San Diego Bay and the downtown skyline at dusk
Real Estate Capital Placement · San Diego

Equity for shovel‑ready San Diego development.

Habib Capital connects family offices and institutional investors with ground-up projects that are priced, designed and ready to build, delivered by contractors with a century of local work behind them.

San Diego & the WestMarket focus
LP & JV EquityCapital we place
Since 1905Construction partner
Our Approach

Fewer deals. Better information.

Habib Capital is a San Diego placement firm working across Southern California, Nevada, Arizona and Washington. We work on a small number of development opportunities at a time and bring each one to investors only once the fundamentals are in hand: site control, a design team, contractor pricing and a defined capital stack.

Our sponsors and builders are established Southern California firms. Our investors are family offices and institutions in the United States and the Gulf who want direct exposure to coastal California housing without having to source and vet projects themselves.

Every introduction comes with the documents a serious investor asks for first, organized in one data room, and a direct line to the people building the project.

Architectural site plans and elevations on a conference table
Services

What we do

01

Equity Placement

LP and joint venture equity for ground-up multifamily, student housing and mixed-use projects, matched to investors whose mandate fits the deal.

02

Investor Materials

Offering summaries, data rooms and diligence packages built from the sponsor's actual numbers: GC pricing, entitlements, schedule and sources and uses.

03

Cross‑Border Capital

Introductions between California sponsors and Gulf family offices, with the context both sides need to move from first meeting to term sheet.

04

Sponsor Advisory

Help for developers and builders preparing a raise: positioning the project, structuring the ask, and choosing which capital to approach first.

Current Pipeline

Six opportunities. Over $800M in total capitalization.

Ground-up multifamily, mixed-use and hospitality in San Diego and Las Vegas, each with contractor pricing in hand. Names, locations and terms are shared under NDA.

$800M+Total capitalization
1,800+Homes planned
6Active opportunities
2Shovel ready today

See All Opportunities

Investment Criteria

What we place, and for whom

Product

Ground‑up multifamily, mixed‑use and select hospitality. Podium and high‑rise construction.

Markets

San Diego County is our home market. We also place capital in Southern California, Nevada, Arizona and Washington.

Stage

Entitled through shovel ready, with contractor pricing completed before we take a project to investors.

Structures

LP equity, co‑GP and joint venture equity, and preferred equity.

Check sizes

From $5M for LP positions to $100M+ for lead joint venture partners.

Investors

Family offices, private equity and institutions in the United States and the Gulf. Accredited investors only.

Why San Diego

A structural shortage of housing, and fewer new units coming.

San Diego combines some of the highest barriers to homeownership in the country with a construction pipeline that is shrinking from its peak, while renters keep absorbing new supply.

17%

of county households can afford the median-priced home.

California Association of Realtors, 2025
171,685

new homes the region is required to plan for this housing cycle.

SANDAG, 2021 to 2029 RHNA
~2/3

of the pace the City of San Diego needs to meet its housing goal, based on 2024 permits.

inewsource, city housing reports, 2026
2.95%

of rental inventory under construction, down from a 4.00% peak in 2024.

Matthews, Q2 2026
+16%

net apartment absorption year to date, while new deliveries fell 12%.

Kidder Mathews, Q3 2026
$61.3B

regional economic impact of the military, 22% of the region's economy.

UC San Diego Rady School / SDMAC, 2025
Podium apartment building under construction in San Diego
Construction Partner

Built by T.B. Penick & Sons, in San Diego since 1905.

Our current pipeline is sourced through T.B. Penick & Sons, a San Diego general contractor working across multifamily, hospitality, healthcare and higher education. Projects arrive with GC pricing already completed, so investors underwrite real construction numbers instead of estimates.

US Grant HotelSan Diego Convention CenterUCSD Jacobs Medical CenterMarriott Marquis & MarinaSeaWorld San Diego590+ projects since 1905
Conference room overlooking the city at dusk
For Investors

How an introduction works

Materials are shared with qualified investors under NDA. There is no cost to the investor for our introduction.

Introductory call

We learn your mandate: check size, structure, hold period and the product types you want.

NDA and summary

You receive a short summary of the opportunities that fit, with the sponsor and builder named.

Data room

Full access to plans, GC pricing, entitlements, pro forma and the sources and uses.

Sponsor meetings

Direct sessions with the developer and contractor, a site visit, then your own diligence through close.

Contact

Request materials

Tell us about your mandate and which projects interest you. We reply personally, usually within one business day.

Emailsam@habibcap.com
OfficeSan Diego, California

Offering materials are provided only to qualified investors under NDA.