$
5.4
Billion Dollars
of Project Value
5.8
Million Sq. Ft.
of Development
39
Projects
Across Eight States

Team

K. Cyrus Sanandaji

Founder, Managing Principal

K. Cyrus Sanandaji is the Founder and Managing Principal of Presidio Bay Ventures, where he leads a $5.4 billion portfolio spanning 5.8 million square feet across 39 assets. Under his leadership, the firm focuses on three core product types: mission-critical, commercial, and high-density infill housing. Presidio Bay pursues both acquisition and development opportunities across these sectors, from value-add repositioning to ground-up projects, which often converge within the firm’s large-scale mixed-use master plans. Cyrus oversees all aspects of strategy, operations, and team leadership, ensuring every project embodies Presidio Bay’s commitment to visionary placemaking, thoughtful design, and civic impact.

Guided by the belief that vision meets place, Cyrus has championed the firm’s “Flight to Experience” thesis, reimagining how people live, work, and connect through hospitality-driven development. This philosophy also inspired the creation of The Main Post, Presidio Bay’s third-party real estate services platform, which scales more than a decade of expertise in property and asset management while extending hospitality principles across all facets of the firm’s work.

A dedicated civic leader, Cyrus co-founded the welovesf movement, helping rally San Francisco out of its “doom loop” and into a new era of optimism and momentum. Together with his business partner, Kabir Seth, he also leads the Presidio Bay Foundation, which supports community engagement, education, and opportunity through programs such as the Presidio Scholars initiative. For Cyrus, development extends beyond buildings; it succeeds only when it uplifts the community and leaves a lasting social legacy.

Cyrus earned his master’s degree from St. Antony’s College, University of Oxford, and graduated with highest honors in International Relations from UC San Diego. He holds professional designations including LEED AP (BD+C), CCIM, and PMP, and is fluent in five languages. An avid outdoorsman and adventure seeker, he spends his free time skiing, kite surfing, and exploring the Bay Area with his family.

Kabir Seth

Principal

Kabir Seth serves as a Principal at Presidio Bay Ventures, where he plays a pivotal leadership role across all aspects of the company’s operations. From business development and financial underwriting to entitlements, community engagement, asset management, and investor relations, Kabir brings strategic insight and a hands-on approach to shaping the company’s growing portfolio. His guidance extends across teams, helping steer internal culture and executional excellence, while also contributing to the firm’s long-term vision.

In addition to his leadership at Presidio Bay Ventures, Kabir is a co-founder of The Main Post, a sister company to Presidio Bay that is dedicated to hospitality-forward concepting, placemaking, strategic advisory, construction management, property management, and marketing. This new venture reflects Kabir’s commitment to reimagining the real estate experience through thoughtful design, experiential offerings, and operational rigor.

Kabir is also a Board Member of the Presidio Bay Foundation, a 501(c)(3) nonprofit established to harness Presidio Bay’s expertise and partnerships for lasting philanthropic impact across workforce development, education, civic engagement, and arts & culture.

Prior to joining Presidio Bay, Kabir was a member of the Structured Finance team at SolarCity, now a subsidiary of Tesla, Inc., where he structured over $300 million in asset-backed debt, including the first publicly rated securitization of solar asset receivables. He began his career in technology investment banking at GCA Global (now Houlihan Lokey), where he focused on private capital and M&A advisory work.

Kabir holds degrees in Economics and Mathematics from the University of California, Berkeley. Originally from Dubai, he now calls San Francisco home. When not working or spending time with family, he enjoys golf, running, surfing, and exploring the outdoors throughout the Bay Area.

Elizabeth Arce

Director of Portfolio Management, Managing Director

Elizabeth (Beth) Arce is the Managing Director at Presidio Bay, where she drives financial health, operational excellence, and strategic growth across the company. With 17 years of experience in real estate, portfolio, and property management, Beth is a core member of the leadership team whose impact goes far beyond any single function, overseeing portfolio strategy, property operations, finance, HR, business development, and organizational growth.

Beth leads and supports a growing team of internal professionals and external stakeholders, fostering Presidio Bay’s continued success. Before joining Presidio Bay, she was Director of Real Estate at Monarq, Inc., where she led the strategic oversight and management of the firm’s office and industrial portfolio. Prior to that, she held property and asset management roles at Jones Lang LaSalle and the U.S. General Services Administration, managing a portfolio of 45 federally owned properties.

