Rincon Partners, LLC ("Rincon") was formed in 2015 by four partners (John Pons, Chris Cameron, Jason Ottman and Kirk McAllaster), with experience working together building exceptional real estate companies. Collectively, they have over 60 years of experience in acquiring, developing, financing, managing and selling commercial real estate across multiple asset classes, with over $18 billion of real estate acquired and managed over their careers.
Since its inception, Rincon has acquired twelve multifamily properties and two self-storage developments with project values totaling over $250 million. Rincon has expanded its investment footprint and now owns properties in Phoenix, Tucson, San Antonio, Las Vegas and Charlotte MSAs. In 2018, Rincon hired a Director of Acquisitions and opened an office in Atlanta, GA in order to focus on investment opportunities in the Southeastern United States.
In 2017, Rincon established a vertically integrated property management company and began managing its first property, Arcadia Gardens, and now manages its Phoenix area multifamily properties.
Rincon has gone full-cycle on three of its acquisitions completing renovations, lease-up, stabilization and sale resulting in an average investor IRR of over 20%.