Resmark Equity Partners, LLC (together with its affiliated entities, “Resmark”), together
with its affiliated general partner entities, including ORA California II, LLC, ORA California
III, LLC, ORA California IV, LLC, ORA California VI, LLC, ORA California VIII, LLC, ORA
California IX, LLC, Resmark Apartment Living Fund II GP, LP, Resmark Equity Partners
VIII, LLC and (each, a “General Partner,” and collectively, together with any future
general partner entities, the “General Partners”) is a full-service residential real estate
adviser and management firm headquartered in Los Angeles, California. We have been
in business since 1995 when we were known as Olympic Realty Advisors, LLC. In 2002
we became known as Resmark Equity Partners and Resmark Equity Partners, LLC has
been a registered adviser since December 2001.
Our principal owners are family trusts and family limited liability companies controlled by
Robert N. Goodman, Resmark’s Chairman of the Board and Chief Executive Officer.
Our business is limited to providing investment management and supervisory services to
its clients, primarily consisting of certain privately offered real estate investment funds
(each, a “Fund,” and collectively with any future private investment fund to which
Resmark provides investment advisory services, the “Funds”). Resmark provides advice
to its clients regarding all aspects of residential real estate investments. Resmark
manages and advises the acquisition, financing, management, development and
disposition of residential for-sale single family and multifamily units (for sale and for rent),
for-rent single family units and land for development with for-sale single family housing
lots for sale to builders in the Western United States and other select markets nationwide.
Our clients hold interests in limited partnerships and limited liability companies
managed
by us which make the real estate investments. Our services include (1) real estate
investment review, analysis and recommendation; and (2) real estate asset management
including (a) management of property acquisition, development and disposition, (b)
review, analysis and recommendation related to acquisition documentation, land use and
entitlements, market and cost feasibility, (c) review, analysis and recommendation of
equity co-investment and debt financing (such as a participating loan or mezzanine debt)
and (d) other activities related to the foregoing.
We do not provide advice with respect to any type of publicly traded securities.
We provide our investment management services only to clients who have elected to
allocate a portion of their overall investment portfolio to residential real estate related
investments. Clients may impose restrictions on investing in certain types of residential
for-sale single family and multifamily real estate related investments and land to be
developed and improved with single family residential lots for sale to merchant
homebuilders. These restrictions may be based on geography, project size, land use
issues or status of development previously undertaken on the property, if any, price, and
other factors meeting the client's specific investment and risk parameters. These
restrictions are agreed to at the time of entering into or renewing the investment
management agreement, limited partnership agreement or limited liability company
agreement with the particular client (collectively, the “Governing Documents”), or at
other times if the agreement provides for more frequent changes.
We do not participate in wrap fee programs.
As of December 31, 2023, we manage the following amount of client assets:
Discretionary basis: $1,841,806,000
Non-discretionary basis $0