Presidio Bay Ventures
160 Pacific Ave Suite 204, San Francisco, CA, 94111, United States
Overview
Presidio Bay Ventures is a commercial real estate investment and development firm focused on the design, construction, and long-term operation of a diverse set of product types for private and public sector tenants across the United States. The firm makes early-stage investments in companies that provide products or services to the real estate, government, finance, consumer, workflow/project management, security, design, construction, and analytics industries. Presidio Bay Ventures was founded in 2012 and is headquartered in San Francisco, California.
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 1
Sector focus
- Commercial
- Financial Services
- Real Estate
- Real Estate Investment
Investment portfolio
- AvantStay
Participated · Equity · Dec 2018
AvantStay operates a technology-enabled short-term rental platform focused on group travel and premium, design-forward vacation homes. The company manages over 1,000 properties in 100 cities and reports more than $2 billion in assets under management. Its offering combines hospitality, design, and real-estate services to deliver turnkey stays while generating higher yields for property investors. AvantStay intends to use fresh capital to expand its portfolio and enter additional markets, further institutionalizing short-term rentals as an investable asset class. In December, the company announced a Series B round backed by Tarsadia Investments, 3L Capital, and Saluda Grade. The latest raise deepens AvantStay’s partnership with real-estate advisory firm Saluda Grade, positioning the startup to accelerate growth and broaden its footprint in the burgeoning STR sector.
Team
K. Cyrus Sanandaji
Founder, CEO and Managing Director
LinkedIn