Pacific Star Capital owes its success to the hard work of its employees and principals. Pacific Star Capital has personnel in several states fulfilling a variety of acquisition, management and leasing roles. The resumes of its three active principals are set forth below.
Aria Mehrabi, Ph.D. – Principal
Aria Mehrabi is a principal of Pacific Star Capital with over 20 years of operating experience in real estate. Aria began his career in commercial real estate, as Vice President of Acquisitions for an opportunity fund, RPD Catalyst, where he conducted acquisitions in commercial real estate deals, including stabilized and value added office and industrial projects in 20 different markets across the US. Prior to RPD, Dr. Mehrabi worked privately in the residential multi-family sector and developed and sold multiple housing tracts and a portfolio of condo projects in Southern California. Prior to joining the real estate industry, Aria worked as a risk consultant to the RAND Corporation and also lectured on international economics at Georgetown University. His op-eds and articles have appeared in the International Herald Tribune and other major publications. An advocate for women's empowerment and security, he has been an annual contributor to the Protection Project of Johns Hopkins, an organization devoted to halting the practice of female trafficking across the world.
Aria received his Ph.D. from Johns Hopkins University, School of Advanced International Studies (SAIS), with a focus in economics, studying international monetary theory. He received his Masters in Real Estate Development from The University of Southern California (USC), and his BA degree from The University of California, Berkeley. He is a member of the Urban Land Institute, serves on the Executive Board of the Lusk Center for Real Estate at USC, and is a member of the Advisory Board of the Johns Hopkins University (SAIS). Dr. Mehrabi also holds the designation of Chartered Financial Analyst (CFA).
David S. Walker – Principal
David Walker, a principal of Pacific Star Capital began his real estate career in 1990 in the structured finance side of the business. In 1994, David joined Nomura Securities in New York and subsequently moved to Los Angeles to co-head the Western Region loan origination effort where he went on to originate in excess of $5 billion in debt and equity investments over a 5-year period. David went on to establish the Los Angeles office of CDC Mortgage Capital where he helped to position CDC as an innovator in the CMBS market. In 2002, after 3 years at CDC, David moved to Bear Stearns in Los Angeles where he became Managing Director and group head for large loan originations of the Los Angeles office, responsible for originating over $1 billion in debt per year for 2 consecutive years. In 2003, David co-founded Pacific Star Capital with Aria Mehrabi and Ethan Penner with the objective of identifying real estate investment opportunities across the United States. David briefly stepped away from the day-to-day operation of Pacific Star in 2007 to become president of JRK Birchmont Advisors and its $203 million private equity fund, Birchmont Capital Partners I. In his capacity as president of the fund division, David was responsible for leading a team that invested in 13 separate real estate investments ranging from multifamily to office properties, worth an estimated $1 billion. David returned to Pacific Star to rejoin with co-founder Aria Mehrabi to focus on operational oversight of the firm as well as capital markets activities for the firms investments.
David holds a Bachelor of Science in Management from Tulane University in New Orleans. He also a member of Cedars-Sinai Board of Governors and is active alongside his wife in fund raising for cancer research through their annual Pink Party.
BRETT C. WOOD - Vice President
Brett joined Pacific Star Capital in 2007 and leads the management team responsible for asset and property management and day-to-day operations of the company’s real estate holdings. Prior to joining Pacific Star Capital, Brett was with Robertson Properties Group (“RPG”) for sixteen years. Primarily, Brett was responsible for leasing and property management for RPG’s extensive commercial portfolio consisting of approximately five million square feet of gross leasable area across eight (8) states. The portfolio included office buildings, grocery anchored centers, big box anchored and lifestyle centers. Prior to Robertson Properties Group, Brett was with Decurion Corporation for an additional eleven years. Brett is a member of Building Owners and Management Association, Urban Land Institute, Institute of Real Estate Management, and International Council of Shopping Centers. He has served on the Board of Directors of the Hollywood Entertainment District and on the Board of Directors of the Central Hollywood Coalition. A native of Los Angeles, Brett graduated from UCLA with a B.A. in History.
DARIUS A. BAGHAI - Vice President
Darius joined Pacific Star Capital in 2013 and is a business executive and attorney with extensive corporate and private equity transactional experience, and a corporate and intellectual property law background. He has been a business development and sales executive in several technology companies, and has structured private equity and venture capital deals as a principle of Corbis Ventures and a founding member of the Corbis & Ferrum law firm. With a degree in Cybernetics from UCLA and a J.D. from Pepperdine University Law School, he has had the expertise to participate in or advise ventures ranging from real estate and corporate buy-outs to software and biotech. Such deals include a $100M Romanian Biotech IPO in which investors of Corbis Ventures made a 10X return, online education and application start-ups, and commercial real estate deals. As Executive Vice President of Eyematic Interfaces, a facial recognition company, Mr. Baghai helped raise equity financing and structured the company’s sales strategy. He has been an executive at MicroStrategy, Inc. before its IPO, a founding executive of Angel.com (which was recently sold for $350M), and was a federal law clerk at the Ninth Circuit Bankruptcy Court.
JEFFREY P. CAIRNEY Senior Associate
Jeff joined Pacific Star Capital in 2013 to lead the acquisitions department. He began his real estate career in 2009 with Pacific Medical Buildings, a Southern California-based healthcare developer. As a Senior Analyst, he provided underwriting for over 200 leases transactions comprising over 500,000 SF with gross revenues in excess of $60 million. Jeff also assisted in multiple REIT recapitalization transactions between 2009 and 2011 with an aggregate value of over $420 million. Prior to joining PacStar in 2013, Jeff worked as an Asset Manager for BridgeBilt where he managed a portfolio of 75 single family homes, he also served as an analyst developing models analyzing various debt and equity structures to assist executives with strategic planning, operations, and new business development. Jeff graduated in 2009 from San Diego State University with a bachelor’s degree in Business Administration, Management. He also holds certificates in Real Estate Finance, Investments and Development, and Entitlement, Development and Design from the University of San Diego. Jeff has been an active member in the Urban Land Institute (ULI) since 2010.