The Wayans-Pacifica Urban Investment Partnership was founded as a collaboration between Pacifica Capital Group and the Wayans Brothers, the renowned television and film actors and directors with very strong brand recognition and a demonstrated, deeply vested interest in the success of urban areas. Wayans-Pacifica is focused on investing and developing in urban areas in Los Angeles and New York.

Keenen Ivory Wayans and Britten Shuford founded the partnership and serve as Co-Managing Partners. Since 2006, the partners strongly believed that the real estate fundamentals were materially out of balance and prices had risen to severely overvalued levels. Therefore, Wayans-Pacifica chose not to invest or develop. The partnership is now ideally positioned to capitalize on the growing opportunities in the current distressed urban real estate market.

Successful real estate investment and development in urban areas requires both credibility in the marketplace and the ability to execute on every phase of the investment process; skills in market identification, site selection/acquisition, development, and sale or leasing are all needed. Having this skill set allows Wayans-Pacifica to create impressive short-term value with long-term sustainability.

In addition, the Wayans-Pacifica team has a unique combination of attributes that includes not only competence in conducting complex real estate endeavors but also the ability to cultivate exceptionally strong relationships within the community and government bodies of urban areas. Wayans-Pacifica's market positioning and expertise allows it to access unusually good opportunities for effective investment.

The Wayans-Pacifica Urban Investment Partnership serves as a vehicle through which institutional and private investor capital can penetrate the urban marketplace and achieve superior investment returns. Wayans-Pacifica seeks to create value by investing in opportunities that address the supply and demand imbalance in urban markets. The market inefficiencies and high barriers to entry found in urban areas reduce investment risk. The partnership's highly disciplined investment approach and risk-averse strategy provide further risk mitigation.