She holds a bachelor's degree in business administration and a California Real Estate Salesperson’s license. Outside of work, Beth enjoys hiking, tennis, horseback riding, and time in the mountains.

Brianna Arduca

Program Manager - The Presidio Bay Foundation

Brianna Arduca is a Program Manager at Presidio Bay Ventures, where she leads community engagement efforts through the Presidio Bay Foundation. In this role, she oversees the Foundation’s signature initiatives, including the Summer Scholarship Program, with a focus on advancing equity, access, and opportunity through place-based partnerships.

Brianna brings a background in nonprofit development, communications, and direct service. Prior to joining Presidio Bay, she led development and communications at Exhale to Inhale, where she oversaw national campaigns, donor engagement, and major fundraising events. Earlier in her career, she managed a homelessness casework program in Vermont and launched “Career from Here,” a workforce-readiness initiative supporting underserved communities.

She holds a B.A. in Political Science and English from the University of Vermont and is certified in trauma-informed care. Outside of work, Brianna enjoys hiking, baking, and yoga.

Matthew Berglund

Director of Design

Matthew Berglund serves as the Director of Design at Presidio Bay Ventures, overseeing all design, planning, and engineering processes from ideation to fruition. As an accomplished architect, Matthew is focused on the development of high-performing buildings and the elevation of design culture within organizations.

Matthew brings two decades of experience in comprehensive building design and active construction management to the firm. Prior to joining Presidio Bay, Matthew served as Associate Principal at Handel Architects in San Francisco, leading the design and execution of multi-family, hotel, and office projects with exceptional proficiency in urban mixed-use and high-rise developments. Prior to that, with Goettsch Partners in Chicago, he was instrumental in the establishment of the firm’s Middle East operation and the completion of significant projects in the region, including the Abu Dhabi Global Market Square.

Mr. Berglund holds a Master of Architecture degree from the Illinois Institute of Technology in Chicago. He is a licensed member of the American Institute of Architects, a LEED Accredited Professional, and a member of the Council on Tall Buildings and Urban Habitat.

Jason Celgarz

Asset Managment

Jason Ceglarz is an Asset Manager at Presidio Bay Ventures, where he oversees a diverse portfolio to ensure strong financial and operational performance. He brings deep expertise in asset management and capital planning, optimizing operations and driving long-term value.

Prior to joining Presidio Bay, Jason held senior roles at Signature Development and Shorenstein Properties, where he managed multi-family, office, retail, and hotel assets, led lease negotiations, oversaw financial performance, and implemented process improvements across complex portfolios. He also played a key role in major renovation projects and coordinated firm-wide strategy, budgets, and valuations.

Jason holds an MBA with an emphasis in Real Estate from the University of Southern California and a BSBA in Finance from the University of Colorado, Boulder. Outside of work, he enjoys the outdoors, golfing and skiing.

Romain Clerou

Property Management

Romain is a Property Manager at Presidio Bay Ventures where he is responsible for understanding the full picture of each asset including its physical and financial health, creating and maintaining positive tenant and vendor relationships, performing routine inspections, and managing vendor bidding and project timeliness. Curious and innovative, Romain has over six years of experience in property management.

Previously, Romain was an Assistant Property Manager at Jamestown Urban Management where he assisted in the day-to-day oversight of class A office space, ensuring timely and consistent collection of rents and prudent management of operating costs. He prepared yearly operating budgets for multiple projects to ensure a smooth operating process and identified potential liabilities in previous iterations. As a graduate of the University of San Francisco, Romain is a long-time local to the San Francisco Bay Area and a strong contributor to PBV’s dynamic team of innovative thinkers.

Lindsey Fisher

Director of Marketing

Lindsey Fisher manages Marketing & Brand Strategy, overseeing the firm’s corporate and individual project marketing including product positioning, branding, outbound messaging, public relations, and scholarship operations.

An integral part of Presidio Bay, Lindsey utilizes her network to strengthen and expand the firm’s portfolio and brings over 12 years of expertise in commercial property management, marketing, and ground-up development. She is a driving force in executing successful branding campaigns for Presidio Bay’s mixed-use, commercial, and residential development projects. In addition to managing Presidio Bay’s marketing, Lindsey works collaboratively to ideate, coordinate, and execute the company’s annual Presidio Bay Real Estate Development Scholarship Program, a philanthropic effort that was launched in 2021.

