10M+ square feet developed · Master-planned communities, multifamily, mixed-use · San Francisco · Los Angeles · Denver · Washington, D.C.

Who we are

Vilkin Real Estate Partners is a partnership of senior development executives, each with decades of experience. Together we have developed more than 10 million square feet of institutional-grade real estate — master-planned communities, multifamily housing both affordable and market rate, and mixed-use projects pairing office and hotel with residential.

Our experience concentrates where projects stall: complex entitlements, public-private partnerships, and financing structures that have to be built rather than borrowed.

What we do

Complex entitlements

We take on sites where approvals are the binding constraint — contested rezonings, multi-jurisdiction review, and historic and environmental overlays. At The Baylands that meant taking 700 acres of closed landfill and rail yards through a community-approved Specific Plan, a ballot measure, and a development agreement vesting entitlements for 25 years.

Public-private partnerships

We structure work between developers and public agencies where neither side can move alone. In Oakland that meant stabilizing a downtown without displacing a single existing resident — a plan that became the basis of the Mayor’s 10K Plan to bring 10,000 residents downtown.

Complex financing

We build capital structures where conventional ones don’t reach: tax increment districts, Community Facilities Districts, Enhanced Infrastructure Financing Districts, land option agreements, and historic tax credits. Stapleton alone required more than $1 billion in environmental cleanup and infrastructure. At The Baylands we established a utility-scale battery storage project carrying more than $300 million of its own financing.

The partners

Each of our partners has held senior operating responsibility at institutional scale — running development platforms, delivering construction programs, or managing capital for institutional owners.

We have worked together for decades, across multiple firms. Projects are executed by teams, not by collections of individuals — and this team knows its own strengths, where each of us needs support, and how the group performs when a project gets difficult.

Greg has spent four decades leading institutional development platforms, most recently as CEO of The Baylands Development Company, and previously led Forest City’s western U.S. business, including the 4,700-acre Stapleton redevelopment.
  • Managing Partner

Dirk leads execution and project management across all VREP projects. A Cornell-trained civil engineer, he spent more than a decade leading development at MacFarlane Partners.
  • Operating Partner

A licensed structural engineer, Antonio has managed more than 6 million square feet and $3 billion of construction, including the Hotel and Residences at L.A. Live.
  • Partner

  • Design & Construction

Eric works across real estate finance, land, and critical infrastructure. As Vice President of Capital Markets at The Baylands Development Company, he arranged $50 million in project financing.
  • Partner

  • Finance & Acquisition

Jeff has more than 35 years in real estate and has directed over $2 billion of development across more than 20 projects, including Park Fifth in downtown Los Angeles.
  • Partner

  • Southern California Development

  • Partner

  • Asset Management

  • Affiliate

  • Master Planning and Architecture

Capabilities

Real estate development, investment management and advisory services.

Real Estate Development

We offer flexible partnership structures tailored to each client’s needs, providing either development services for a fee or co-development opportunities where we invest alongside our partners.

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Advisory

Revitalization and sustainability strategies for cities and public agencies — turning underused urban cores into mixed-use districts with round-the-clock activity.

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Track Record

Selected projects. Roles range from master developer to fee developer to capital partner, noted on each. Includes projects led by our partners at prior firms.

Los Angeles, California
Market: Los Angeles
Type:
Mixed-Use, Multifamily, Hotel
Role: Development Partner
Oakland, California
Market: S.F. Bay Area
Type:
Mixed-Income Multifamily
Role: Developer
Los Angeles, California
Market: Los Angeles
Type:
Adaptive Reuse Multifamily (Condominium Conversion)
Role: Developer
San Francisco, California
Market: San Francisco
Type:
Multifamily
Role: Developer

Case Studies

Four projects, each showing the same thing: what the constraint was, how we structured around it, and what it produced.

4,700 acres and $3.4 billion delivered. 12,000 homes, 31 schools, 10x return on peak investment.

1,001 hotel rooms, 200,000 square feet of convention space, and 220 branded condominiums.

700 acres of closed landfill and rail yards entitled for 4,000 homes, 7 million square feet of commercial space, and 150 acres of parks.

A downtown stabilized without displacing existing residents. 1,000 units and 200,000 square feet of retail re-tenanted.

Contact

VREP Contact Form