What Sets Presidio Apart

Focused – Our expertise is in providing capital for residential development with strong fundamentals and potential for an appropriate rate of return. We carefully select our partners based on financial analysis, project strength, and sponsor abilities, tempered by years of experience and lessons from the real world.

Agile – Presidio is not the biggest capital provider, nor do we aspire to be. We remain small enough to know our builders and developers well. We work closely with them as a team to drill down into deals to find the solution that works for everyone.

Decisive – Our team is nimble and quick to respond. No time is wasted with multiple layers of approval. Our decision-making process is so streamlined and efficient, our partners are never kept waiting when time is of the essence.

Grounded – We believe the core of most successful businesses is long-term relationships. We invite you to ask our current and former partners, such as Van Daele Homes, CalWest Living, Lafferty Communities, Family Development Group, Grupe, Pebble Creek Land Company, San Joaquin Valley Homes, Cornerstone Communities, Oakpointe Communities, Coastal Community Builders, Summit Homes, BlackPine Communities, Williams Communities and others about their dealings with Presidio.

Seasoned – Presidio Principal Don Faye is a 30-year veteran of real estate operations, including project finance, project feasibility, partnership negotiations, risk management, asset management and corporate planning. Principal Paul Lucatuorto is an institutional land investment expert with more than 25 years of experience managing institutional capital. With more than 500 joint ventures and loans funded, the Presidio team is well experienced in the residential, development and construction arena.

Experienced – Don Faye, along with the other principals and associates including Paul Lucatuorto, brings a well-rounded perspective to projects as they have functioned as executives for private and public home builders and lenders. They understand the residential sector’s challenges and deadlines, not just the capital end. They know virtually every project has ups and downs, so their decision making takes that into account.

Stable – Presidio’s funding comes from a single, trusted firm. This relationship, which began in 1998, gives us a significant operational advantage over many other capital providers, enabling us to infuse more than $1 billion into residential development.

  • Cornerstone is fortunate in that we’re sought after by a greater array of equity providers than there are viable deals we’re chasing. That puts us in the enviable position of being able to choose with whom we do business. Thus we only do business with people and organizations we trust and enjoy. With that criteria, we consider ourselves privileged to do business with Presidio. Their decision making process is horizontally structured, eliminating the multilayered vertical approval process most equity partners require. They work with us on drilling down into deals and brainstorming how best to structure terms to our mutual benefit. Presidio and its team members are true partners, and they bring a lot to the table.
    Ure R. Kretowicz
    Chairman of the Board & CEO, Cornerstone Communities Corporation