Prior to joining Presidio Bay, Lindsey served as a member of both the Development and Asset Management teams at Pacific Eagle Holdings, the U.S. division of a public Hong Kong-based builder, Great Eagle Holdings. Lindsey got her start in real estate at Cushman & Wakefield, where she managed one million square feet of Class A office and amenity retail in San Francisco’s Financial District.

When Lindsey is not working, she can be found running and hiking with her dog Benny or getting in a workout on her Peloton.

Liz Helmer

Acquisitions & Development

Liz Helmer serves on the Acquisitions & Development team and is responsible for driving new business development, project execution, asset management, and business operations. With 9 years of experience leading strategic initiatives, Liz’s expertise lies in leading projects and acting as a creative problem solver.

Most recently, Liz was the Investments Manager at Unico Properties where she focused on sourcing, capitalizing, and establishing and executing business plans on behalf of numerous investment vehicles and product types across the West Coast. Liz’s primary area of expertise lies in land assemblage, value-add and opportunistic developments, repositionings, or adaptive re-use of office, industrial, and mixed-use projects. Additionally, Liz has held a variety of positions within the industry including asset management and debt brokerage.

Liz earned a bachelor's degree in finance from Linfield University. When she isn’t working, Liz enjoys snow activities, hanging out with her dog, Kota, and being outside.

Catrina Lemesany

Project Executive, Design & Construction

Catrina Lemesany serves on the Design & Construction team and is actively involved in decision-making processes throughout construction and development phases, from entitlements to the design plans to create high density, mixed-use, in-fill and adaptive reuse commercial buildings.

Bringing more than 10 years of experience to her role, Catrina seamlessly coordinates with team members to ensure projects are successfully delivered on time and within budget. Specifically, Catrina excels at creating and implementing comprehensive construction management platforms and workflow procedures to ensure the team can efficiently share best practices and access project details.

Prior to joining Presidio Bay, Catrina served as a Project Manager at The CRE Group, where she represented real estate investment trusts and owners and was the lead on tenant improvement build outs.

Catrina received a degree in Interior Design from Arizona State University. When she isn’t working, you’ll find her baking or catching up on the latest interior design, furniture and architectural trends.

Harris Levin

Acquisitions & Development

Harris Levin is a member of the Acquisitions & Development team at Presidio Bay Ventures, where he focuses on acquisitions and the execution of investment and development projects, including entitlements and asset management. He has 12 years of real estate investment management experience across real estate private equity firms and vertically integrated investment and development firms. He has spent the past four years at Presidio Bay Ventures, working across office, life science, and multifamily projects. His experience spans ground up development, entitlements, and existing building acquisitions. He also oversees leasing, asset management, and investor relations for his projects.

Prior to joining Presidio Bay Ventures, Harris led Acquisitions and Asset Management for the West Coast region at Gemini Rosemont. In that role, he managed a $700+ million portfolio consisting of nine buildings across four investments totaling approximately 1.1 million square feet. Prior to Gemini Rosemont, Harris was an Assistant Vice President at Menlo Equities, where he was responsible for acquisitions and asset management across Northern California, the Denver metro area, and the Pacific Northwest.

Harris earned a double major in Economics and Mathematics from Pomona College in Claremont, California. He is a member of the NAIOP San Francisco and Silicon Valley chapters.

Courtney Levy

Corporate Administration

Courtney Levy serves on the Corporate Administration. As a highly dependable and organized professional, Courtney assists with important day-to-day tasks and projects for the firm, ranging from corporate document preparation and bookkeeping needs to meeting coordination and more. She loves the company culture at Presidio Bay and enjoys being a part of a thriving, passionate team.

Prior to joining the firm, Courtney served as the Director of Operations for a real estate agent that produced more than $27M annually in residential units sold at Berkshire Hathaway Home Services. Courtney was responsible for managing contracts for compliance, coordinating open houses, staging and the launch of new listings. She also functioned as the liaison between the client and agent, providing timely updates to the sellers on their home’s performance – an experience that was a turning point in her decision to pursue a career in real estate services.

Courtney received her bachelor’s degree in Exercise Science from Lebanon Valley College. She also holds an Intraoperative Neuromonitoring certification from the Bloomsburg University of Pennsylvania. Outside of the office, she enjoys the outdoors and running with her pup Maverik.

