A sound real estate investment strategy recognizes the cyclical
nature of the market. It requires both a commitment to
pricing discipline during property aquisition as well as a
willingness and ability to move quickly when a value-enhancement
program has been completed. This methology has proven
successful through several real estate cycles, providing
attractive risk-adjusted returns for Calvano Development, our
investors and our partners.
Utilizing Debt Appropriately
Calvano Development believes leverage should be employed at a
level that provides a meaningful enhancement to investment
returns without being so large that a fundamentally sound asset
is jeopardized during periods when leasing markets soften or
capital markets become constrained.
Staying True to Values
The formation of long-lasting relationships with clients,
partners, and investors is of paramount importance to our
company. At the core of any deal or relationship is a
focus on honesty and transparency.
A native to Silicon Valley, Mark Calvano started his real estate
career at Marcus and Millichap in 1986. Since then, Calvano has
been involved in every facet of commercial real estate, including
sales, leasing and asset management of industrial R&D, retail
and office projects, and value-added development. Over the
last 25 years, Calvano has been involved in the sale or leasing
of projects totaling over 1.8 million square feet of office,
retail and R&D projects valued at over $300 million.
