The Grand Realty Fund is a real estate investment fund operating at the leading edge of acquiring luxury, vacation properties to service the “sharing economy”. The Grand Realty Fund’s leadership team leverages their collective expertise in North American and International vacation markets, hospitality and general real estate, to purchase unique properties that cater to wealthy travelers seeking a homelike experience while on vacation. With the explosion in valuation of multi-billion dollar services like Airbnb, VRBO, HomeAway, and FlipKey, the market is ripe, with a built-in customer base, to capitalize on one-of-a-kind rental properties.
Amid the growing popularity of services like Airbnb, HomeAway, VRBO and FlipKey there is undeniable evidence that the preference of the modern traveler is shifting from conventional accommodations in hotels and resorts to hospitality experiences that are unique and homelike. This being the case, it is still critical for discerning travelers to have the required luxuries of conventional hospitality in their unique rentals.
Today’s vacation rental market is populated by “mom-and-pop” owners and luxury properties are a largely under-represented option. This space is ripe for the type of disruption that will consolidate high-end properties and create a consistent, hospitality brand experience across each vacation rental. For more information about the economics of The Grand Realty Fund:
As a University of California, San Diego graduate, Gregg earned a Bachelor of Arts degree in Economics and History in 1991. He holds a California Real Estate Broker License and a National Loan Originator’s License. Gregg has extensive experience in general finance, business development and management, real estate finance, and general residential and commercial real estate. He has been the CEO of RAVA Capital, Inc., a mortgage broker and lender in Westwood, Los Angeles that has served the community with residential and commercial conventional and private money loans. In 1993, Gregg co-founded the largest Long Term Care Pharmacy in California, and as its Vice President of Operations over the span of 12 years, he helped the company grow from a start-up to an established company with over 250 employees and over 60 million dollars of annual revenue. Gregg enjoys traveling and playing tennis and golf.
As a graduate from Babson College in Wellesley, Massachusetts, Rich earned a Bachelor of Science degree in Marketing, Economics and Entrepreneurship in 1991. He holds a California Real Estate Broker License and a National Loan Originator’s License, and has been in the real estate finance business since 2003. Rich has extensive experience in management, economic cycles, business development, real estate finance, and residential and commercial real estate. Rich is also the CEO of Katz Lending, Inc., a mortgage broker and lender in Westwood, Los Angeles that has served the community with residential and commercial conventional and private money loans. Previously, Rich was the co-founder and CEO of a nationally recognized toner cartridge and inkjet manufacturer. Having built the company from scratch, he helped it to become one of the largest independent producers in the country. Rich is a black belt in karate and enjoys spending time with his wife and three kids.
310.400.5631 / INVEST@GRANDREALTYFUND.COM
11601 WILSHIRE BLVD. SUITE 2410 LOS ANGELES CA 90025 90025