Heather Loizos

Accounting

Heather Loizos serves on the Finance & Accounting team. Heather oversees all day-to-day accounting for the firm, working with portfolio management, acquisitions and development and multiple accounting teams to handle financial statements, required filings and accounts payable and accounts receivable.

With over 20 years of accounting expertise, Heather has been integral in structuring the firm’s growing accounting needs and ensures that all of Presidio Bay’s finances are running smoothly. This includes maintaining well-kept records and staying ahead of the financial requirements needed for each property. Prior to joining Presidio Bay in 2012, Heather held various financial positions in mobile entertainment and golf course management.

Heather received a bachelor’s degree in Business Administration from the University of Arizona. When she’s not at work, Heather enjoys raising her two daughters, experiencing the outdoors and spending quality time with family and friends.

Tucker Marshall

Design & Construction

Tucker Marshall is a Design & Construction Manager at Presidio Bay Ventures, where he helps lead the firm’s design vision across its development portfolio. In this role, he oversees project approvals, architectural execution, and technical delivery, ensuring projects meet the highest standards of quality, performance, and place-based design.

With over a decade of experience, Tucker has worked across a wide-range of asset types – including multi-family, hospitality, adaptive reuse, and life science developments – bringing a collaborative, detail-oriented approach to every phase of design and construction. Prior to joining Presidio Bay, he served as a Senior Architect at Gensler, where he led large-scale corporate and life science renovations across the Bay Area. He has also held key roles at Handel Architects, HKS, and NBBJ, guiding projects from concept through construction with a focus on craft, efficiency, and team collaboration.

Tucker holds an MBA from the University of San Francisco, where he received the Dean’s Medal of Excellence upon graduation, and a Bachelor of Architecture from Cal Poly, San Luis Obispo. He is a licensed architect in the State of California, a LEED Accredited Professional, and an active member of AIA and ULI. Outside of work, he enjoys traveling, playing pickleball and softball, and spending time outdoors with his dog.

John Meany

Acquisitions & Development

John Meany serves on the Acquisitions & Development team at Presidio Bay Ventures, where he leads new business development, project execution, asset management, and business operations. Since joining the firm in 2022, he has played a key role in advancing several of Presidio Bay’s signature projects, including the acquisition of 345 Middlefield Road in Menlo Park, the lease-up and recapitalization of Ventana Residences in San Francisco, the acquisition of Olume, and the entitlement of Charleston Plaza in Mountain View, an 11-acre site now approved to move forward in the city’s formal planning process.

Before joining Presidio Bay, he served as an Assistant Vice President in Newmark’s Multifamily Capital Markets Debt & Structured Finance group, where he spent more than five years originating and underwriting loans through Fannie Mae, Freddie Mac, and other institutional capital sources. He holds a master’s degree in real estate from Georgetown University and a bachelor’s degree in economics from the University of Virginia. Outside of work, he enjoys playing tennis, skiing, and live music.

Nico Perez

Property Management

Nicolas Perez is an Assistant Property Manager. A solution-oriented team member, Nicolas is responsible for understanding the full picture of each asset including their physical and financial health, creating and maintaining positive tenant and vendor relationships, performing routine inspections, and managing vendor biding and project timeliness. 

Previously, Nicolas was an Assistant Property Manager at SOL Commercial in San Francisco for three years. He prides himself on finding innovative solutions to improve processes and customer experiences. Nicolas is a graduate of St. Mary’s College of California where he also earned his Master of Business Administration. In his spare time, he can be found in the air as he pilots fixed-wing aircrafts or volunteering with Create a Smile where he advises on digital marketing funding and volunteer strategies.

Jarek Romero

Accounting

Jarek Romero is the Accounting Manager at Presidio Bay. He handles a range of accounting responsibilities, including reporting, month-end closing, and managing accounts payable and accounts receivable, ensuring that all transactions are processed accurately and efficiently. Additionally, Jarek oversees leasing administration within the accounting system and plays a key role in budgeting and reforecasting to support financial planning and decision-making.

With over 13 years of experience in real estate accounting, Jarek is adept at tackling challenges and continuously expanding his expertise. In his previous roles, he successfully established the commercial accounting department and initiated the CAM (Common Area Maintenance) processing, including addressing backdated CAMs. He also streamlined the month-end closing process, showcasing his comprehensive expertise in various accounting functions.

