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We're a Los Angeles-based real estate investment firm specializing in the acquisition, development, rehabilitation, and management of multifamily and commercial properties throughout the U.S. Our investment philosophy is selective, hands-on, and driven by over 50 years of combined transactional and operational experience. We employ a fundamental value approach to investing and focus on select product types and geographic regions, with an emphasis on opportunities in major urban markets in the United States, including university housing and complex transactions. We purchase assets on behalf of our capital partners and investors and combined with our management expertise ensure that our investments perform at their highest level and generate attractive adjusted returns.

Who We Are


Our core team has more than 50 years and over $10 billion in transactional experience as principals in managing real estate across several types of properties and markets. Our owner-operator approach to creating value and managing assets aligns our interests with our capital sources and investors, as we strive for high integrity and intellectual rigor in everything we do.




Mr. Davila leads the strategic vision for Ashland Pacific including capital raise, investments and investor relations. With over 18 years of experience as a senior real estate executive overseeing finance, M&A, dispositions, development and capital markets transactions, Mr. Davila has been directly involved in approximately $17 billion of transactional value, across several asset classes and markets throughout the United States. Prior to Ashland Pacific, Mr. Davila served in several senior positions at OUE Americas; EVOQ Properties, Inc.; and MPG Office Trust (formerly Maguire Properties, NYSE:  MPG).


Mark T Lammas



Mr, Lammas serves as President for Hudson Pacific Properties, Inc. (NYSE: HPP), a publicly traded real estate investment trust with a portfolio of office and studio properties totaling nearly 19 million square feet on the West Coast including land for development. Its anchor tenants include Fortune 500 and leading growth companies such as Netflix, Google, Square, Uber, NFL Enterprises and more.  Mr. Lammas oversees HPP’s operations, finance, accounting and human recourse departments.  He previously served as COO and CFO for HPP.

Mr. Lammas previously served as COO and CFO for Hudson Pacific. Before Hudson Pacific, he served as General Counsel and an Executive Vice President for Maguire Properties, Inc. (NYSE:  MPG). Mr. Lammas has J.D. and Bachelor’s degrees from the University of California, Berkeley.

Shant Koumriqian



Mr. Koumriqian serves as Executive Vice President and Chief Financial Officer for Fairfield Residential Company, a fully integrated national multifamily platform providing development, construction, renovation, asset property management, and acquisition and disposition services with more than 42,000 units nationwide.  Prior to Fairfield, Mr. Koumriqian served as EVP and CFO for American Residential Properties, Inc. (NYSE: ARPI), a single-family rental REIT, which was one of the early platforms that institutionalized the single-family rental market following the 2008 financial crisis. While at ARPI, he raised $1.4 billion in debt and equity capital, including an initial public offering in 2013 and completed a merger with American Homes 4 Rent (NYSE: AMH) in 2016.


Before ARPI, he served as Executive Vice President and Chief Financial Officer for Maguire Properties, Inc. (NYSE: MPG).  He received a Bachelor’s degree in Business Administration from, cum laude, from CSU, Los Angeles.

What We Do




  • Deal size range $3-20 million

  • Office, Multifamily and Industrial focused

  • Core-Plus, Value-Add or Opportunistic  assets

  • Mixed-Use Redevelopment, Development, or Entitlement

  • Under-Managed or Under-Capitalized  Assets, including complex transactions

  • Strong Focus on West Coast & South West Markets



Seeking under-performing properties that can benefit from rehabilitation and re-positioning.


Strong management expertise gives us an advantage in handling property re-positioning and a keen eye towards finding intrinsic value in existing properties allows us to make any value-add project an improvement to the  surrounding neighborhood.


Experienced in land acquisitions, entitlements, and redevelopment of underutilized properties.



Over 20 years management experience in various markets, with a strong background in office, industrial and multifamily assets, including student housing.

A high-tech property management platform utilizing best-in-class technologies to provide outstanding service to our customers and partners.

Customer-centric strategy to management, with an owner-operator mentality.

Quality and transparent reporting ensures our performance is properly measured.



Ashland Pacific and Integrated Capital Management Form $150M Real Estate Joint Venture, First Acquisition Is $18M Student Housing Portfolio Around USC Campus

Ashland Pacific Adds Chelsea Chadwick from USC as Marketing Intern, Alec Feng from Michigan State University as Finance Intern

Media Contact:

Leasa Ireland
LPI Communications
(310) 750-7082

Our Partners
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