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Beverly Park Group Names New Managing Principal to Grow Self-Storage Portfolio

Article-Beverly Park Group Names New Managing Principal to Grow Self-Storage Portfolio

The Beverly Park Group, an investment platform focused on real estate assets including self-storage, has named James Hanrahan as a managing principal. In this role, he’ll focus on developing the company’s self-storage portfolio, according to a press release.

Hanrahan has more than 20 years of real estate investment experience and has participated in the acquisition and disposition of more than 250 self-storage facilities. He’s a co-founder of RHW Capital Management Group, which operates the Store Here Self Storage brand.

Hanrahan began his career with self-storage real estate investment trust Public Storage Inc. He was also a director and investor for A-American Self Storage for nine years, and then director of operations for Platinum Storage Group. While at Platinum, he was responsible for the navigation and integration of a 100-plus facility portfolio and had direct oversight of all field operations, supervisory staff and sales strategies.

Hanrahan also served five years on the board of directors for the California Self Storage Association. He earned a bachelor’s degree from Loyola Marymount University.

“This move puts me back together with my good friend and long-time business partner, William Lappas,” Hanrahan said. “Bill has been involved in almost every transaction that started and helped RHW Capital/Store Here grow as rapidly as we did. Together with Robert Lee and Greg Martinez, we plan to buy quality self-storage assets in a multitude of markets along with our private-equity and institutional-equity partners.”

Beverly Park was originally formed to manage the real estate portfolio for a West Coast-based family office and grow assets under management. Its principals have more than 20 years of commercial real estate experience including agriculture, healthcare, industrial, land development, multi-family housing, office buildings, self-storage, shopping centers and vineyards.

Source:
The Beverly Park Group, Website