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Business Details
25 Years
experience
Your Trusted Partner for Real Estate Development Solutions
Since 2001, Makar Properties has established itself as a leader in real estate development, management, and investment. Our team brings decades of combined experience in navigating complex entitlement processes, designing high-value projects, and delivering exceptional returns for institutional capital and high-net-worth investors. With a focus on residential, commercial, mixed-use, and hospitality properties, we leverage our national platform to identify and execute strategic opportunities in high-barrier markets. Our proven track record in managing over $2.0 billion in assets reflects our commitment to innovation, integrity, and long-term value creation. We specialize in transforming challenging coastal and urban sites into award-winning communities with sustainable infrastructure and premium amenities.

Our expertise spans the full lifecycle of real estate projects, from acquisition and entitlement to development, asset management, and disposition. By maintaining strong relationships with investors, municipalities, and industry partners, we ensure every project aligns with market demands and exceeds client expectations. Our leadership teams deep industry knowledge and hands-on approach distinguish us in a competitive landscape. We prioritize transparency, ethical practices, and client collaboration to build trust and deliver measurable results. With offices in Beverly Hills and a national footprint, we continue to expand our portfolio while upholding the highest standards of excellence.
Services
Residential Development Commercial Management Mixed-Use Projects Master Planned Communities Hospitality & Resorts
Details
  • Year established: 2001
Highlights and features
  • We have over 20 years of experience in real estate development and management.
  • Our team has managed $2.0 billion in assets across diverse property types.
  • We specialize in navigating complex entitlement processes in high-barrier markets.
  • Our proven track record includes award-winning residential and mixed-use communities.
  • We offer end-to-end services from acquisition to asset disposition.
Services
Residential Development
We develop luxury residential properties in high-barrier markets, including tract homes, custom estates, and coastal communities. Our expertise includes entitlements, design, and lot sales to third-party builders. We focus on creating sustainable, amenity-rich neighborhoods that meet market demands.
Commercial Management
We acquire, entitle, and manage commercial assets like Class-A office towers, industrial parks, and retail spaces. Our value-add strategies optimize returns through strategic leasing, tenant retention, and property upgrades in key markets.
Mixed-Use Projects
We specialize in high-density mixed-use developments combining residential, retail, and office spaces. Our projects integrate seamlessly into urban environments while navigating complex zoning and entitlement challenges.
Master Planned Communities
We create large-scale master-planned communities with residential units, retail spaces, and eco-friendly infrastructure. Our focus includes top-tier school systems, recreational amenities, and environmentally responsible design.
Hospitality & Resorts
We develop and manage boutique hotels, 5-star resorts, and convention centers. Services include deal sourcing, asset management, renovations, and financing for properties in prime locations.
People
Hadi Makarechian
Chairman
Hadi Makarechian leads strategic initiatives and long-term vision for Makar Properties, leveraging decades of experience in real estate investment and development.
Paul P. Makarechian
Founder & CEO
Paul P. Makarechian founded Makar Properties and oversees all operations, driving growth through his expertise in acquisitions, entitlements, and asset management.
Questions
What types of real estate projects does Makar Properties specialize in?
We focus on residential, commercial, mixed-use, master-planned communities, and hospitality properties across the U.S.
How long has Makar Properties been in business?
We have over 20 years of experience since our founding in 2001.
What areas do you serve?
We operate nationwide with a focus on high-barrier markets in California, Texas, Florida, and Montana.
What sets Makar Properties apart from competitors?
Our end-to-end expertise, $2B+ in managed assets, and success in complex entitlement processes distinguish us.