{"id":1004148814,"date":"2016-07-26T22:45:12","date_gmt":"2016-07-27T06:45:12","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004148814"},"modified":"2022-12-06T21:43:08","modified_gmt":"2022-12-07T05:43:08","slug":"top-cre-executive-launches-pendulum-property-partners","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/top-cre-executive-launches-pendulum-property-partners\/","title":{"rendered":"Top CRE Executive Launches Pendulum Property Partners"},"content":{"rendered":"<p><em>By Alexandra Pacurar<\/em><\/p>\n<div id=\"attachment_1004148819\" style=\"width: 210px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/07\/Pendulum_Kevin_Hayes.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004148819\" data-attachment-id=\"1004148819\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/top-cre-executive-launches-pendulum-property-partners\/pendulum_kevin_hayes\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/07\/Pendulum_Kevin_Hayes.jpg\" data-orig-size=\"1417,2125\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;8&quot;,&quot;credit&quot;:&quot;Dane Sanders&quot;,&quot;camera&quot;:&quot;Canon EOS 5D Mark II&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1333725452&quot;,&quot;copyright&quot;:&quot;\\u00a92010 Dane Sanders&quot;,&quot;focal_length&quot;:&quot;85&quot;,&quot;iso&quot;:&quot;100&quot;,&quot;shutter_speed&quot;:&quot;0.008&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Pendulum_Kevin_Hayes\" data-image-description=\"&lt;p&gt;Kevin Hayes, Founder &#038; Managing Partner at Pendulum Property Partners&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;Kevin Hayes, Founder &#038; Managing Partner at Pendulum Property Partners&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/07\/Pendulum_Kevin_Hayes.jpg?w=683\" class=\"wp-image-1004148819 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/07\/Pendulum_Kevin_Hayes.jpg\" alt=\"Kevin Hayes, Founder &amp; Managing Partner at Pendulum Property Partners\" width=\"200\" height=\"300\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/07\/Pendulum_Kevin_Hayes.jpg 1417w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/07\/Pendulum_Kevin_Hayes.jpg?resize=200,300 200w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/07\/Pendulum_Kevin_Hayes.jpg?resize=768,1152 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/07\/Pendulum_Kevin_Hayes.jpg?resize=683,1024 683w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/07\/Pendulum_Kevin_Hayes.jpg?resize=1024,1536 1024w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/07\/Pendulum_Kevin_Hayes.jpg?resize=1366,2048 1366w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/07\/Pendulum_Kevin_Hayes.jpg?resize=150,225 150w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/07\/Pendulum_Kevin_Hayes.jpg?resize=300,450 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/07\/Pendulum_Kevin_Hayes.jpg?resize=696,1044 696w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/07\/Pendulum_Kevin_Hayes.jpg?resize=1068,1602 1068w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/07\/Pendulum_Kevin_Hayes.jpg?resize=280,420 280w\" sizes=\"auto, (max-width: 200px) 100vw, 200px\" \/><\/a><p id=\"caption-attachment-1004148819\" class=\"wp-caption-text\">Kevin Hayes, Founder &amp; Managing Partner at Pendulum Property Partners<\/p><\/div>\n<p><strong>Irvine, Calif.<\/strong>\u2014Kevin Hayes, former senior vice president for <a href=\"https:\/\/www.lpc.com\/\" rel=\"nofollow noopener\" target=\"_blank\">Lincoln Property Co.<\/a>, has established <a href=\"https:\/\/pendulumpp.com\/\" rel=\"nofollow noopener\" target=\"_blank\">Pendulum Property Partners<\/a>, a fully integrated real estate firm that owns, operates, develops and manages commercial and <a href=\"https:\/\/www.multihousingnews.com\/\" rel=\"nofollow noopener\" target=\"_blank\">multifamily<\/a> assets. Based in Irvine, Calif., the company already has a rich portfolio, consisting in 2.8 million square feet of office, retail and industrial spaces, and more than 800 apartments in San Francisco, Los Angeles, Orange County, Hawaii and Las Vegas. Pendulum focuses on value-add investments in Southern California, primarily.<\/p>\n<p>\u201cWe formed Pendulum because we believe there is a significant buying period in front of us and we want to be prepared for the opportunity. We are a small, knowledgeable group of individuals that each offer more than 15 years of institutional experience and bring senior level capabilities and an ownership mindset to the changing marketplace,\u201d Kevin Hayes, founder &amp; managing partner at Pendulum, said in a prepared statement.<\/p>\n<p>The team at Pendulum has successfully acquired, redeveloped, repositioned and managed more than 10 million square feet of commercial real estate product in the last eight years. \u201cOur mission is to build a best-in-class operating and investment platform in all major west coast markets in commercial and multifamily product types,\u201d Hayes said. He is overseeing investment and asset management activities for Pendulum.<\/p>\n<p>The team at the Irvine-based real estate firm also includes Brian Walker, partner and spearheading acquisitions; Courtney Parks, director of property and construction management; and Bryan Russell, senior associate of acquisitions and finance.<\/p>\n<p>Pendulum services include: acquisitions and dispositions, asset management, property management, and development.<\/p>\n<p><em>Image courtesy of Pendulum Property Partners<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The fully integrated real estate firm enters the industry with a 3.4 million-square-foot portfolio and a team of industry seniors.<\/p>\n","protected":false},"author":236,"featured_media":1004148819,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21781,1594,21742,21744,15],"tags":[],"class_list":["post-1004148814","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-corporate-real-estate","category-los-angeles","category-latest","category-people","category-west"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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