History

After 20 years, Coronado West now has more than 10,000 residential lots developed, or held for future development in more than 50 communities located throughout Arizona, Colorado, Texas, Florida, South Carolina, North Carolina, Georgia, Idaho, Oregon and Washington.

Our highly specialized team has developed relationships with large national and regional home builders, to provide land bank finance services customized for each home builder’s specific requirements. We have also developed relationships with leading financial institutions to provide both off-site and on-site infrastructure development financing for our residential communities.

We recently launched a new home purchase for rent program. We are buying from home builders and leasing new single family homes in some of the best housing markets across the country.

Essential Residential

We have assembled an experienced team who evaluate opportunities and take them to the finish line. Our financial relationships in place support that effort. Since 2019, ER has added Single Family Rentals (SFR) and Build for Rent (BFR) assets in key growth markets: Austin, TX, San Antonio, TX, Houston, TX, Phoenix, AZ, and Atlanta, GA. We continue to aggregate.

Our business model is working with the builders we have served on the land bank side of the business to build and acquire assets in many of the markets we already have a presence. Over the past twenty years, we have been able to build relationships with many builders, master-planned community developers, and landowners to assist them in making finished communities out of their assets. Our record in the industry of being a part of that process in a professional and successful manner provide early insight into opportunities in the build for rent arena.

We look forward to growing this part of our business for years to come.

Management

In 1998, Coronado West moved into the land-banking business and is now involved in multiple partnerships across the country that hold over 10,000 residential lots for various home builders.

Mr. Cork is a licensed real estate broker in Arizona, a member of the Home Builders Association of Central Arizona, Urban Land Institute and has been a board member serving on the East Valley Boys and Girls club for several years. John received his B.S. degree in Business from Michigan State University.

James is admitted to practice in Arizona, Michigan and Washington. Additionally, James is admitted to practice in U.S. District Court District of Arizona and U.S. District Court Western District of Michigan. James has been recognized as a “top 10 under 40” attorney in the State of Arizona. James also volunteers substantial time on pro bono matters and has been recognized as a Top Pro Bono Attorney in Arizona (2017 – State Bar of Arizona) and has received numerous awards for his pro bono work in Arizona from the Volunteer Lawyer Program.

Before joining Coronado West in 2000, Peter moved from Toronto to Scottsdale, Arizona in 1996, as Vice President Legal, and General Counsel for Samoth Capital Corporation, a publicly traded Toronto Stock Exchange company. Asset ownership included 31 hotel properties, a portfolio of real estate mezzanine loans, and investments in residential real estate developments, commercial properties, and master planned communities.

Previous to Samoth, Peter practiced law in Toronto as a partner in the Toronto Law firm of Torkin Manes Cohen and Arbus. The practice consisted of commercial real estate law, mezzanine lending, shopping center development, construction financing and leasing, and residential subdivision development.

Until joining Torkin Manes, Peter practiced real estate law in Toronto as general counsel for a mortgage banking firm, as a partner in Gold Hildebrand, and in his own law office.

Peter is a graduate of the University of Toronto, Queens University Law School, received an appointment as Queen’s Counsel in 1984, and is a member of the Law Society of Upper Canada.

She brings to the company experience from a variety of industries including 6 years in public accounting in the San Francisco Bay area, a number of years in the semiconductor industry with both public and private companies and consulting, installing and training on accounting information systems.

Juli received a B.S. in Accountancy from Purdue University.

Before joining the Coronado West team, Mike had been with SunCor Development Company for 23 years. While at SunCor, Mike served in a number of capacities including asset sales during the company dissolution: Bridgeview Condominiums (64 units) at Hayden Ferry Lakeside (Tempe) and community assets in Palm Valley (Goodyear), Prescott Lakes (Prescott) ,Coral Canyon (St. George) and Avimor (Boise).

Mike served as the Executive Director of Residential Acquisitions for SunCor. In that capacity, he would help identify and pursue residential opportunities for the company in the western United States. This work included acquisition negotiations, due diligence and planning coordination, and entitlement work.

Mike also held numerous positions in project management at SunCor.

Before managing acquisition work for SunCor, Mike was the Project Manager for the Village at Litchfield Park, and Assistant Project Manager for Tatum Ranch.

Mike arrived in Phoenix from Corvallis Oregon in 1982, received a degree in Finance from Arizona State University in 1984, and immediately thereafter began working in the development field with Transcontinental Properties (McCormick Ranch).

Monica is a CPA licensed in the state of Arizona and obtained her Accounting degree at the University of Arizona.

Previously, Burton worked as a NASD-licensed Registered Representative with H&R Block and Charles Schwab & Co., Inc. Following his tenure at Schwab, Burton served two years as an Analyst with a privately-held hedge fund where he assisted with trading operations, developed stock screens, performed due diligence activities, and measured fund performance.

Burton received his B.S. in Finance from Arizona State University and his MBA from Western Governors University.