Serrano Development Group, Inc. (SDG) is a multifaceted real estate investment and development company based in Los Angeles. At SDG our credo is Imagine. Innovate. Create. Since its inception in 2005, SDG and partners have developed multifamily, industrial, commercial and hospitality projects throughout the United States with a primary focus on the Greater Los Angeles Area. SDG collaborates with a seasoned team of design professionals, contractors and financial partners strategically selected to make each project successful. Drawing from a diverse resume of product types, SDG has extensive project experience. The construction and engineering background of the principals combined with the expertise of its development partners allows the SDG development team to tackle complicated projects and collaboratively manage the development process from concept to stabilization. SDG practices a development philosophy that integrates input early and often from not only the design consultants but also contractors, financial partners and other key project stakeholders. The principals of SDG own a construction firm, Pacific Empire Builders, an essential tool in this process. In addition to developing our own projects, SDG maintains several strategic joint venture and development clients. Along with turnkey development services, SDG often advises and assists our partners with value-add and stabilized acquisitions.

Mission

Our mission is to identify and pursue opportunities in the marketplace that create value for our financial partners and for the end users of our buildings.  Our development philosophy is to collaborate with our design and construction partners and to challenge the status quo with the objective of finding and implementing efficiencies that will continuously improve our projects.

Principals

Jason Tolleson – Co–Founder, Principal

 

Jason Tolleson is the co-founder of Serrano Development Group and its affiliated construction company, Pacific Empire Builders, Inc.  Serrano Development Group, Inc. and Pacific Empire Builders, Inc. were both established in 2005 by Jason Tolleson and his partner Dan Mahoney and each have built dozens of projects in the southwestern United States. In addition to its robust multifamily portfolio, Serrano Development Group, Inc. has compiled an impressive resume of industrial, office, retail and hospitality projects.  

Jason began his career focused on the technical aspects of building by working as a Structural Engineer for the Parsons Corporation on US Army Corps of Engineers Demilitarization Projects, then as a Project Manager for Opus West Corporation. At Opus, Jason focused on the construction of ground-up commercial and industrial projects in the San Francisco Bay Area.  

Jason is a licensed Professional Engineer and General Contractor in the State of California. He holds a Bachelor of Science degree in Civil Engineering from the University of California at Berkeley and a Masters of Business Administration from the Anderson School at UCLA.

Dan Mahoney – Co–Founder, Principal

Dan Mahoney is the co-founder of Pacific Empire Builders (general contracting services) and affiliated companies Serrano Development Group (development services) and Serrano Asset Management (asset and property management). Pacific Empire Builders and Serrano Development Group were established in 2005 by Dan Mahoney and business partner Jason Tolleson. Serrano Asset Management commenced operations in 2013. Headquartered in Glendale, CA, the trio of Pacific Empire Builders, Serrano Development Group and Serrano Asset Management provide full service real estate development, construction and asset management services for its principals, partners and clients on residential and commercial projects in the Greater Los Angeles Area and select locations throughout the United States.

Dan began his career as a Project Controls Engineer on multiple environmental cleanup and civil infrastructure projects around the United States with Bechtel Corporation, a global leader in engineering, construction and project management.  Prior to his graduate studies, Dan also spent time working as a manufacturing plant supervisor for a family business, Sioux City Brick Company in Sioux City, Iowa. Dan is a licensed Professional Engineer and Real Estate Broker in the State of California.

He is active on the Sioux City Brick Board of Directors, Housing Committee and Board of Directors for Skid Row Housing Trust and several homeowner’s association boards in Los Angeles, CA. Dan holds a Bachelor of Science in Environmental Engineering Summa Cum Laude from California Polytechnic State University San Luis Obispo and a Master of Business Administration from UCLA Anderson School of Management.

Services

Serrano Development Group, Inc. (SDG) is a multifaceted real estate investment and development company based in Glendale. Since its inception in 2005, SDG and its partners have developed multifamily, industrial, and retail projects throughout the southwestern United States. SDG collaborates with a seasoned team of design professionals, contractors and financial investors to make every project successful.  Drawing from a diverse resume of product types, SDG has extensive project experience.

The construction and engineering background of the partners allows for the development team to tackle complicated projects and collaboratively manage the design process. SDG consistently implements a development philosophy that integrates input early and often from the tenant, design consultants, general contractor, owner and development manager. The principals of SDG own a construction firm, Pacific Empire Builders, an essential tool in this process.

In addition to developing our own projects, SDG maintains several strategic joint venture and development clients. Along with turnkey development services, SDG often advises our partners in value-add and stabilized acquisitions.

Acquisition

Often incorporating value add strategies, SDG exploits its vertical integration to drive superior returns. An in-house brokerage, construction management, and property management team enables SDG to facilitate a below market cost structure. Time and time again, Serrano Development Group has provided a proven track record of identifying crucial acquisition opportunities for its investors and clients. The firm aims to continue its focus on acquiring property for development while maintaining and managing its current assets.

Project Approvals

Serrano Development Group stresses the importance of public/private partnerships while working closely with local communities to build sustainable and revitalizing projects that fit within their environment. We believe soliciting all stakeholders with early and earnest outreach is the best way to secure project approvals. Local outreach and an informative narrative give each project a reason for approval that benefits the end user. Our successful entitlement work ranges from subdivision approvals in Palm Desert for tract housing to a General Plan Amendment in Santa Rosa, with a robust resume of subdivisions for multifamily housing in Los Angeles.

Design Coordination

Throughout each stage of design, SDG is involved with everything from the first unit layout to the issuance of the building permit. Following our detailed and extensive Due Diligence, Serrano Development Group hires and oversees a hand selected design team that work closely with one-another to complete a drawing package ready for construction. The firms close relationship with the General Contractor and other seasoned subcontractors enables SDG to refine an aesthetically pleasing design in the most cost effective way possible that in turn benefits the overall performance and financial return of the asset.

Construction Management

Serrano Development Group stresses the importance of construction and an open relationship with the general contractor to complete a project as efficiently as possible. Beginning with the selection and retention of a project design team, Serrano Development Group will shepherd a project through the design process, construction and turnover. SDG has accumulated a deep pool of consultants, vendors and contractors with whom we have long term relationships. The result of this track record of performance is the ability to quickly assemble a seasoned project team and implement a wide variety of project types on time and on budget.