Khoshbin Broadway, LLC: Company Profile

Background

Overview

Khoshbin Broadway, LLC is a privately held commercial real estate firm specializing in the acquisition, management, and repositioning of Class A and Class B industrial, retail, and office properties. The company is headquartered in Irvine, California, and operates with a focus on repurposing underperforming properties to align with community goals and visions.

Mission and Vision

The firm's mission is to create generational value through commercial real estate solutions by transforming underutilized assets into vibrant, community-focused properties. This approach aims to benefit tenants, investors, cities, and the broader community.

Industry Significance

With over 30 years of operating history, Khoshbin Broadway, LLC has established itself as a significant player in the commercial real estate sector. The company's expertise in value-add acquisitions and efficient asset management has contributed to its reputation for delivering above-average returns to investors.

Key Strategic Focus

Core Objectives

Opportunistic Acquisitions: Identifying and acquiring underperforming properties across various product types to enhance value.

Efficient Asset Management: Implementing hands-on management strategies to optimize returns by addressing tenant needs and market demands.

Consistent Returns: Providing investors with steady and above-average returns through strategic property management and development.

Areas of Specialization

Property Acquisition: Focusing on distressed or underperforming assets with potential for value enhancement.

Asset Management: Overseeing property operations to improve performance and tenant satisfaction.

Repositioning and Development: Transforming properties to meet current market demands and community needs.

Key Technologies Utilized

While specific technologies are not detailed, the company's approach suggests the use of advanced market analysis tools and property management systems to inform decision-making and streamline operations.

Primary Markets Targeted

Khoshbin Broadway, LLC primarily targets markets across the United States, focusing on areas with growth potential and opportunities for property value enhancement.

Financials and Funding

Funding History

The company operates as a privately held entity and has historically functioned as a family office. While it has syndicated a few recent asset acquisitions with successful exits, specific details regarding total funds raised and recent funding rounds are not publicly disclosed.

Notable Investors

Information about individual investors is not publicly available.

Utilization of Capital

Capital is primarily utilized for the acquisition, management, and repositioning of commercial real estate properties, focusing on enhancing value and aligning assets with community objectives.

Pipeline Development

Key Pipeline Candidates

The company focuses on Class A and Class B industrial, retail, and office properties that are underperforming and have potential for value enhancement.

Stages of Development

Acquisition: Identifying and purchasing properties with potential for improvement.

Repositioning: Implementing strategies to align properties with market demands and community needs.

Management: Overseeing operations to optimize performance and tenant satisfaction.

Target Conditions

Properties that are underutilized, distressed, or misaligned with current market trends are prime candidates for the company's value-add strategies.

Anticipated Milestones

Specific timelines for anticipated milestones are not publicly disclosed.

Technological Platform and Innovation

Proprietary Technologies

While specific proprietary technologies are not detailed, the company's approach suggests the use of advanced market analysis tools and property management systems to inform decision-making and streamline operations.

Significant Scientific Methods

The company employs data-driven methodologies to assess market trends, property values, and tenant needs, enabling informed investment decisions and effective property management.

Leadership Team

Key Executives

Manuchehr "Manny" Khoshbin: Founder and President. Manny Khoshbin has dedicated himself to real estate investing, particularly in distressed markets. His success is attributed to his timing and talent in acquiring the right assets in the right markets.

Jen Nguyen: Controller. Jennifer Nguyen oversees all finance, accounting, and corporate support functions of the company.

Jessica Duval: Accounting Admin. Jessica Duval manages accounts payable, accounts receivable, and property administrative tasks, bringing over 10 years of experience to the role.

Alireza Mirzaei: Asset Manager. Alireza is a seasoned real estate professional with expertise in commercial value-add acquisitions and asset management.

Competitor Profile

Market Insights and Dynamics

The commercial real estate market is characterized by fluctuating demand, economic cycles, and evolving community needs. Companies like Khoshbin Broadway, LLC that focus on value-add acquisitions and efficient asset management are well-positioned to capitalize on opportunities arising from underperforming properties.

Competitor Analysis

While specific competitors are not detailed, companies operating in the commercial real estate sector with a focus on value-add acquisitions and property repositioning are considered competitors.

Strategic Collaborations and Partnerships

Collaborations and Partnerships

The company has engaged in syndicating a few recent asset acquisitions with successful exits, indicating strategic collaborations to enhance its portfolio and market reach.

Operational Insights

Strategic Considerations

Khoshbin Broadway, LLC's focus on value-add acquisitions and efficient asset management positions it to effectively compete in the commercial real estate market. By transforming underperforming properties into assets that align with community goals, the company differentiates itself through its commitment to creating generational value.

Strategic Opportunities and Future Directions

Strategic Roadmap

The company's strategic roadmap includes identifying and acquiring underperforming properties, implementing repositioning strategies, and managing assets to optimize returns and align with community objectives.

Future Business Directions

Future directions involve expanding the portfolio through strategic acquisitions, enhancing operational efficiencies, and continuing to deliver value to investors and communities.

Opportunities for Expansion

Opportunities exist in markets with distressed or underperforming properties that can benefit from the company's value-add strategies.

Positioning for Future Objectives

The company's experience and strategic focus position it to achieve future objectives by leveraging its expertise in property acquisition, management, and repositioning.