Mitch Bayat - Principal
mitch@netcoinvestments.com
310•998•8300
Career Summary
Mitch formed NetCo Investments, Inc.® to pursue value added acquisitions. Prior to this, Mitch Bayat was with Grubb & Ellis as a retail property specialist. Prior to Grubb & Ellis, Mitch was an owner and manager of strip centers and multi tenant properties in California and Texas. Mitch has also launched several businesses including a Round Table Pizza restaurant, chain of video stores, and a coin operated laundromat. Just prior to Grubb & Ellis, Mitch was active in the rehabbing and development of single family homes in San Fernando Valley, California.
Experience
Currently, Mitch is working on securing development and investment opportunities within the western states. Mitch represented owners on sale and leasing of shopping centers and apartment complexes since 1980. Just a few of the transactions he has successfully completed are as follows: The Home Depot [15 acres $ 9.8 million]; Braesrock Apartments [119 units at $2.5 million]; and Ardmore Manner Apartments [84 units at $4.5 million]. Mitch was involved with leasing on a new 300,000 square foot ground up shopping center anchored by The Home Depot and Food 4 Less and 5 neighborhood shopping centers in the Santa Clarita area with national tenants like Wendy’s, Starbucks, Pizza Hut, ARCO, Subway, and Supercuts. In addition to representing property owners, Mr. Bayat represented several national and regional retail tenants in locating sites either for lease or purchase. Some of these tenants included: Dollar Tree, 99¢ Only Stores, Pacific Bell, Sylvan Learning Centers, 7-Eleven Inc., El Torrito, and Off-Campus Bookstores. Mr. Bayat was also active in multiple commercial land listings in the Santa Clarita area geared towards new development. Overall, he was active in all of California for investment and leasing opportunities.
Education
Majority of Mr. Bayat's education has taken place in Europe; he has also attended New England College in New Hampshire with a degree in Business Administration.
Professional Affiliations / Accreditations
Mr. Bayat is a licensed California real estate salesperson. He is a member of the International Council of Shopping Centers (ICSC) and various other local real estate organizations.
Ray Bayat - Principal
ray@netcoinvestments.com
310•998•8300
Career Summary
Ray founded NetCo Investments, Inc.® along with Mitch Bayat in 2002 to pursue value added shopping center developments and investments. Prior to this, Ray was with Grubb & Ellis since September 1997. He was one of the top retail salespersons for Grubb & Ellis nationally, culminating in a Circle of Excellence performance for years 2000 through 2002. Prior to joining Grubb & Ellis, Ray was Leasing Manager for Newhall Land, the largest landowner in Los Angeles County. The company was involved in both residential and commercial development in Valencia, California. Ray was also an entrepreneur. He owned a franchised restaurant and two other retail businesses from 1988 through 1994.
Experience
Currently, Ray is working on securing development opportunities within the western states. NetCo Investments, Inc. has successfully acquired eight retail properties within the last several years, four of which were vacant when entering escrow and 100% leased at close of escrow. At Grubb & Ellis, Mr. Bayat was active in the Valencia market with over $100 million in commercial land listings, 300,000 sq. ft. of retail leasing, and numerous investment transactions. He was also a member of the leasing team for the 300,000 sq. ft. Chesterfield Square in urban Los Angeles. At Newhall Land, Ray was responsible for leasing an existing portfolio of office and retail properties in excess of 700,000 square feet. Additionally, he was responsible for market research, financial analysis, and leasing analysis for the development of neighborhood and community shopping centers. With an extensive background in commercial land sales, Mr. Bayat was intimately familiar with entitlement issues and was solicited in the Southern California market for evaluation, marketing, and feasibility studies of large land holdings.
Ray has had experience in transactions with major companies such as Wal-Mart, Home Depot, Lowe’s, Food 4 Less, Albertson’s, Target, Sav-On Drugs, Walgreens, Rite-Aid, Office Max, Office Depot, 99¢ Only Stores, Big 5, Ross Dress For Less, Factory 2 U, Levitz, Dollar Tree, Starbucks, Baskin Robbins, Togo’s Sandwiches, Don Pablo’s Restaurants, Buca Di Beppo, Market Broiler, Mimi’s Café, In-N-Out, Panda Express, Tommy’s, Del Taco, America’s Tire Company, ARCO, 7-Eleven, Subway, and various other regional tenants. Additionally, he has been involved in transactions with Newhall Land, Archon Group, Hopkins Real Estate Group, Fairfield Residential LLC, The Hanover Company, Investment Development Services, Westrust, Katell Properties, Read Investments, Home Savings of America, Washington Mutual, and Great Western Bank. Ray has also been involved in the disposition of a portfolio of former bank branches, as well as loan workouts on several retail strip centers.
Education
Mr. Bayat graduated May 1996 from the University of Southern California with dual masters degrees in Business Administration (Real Estate Finance Concentration) and Real Estate Development. He received a Bachelor of Arts Degree in Psychology from the University of California, Santa Barbara in March 1991.
Professional Affiliations / Accreditations
Ray Bayat is a California licensed broker. He is a member of the International Council of Shopping Centers, LUSK Center for Real Estate, University of Southern California Real Estate Alumni, Vistage (the World’s Leading Chief Executive Organization), and a graduate member of the distinguished Rainmaker U program.
April Graham - Senior Associate
april@netcoinvestments.com
310•998•8300
Career Summary
April Graham began her career at NetCo Investments, Inc.®, as an intern responsible for office administrative duties and assisting in the acquisition of investment properties. Upon completing her studies at the University of California, Los Angeles, Ms. Graham officially joined NetCo Investments® in 2005 as a Marketing Associate. In 2007, Ms. Graham was given the title Senior Associate. Prior to her real estate experience, April spent several years at an established law firm. In addition, Ms. Graham worked in the event productions industry, serving as Co-Producer at one of Southern California's most premiere Jazz & Reggae festivals. Both professional experiences provided April with essential negotiation and communication skills, which have proven beneficial in the real estate industry.
Experience
Ms. Graham is currently responsible for coordinating the marketing and leasing activities for NetCo Investments®. In addition, Ms. Graham is responsible for property management, overseeing the due diligence process, market research, analyzing acquisition submittals and managing the front office.
Education
Ms. Graham received a Bachelor of Arts Degree in Psychology at the University of California, Los Angeles.
Professional Affiliations / Accreditations
Ms. Graham is a licensed California real estate salesperson. She is a member of the International Council of Shopping Centers (ICSC),UCLA Real Estate Alumni Group (UCLA REAG) and the 2009 & 2010 Vice President of the Association of Corporate Real Estate Executives (ACRE).
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