First Chair Capital LLC

Our Approach

Priority

Our priority is to understand investors’ individual needs. Their time horizon, goals, and aspirations. We listen intently to better understand how we might support them in their journeys.

Relationships

We choose markets that are easily accessible and frequently visit to build relationships with our team and the community we invest in.

Rigor

We meticulously analyze a property’s opportunity and only share the deal with our investors when the deal meets our predetermined requirements.

Transparency

We review each offering with our investors personally, ensuring your unique questions are answered. You won’t find a template message when you decide to learn more about a deal with us.

About

We’re a small and agile team based out of San Francisco and Los Angeles. Our backgrounds in real estate, education, and engineering enable us to create exceptional experiences for our stakeholders, from our tenants to our investors.

We’re a team of two and our history dates back to 2008 where we met snowboarding in Southern California. Our shared passion for the outdoors and community led us to start a business in an industry focused on developing relationships with real people. As a homage to the place that connects everyone, we’ve joined the likes of Patagonia in the One Percent for the Planet movement and will be donating 1% of our profits annually.

Jeff Almonte

Jeff is a licensed professional electrical engineer and real estate agent in Los Angeles. He has worked on engineering projects worth over $1B throughout his career. He was recently a featured speaker for the FIBI group in Pasadena, CA.

Tommy Hoang

Tommy most recently worked in the tech sector in San Francisco before transitioning to real estate full-time. He spearheaded the research identifying Phoenix, AZ as an emerging market. He was the guest speaker at the San Francisco Real Estate meetup.

our strategy

The Market

Beyond any given deal, it’s the market that matters most. Before choosing a deal we focus on choosing a market. We use national research reports from CBRE, Marcus & Millichap, Bureau …

The Team

It’s all about the people and the relationships. We’d be hard pressed to find any successful entrepreneur who accomplished great things on her own. This message rings true in real …

The Deal

Sticking to our criteria ensures the numbers always add up There’s a lot of emotions involved with investing so we mitigate this with a sound process for evaluating potential investment …

The Opportunity

Connecting investors with the right opportunities We work with our sponsors to review every item throughout the underwriting and due diligence process. This is where we’ll validate the projections for …

Portfolio

Our first two acquisitions combine for an asset value of $18M totaling 215-units across two apartment complexes in Phoenix, Arizona. Both investments were built in the mid 80s and present a strong value add opportunity for our investors. We collaboratively raised $8M for this private placement investment, including a $3M renovation budget.

Let’s Connect

Whether you’re new to real estate or have experience investing in apartment complexes, we’d love to learn more about you. Send us a message or schedule a short call with us here.

San Francisco x Los Angeles

tommy/jeff @ firstchaircapital.com