The Abraham Companies, Inc. (“TAC”) is a developer of luxury multifamily and mixed-use properties in the West and Southwest that achieve superior investment returns on behalf of select capital partners, primarily via a combination of a unique land assemblage strategy and the acquisition of un-marketed urban land sites.
TAC’s principals have sourced, entitled, renovated, developed and financed over $12 billion of real estate throughout the United States and Mexico, including over 12,000 multifamily units. TAC’s professionals have decades of experience in real estate acquisitions, finance, development, and asset management with leading national institutions, yet the firm operates with efficiency and the flexibility of a boutique developer.
TAC currently has a $250,000,000 initial equity commitment from a family office to develop three generational assets and to provide GP money for an additional 5-10 assets. The first acquisition under this JV is located at 400 S San Vicente in Los Angeles and this will be redeveloped into approximately 127 luxury multifamily units with ground floor retail. This $190 million project is currently in Schematic Design and will be submitted for entitlements later this fall and is currently scheduled for occupancy in the fall of 2026.
The firm is also pursuing other projects to build out its pipeline and is seeking additional capital partners as well. It is the goal of the firm’s principals to have $1 Billion under development within the next three years.