Pacific West Communities, Inc - About Us
Pacific West Communities, Inc. (PWC) was formed as a real estate development and financing firm specializing in the construction and rehabilitation of multi-family housing throughout the western United States. PWC and its related companies develop multi-family and senior citizen housing in the states of California, Arizona, New Mexico, Utah, Oregon, Montana, North Dakota, Idaho, Nevada, Colorado, Washington, and Wyoming.
The President and C.E.O. of PWC, Caleb Roope, has managed the development and construction of over 100 communities over the past 15 years. With a history in the new construction of housing, as well as the rehabilitation of existing housing, PWC utilizes traditional equity financing as well as the federal affordable housing tax credit program in combination with secondary financing such as Home Investment Partnership Program (HOME) Funds, Community Development Block Grants (CDBG), redevelopment agency financing and other local, state, and federal resources to creatively bring solutions to communities. PWC fills a much needed housing niche in a variety of unique environments with a special focus on rural areas, resort communities, and high cost communities such as Jackson Hole-WY, Truckee-CA, Bishop-CA, Mammoth Lakes-CA, and Eagle-CO.
Caleb Roope’s experiences include all facets of the real estate development and financing processes with special emphasis directed toward site acquisition and feasibility evaluations. His companies initiate eight to ten new developments per year resulting in approximately twenty-five active developments in various stages of development and construction.
Site selection and acquisition is a key factor in the ultimate performance and acceptance of a quality multi-family residential community. Stringent standards of property selection, professional market research, and management help to establish the future success of any development.
The land acquisition process is under the guidance and direction of Caleb Roope with several real estate specialists strategically situated in regional offices. The team combines nearly 60 years of experience and has successfully acquired over one hundred sites for the development of multi-family and senior citizen residential communities. The group specializes in close coordination with local government officials, which ensures proper community support in processing the proposed development through governmental approvals and regulations. Prior to the purchase of the real estate and financing applications, each site has undergone careful analysis by in-house experts in real estate, construction, architecture, engineering, legal, marketing, and finance.
Applications and Financing Due Diligence
PWC’s qualified and experienced professionals are experts in the complicated realm of affordable housing finance. Key staff including former state housing agency officers Denise Carter and Peter Van Dorne specialize in the acquisition of affordable housing resources and the management requirements that this entails. With the successful financing of over eighty affordable housing developments in eleven states, each with their own unique application processes, compliance details and funding requirements, the team has developed an outstanding reputation amongst local and state housing finance agencies as well as private debt and equity providers throughout the industry.
Architecture and Engineering
PWC’s affiliated design group, Pacific West Architecture, provides the architectural and engineering components of the real estate development process. PWC’s architects work closely with dozens of civil engineering firms to craft an integrated design program that produces superior housing developments. In addition to the attractive design of each unit, amenities are added for greater community interaction such as pool/spa areas, children’s play areas, basketball courts, computer learning centers, fitness centers, and clubhouses and/or community centers. The philosophy of Pacific West Architecture is to embrace local architectural preferences first while designing facilities that fully meet developmental needs, are cost effective to construct and maintain, energy efficient to operate, responsive to environmental and site conditions, and are aesthetically pleasing to the natural landscape and surrounding land uses.
Pacific West Architecture is comprised of two very accomplished architects licensed throughout the western United States. Doug Gibson, based in PWC’s home office, has over sixteen years of experience in facility design, project management, architectural detailing, and specifications. Doug has been involved in the planning, design, and construction of hundreds of developments throughout the United States and is familiar with the wide variety of responsibility involved in construction management, municipal entitlements, and client program administration. Kate Sutherland has specialized in the design of large scale, multi-family, and light commercial developments for more than fourteen years.
Project Development and Management
PWC employs specialty project management staff to coordinate the development activities associated with multi-family housing developments. The project management team coordinates the work of architects, engineers, infrastructure service providers, and contractors in order to ensure developments promptly complete the sometimes difficult entitlement processes in accordance with strict timeframes governed by financing, weather, and local agency requirements. The project management team views the planning and entitlement process as a partnership with local government, so that all agency staff and elected officials are satisfied with PWC’s residential communities.
Construction is a critical component of both the immediate and long term success of every property developed. Anchored by two affiliated building contractors, PWC has a greater ability to ensure that each community is built to standards that exceed expectations. In addition, PWC maintain relationships with a number of regional builders to facilitate the construction of an additional five hundred to one thousand units on an annual basis. Each contractor is intimately familiar with the design criteria and required level of quality expected and each has specific experience with the construction of multiple-unit and single-family housing.
The ultimate success of any real estate venture rests not only in its ability to be completed on time and within budget, but also in its long term economic performance and acceptance within a community. PWC employs staff in its asset management division who are exclusively committed to following this principle. Properties are visited on a quarterly basis at a minimum, with significant attention devoted toward the outward appearance as well as confirming the development continues to maintain a positive local image. These comprehensive inspections also serve as a tool to evaluate and improve the performance of each local management agent. Such close coordination with the on-site team and their supervisors produces an environment in which quality control standards are upheld, operational goals are met, and residents enjoy the comfort and safety of their home.
The same level of excellence that influences each property’s physical condition is also applied to those seeking residency. Applicants are evaluated based upon their credit profile and their previous housing references in an effort to ensure that only truly responsible individuals become members of the community. Stringent standards of behavior and respect are applied to every resident with the goal of creating a community in which all can be proud.
At PWC and its related companies, our goal is to bring quality real estate developments and desirable communities to an underserved segment of families and senior citizens. Not only do we believe in addressing the overwhelming need for quality housing, we have the expertise, experience, and willingness to commit to the challenge of building safe, desirable homes for those who need them most. By working with investors, lenders, government agencies, non-profit organizations, and other developers, we will continue to bring enviable housing options to communities across the western United States.