ATLANTA, March 9, 2017 /PRNewswire/ -- Vista Realty Partners' CEO Eduard de Guardiola will incorporate more than 30 years of experience to his latest venture, the de Guardiola Family Office, LLC., targeting upstart residential, retail and commercial real estate investment opportunities. On the heels of selling 2,500 apartment units in the last 18 months in Atlanta, for $265 million, de Guardiola is launching the family office with $100 million to seed, provide growth capital to and mentor upstart development companies. He will turn over his day-to-day responsibilities with Vista Realty Partners to three long-time senior managers.
"I built my career on executing real estate deals," said de Guardiola. "This feels like a great time to use the liquidity from recent sales to target opportunities that may come from experienced entrepreneurs or junior managers looking to strike out on their own."
de Guardiola brings expertise in residential and retail management and development, as well as acquisitions, dispositions, lease negotiations, joint venture documentation, financial analysis, and management to the de Guardiola Family Office, which will focus exclusively on the real estate industry. In addition to the funding aspect, the family office can assist with accounting, legal and tax planning services, as well as human resources and back-office administration.
de Guardiola formed Vista Realty Partners in 2000, orchestrating the acquisition, development and financing of more than 80 new and existing apartment communities and condominiums consisting of over 14,886 units valued in excess of $1.6 billion. Prior to founding Vista, he was president and a director of the Focus Group companies. Born in Cuba, he immigrated to the US in 1960 with his parents, graduated from Florida State University and moved to Atlanta in 1987 to launch his real estate career.
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SOURCE de Guardiola Family Office