the founder of the two real estate investment firms that eventually merged to form Vertical Ventures.

He brings years of experience in the health care, life sciences, retail, advertising and high-tech industries. Prior to his tenure with Vertical Ventures, Hamid launched and successfully sold several companies in the high-tech and healthcare industries. He has also served on the Boards of several industry-related companies.

After attending UC Berkeley for his undergraduate work, Mr. Rezapour received his doctoral degree from University of the Pacific in San Francisco, as well as combined Master of Business Administration degrees from UC Berkeley Haas School of Business and Columbia University in New York.

Senior Vice President – Head of Acquisitions

Christopher Aust

Christopher Aust is Senior Vice President and Head of Acquisitions for Vertical Ventures. His primary responsibility is to lead the team in sourcing, negotiating, and executing all of the firms’ property acquisitions. Chris has more than 20 years of experience in commercial real estate investment management. He has led institutional investment teams at some of the largest real estate investment platforms in the U.S., including Principal Real Estate Investors and KBS Realty Advisors. Chris has personally sourced, negotiated and executed property acquisitions in northern California and the Western U.S. totaling more than $3 billion across different risk strategies for various institutional, sovereign and private equity. Those equity capital sources include Principal Life Insurance Company, Principal US Property Fund, Principal Enhanced Property Fund, CalPERS, State of Wisconsin Investment Board, Teacher Retirement System of Texas, Pacific Life Insurance Company, Teachers’ Retirement System of the State of Illinois, ISSK (Govt. of Kuwait), and the Bank of China.

Prior to his acquisitions roles, Chris spent over a decade as a Senior Director investment sale broker with Cushman & Wakefield in the firms’ San Francisco office. During that time, his teams marketed institutional investment properties totaling more than $3.5 billion throughout Northern California and the Western U.S. Chris received his Bachelor of Science degree in Finance from California State University, Chico.

Senior Vice President – Head of Asset Management

Brett Miles

Brett Miles handles asset management responsibilities of the portfolio overseeing leasing, construction and property operations. Throughout his career he has negotiated more than 5 million square feet of lease transactions and has been involved in more than $2 billion of investment activity covering a variety of property types including office, industrial, retail and multi-family assets throughout the U.S.

He brings years of experience in the health care, life sciences, retail, advertising and high-tech industries. Prior to his tenure with Vertical Ventures, Hamid launched and successfully sold several companies in the high-tech and healthcare industries. He has also served on the Boards of several industry-related companies.

Brett recently oversaw a significant repositioning of a 1 million square foot office project that resulted in increasing occupancy from 10% to 90% in 2 years. Prior to joining Vertical Ventures, he was previously with Paceline Investors, Swift Real Estate Partners, Prometheus Real Estate Group and Piedmont Office Realty Trust. Brett started his real estate career as a broker for Colliers International and received his Bachelor of Arts Degree from Trinity College (CT).

Senior Vice President – Controller

Claudia Patterson

Claudia Patterson boasts more than twenty years of financial and operations experience serving in senior roles with two different global, multi-billion-dollar property investment and development groups. She served as Vice President Finance and was responsible for the America’s Portfolio with G.I.C. Real Estate Inc. Prior to that, she held various senior financial positions, including Corporate Controller for Grosvenor Americas Inc.

Claudia holds a B.S. in Business Administration from California State University, Hayward.

Vice President – Analytics

Adam Urbina

Adam Urbina oversees all analytical work produced by the firm related to acquisitions and asset management. He started his career as a real estate appraiser in Chicago where he researched and analyzed economic and real estate trends in national and international markets. Upon moving to the Bay Area, he was recruited to Grubb & Ellis as a financial analyst where he provided financial analysis and underwriting for multiple property types across Northern California for more than 75 investment and leasing brokers in five counties. Most recently, he worked for KBS Realty Advisors where he underwrote and recommend potential acquisitions in Northern California, Seattle, Portland, and Salt Lake City. Adam has a balanced knowledge of market dynamics with underwriting and expected/target pricing skills.

Adam attended the University of Chicago and graduated with honors in economics.

Our Philosophy

Vertical Ventures is committed to the growth and success of our investors, tenants, employees and our external environment

Relationships Built on Trust Yield Superior Deal Flow

Dedicated to sourcing and securing the most coveted investment opportunities, Vertical Ventures has carefully cultivated decades-long relationships with municipalities, government agencies, property owners, investment brokers, leasing brokers, mortgage brokers, bankers, attorneys, title and escrow officers, and other key professionals. We offer a unique Broker Participation Program that incentivizes real estate professionals to submit investment opportunities to Vertical Ventures before the general market.

Analytical Rigor Eliminates Mistakes and Improves Decision Making

With direct input and oversight from Vertical Ventures’ senior professionals, our underwriting team constructs incredibly detailed financial projections for each potential acquisition. By utilizing our cutting-edge proprietary data and analytical tools, our partners can rest assured knowing that they have been provided with the most precise and accurate information available.

Exhaustive Diligence Eliminates Surprises

Analytical rigor and exhaustive due diligence are the cornerstones of our investment philosophy. Once engaged in a deal, our diligence team conducts an in-depth analysis of historical property operating results, complete tenant lease files, vendor contracts, current property condition, potential market and governmental influences and a thorough understanding of the condition of title, property survey, zoning compliance and other legal matters. This objective due diligence process helps eliminate surprises and maximize investment yield.

Disciplined Acquisitions Maximize Value

We focus on acquiring under-performing and undervalued assets at prices well below replacement cost and intrinsic value. Disciplined in our approach, we work tirelessly to uncover opportunities with unexploited potential. We take advantage of opportunities presented by artificial and correctable impediments to value, including complex ownership structures, poor capitalization/lack of required capital, unsophisticated or inattentive property management, curable environmental conditions and other various advantageous circumstances.

A Foundation of Experience Creates Success

Vertical Ventures’ senior professionals have led the acquisition and active asset management on investment transactions totaling more than 10 million square feet and representing more than $3 billion in value throughout multiple real estate cycles. When considering an investment opportunity, we draw upon our unique backgrounds in real estate law, commercial appraisal, property and asset management, construction management, real estate finance, municipal entitlements, contract negotiations, asset disposition, commercial brokerage, and business plan creation and implementation. This broad and unique foundation of commercial real estate expertise under one roof provides us with a competitive advantage in consistently identifying attractive opportunities and executing our strategy.

We’re Committed and Accountable to Each Other and Our Partners

The firm acquires commercial real estate primarily through direct investment and joint-ventures, ensuring a durable alignment of interest between ourselves and our partners. Our flat organizational structure promotes accountability among our professionals, as well as open and honest communication among all stakeholders, in line with the company’s commitment to integrity and transparency. We are entrepreneurs that come from sophisticated institutional investment management backgrounds. This affords us the unique ability to combine “fiduciary-minded” institutional processes with the agility and adaptability of an entrepreneurial operator.