Acknowledged for his problem-solving abilities and critical thinking, Jarek’s innovative solutions and keen eye for reducing unnecessary costs have made him a valuable asset to Presidio Bay in the field of real estate accounting.

Garrett Walton

Design & Construction

Garrett Walton is a Project Executive at Presidio Bay Ventures, where he leads design and construction efforts across the firm’s diverse development portfolio. He oversees projects through completion—managing design development, permitting, preconstruction, and construction to ensure exceptional quality and execution.

With more than twelve years of experience in ground-up development and large-scale renovations, Garrett has delivered impactful commercial, multifamily, and tenant improvement projects throughout the Bay Area. Before joining Presidio Bay, he served as a Project Manager at Maximus Real Estate Partners, where he directed design and construction for major residential communities, including the renovation of a 350-unit, 22-building apartment property in Menlo Park.

Garrett earned a bachelor's degree in construction management from California State University, Chico. Outside of work, he enjoys hiking with his wife and dog and exploring California’s campgrounds.

Dan Whelan

Acquisitions & Development

Dan Whelan serves on the Acquisitions & Development team at Presidio Bay Ventures, where he identifies and evaluates new investment opportunities and guides projects through every stage of development. With eight years of experience in real estate finance, construction, and development, he brings a well-rounded, solutions-oriented approach to his work.

Before joining Presidio Bay, he was a Senior Investment Analyst at Northmarq, where he structured more than $750 million in debt and equity across all major property types, and held roles with Greystar, Prometheus Real Estate Group, and Marcus & Millichap. He is also Founder and Chair of the Building Leaders Initiative, a nonprofit supporting the Housing Industry Foundation’s homelessness prevention programs in the Bay Area.

Dan holds a Master of Real Estate Development + Design from UC Berkeley and a Bachelor of Science in Finance from Santa Clara University. Outside of work, he enjoys surfing, woodworking, and time at the beach.

Sam White

Design & Construction

Sam White is a key lead in Presidio Bay Ventures’ Design & Construction department. Bringing his over 10 years of real estate development experience to the firm, Sam oversees a team of consultants and contractors to spearhead the delivery of development assets throughout the entitlement, design, construction, and occupancy phases.

Prior to joining Presidio Bay, White earned his foundational knowledge and expertise of the many development phases while working at public and private agencies such as USCB Planning Department, UCB Design & Construction Services, and Amec. Later transitioning to the private sector, White concentrated on project management while working for a boutique developer in Santa Barbara – subsequently launching his six-year journey as the Lead Project Manager for outdoor hospitality pioneer AutoCamp, where he developed five luxury properties across the US.

White earned his bachelor’s degree in Environmental Sciences from UC Santa Barbara, in Santa Barbara, California. He is a member of the real estate trade association Urban Land Institute (ULI), whose mission it is to shape the future of the built environment for transformative impact in communities worldwide.

Partners

At Presidio Bay we believe that success is rooted in our relationships and we pride ourselves on the long-standing relationships we have formed with our financial partners, tenants, and the communities in which we operate in and strive to improve.

Careers

Although there are currently no open positions, Presidio Bay welcomes the opportunity to discuss roles with potential candidates on an ongoing basis. Send a note to careers@presidiobay.com.

Presidio Bay is an equal opportunity employer and values diversity. All employment is decided on the basis of qualifications, merit and business need. Presidio Bay does not discriminate on the basis of race, religion, color, sex, gender identity, sexual orientation, age, non-disqualifying physical or mental disability, national origin, veteran status or any other basis covered by appropriate law.

AWARDS

Here are some of the many awards and accolades we have received for our developments and buildings. As always, we hope the places speak for themselves and bring our tenants and communities an incredible sense of place.

2026 CoStar Impact Award: 345 Middlefield Road

March 25th, 2026

345 Middlefield Road

2025 SF 100: City’s most powerful players – Cyrus Sanandaji

April 21st, 2025

Cyrus Sanandaji

2025 SFBT: 40 Under 40 – Kabir Seth

February 26th, 2025

Kabir Seth

2024 SFBT: Dealmaker of the year – Cyrus Sanandaji

March 28th, 2024

Cyrus Sanandaji

2024 CoStar: Impact Award – 88 Spear

March 27th, 2024

88 Spear

2023 Mutli Housing News: Excellence Award – Most effective DEI Program

December 1st, 2023

Presidio Bay Ventures

2023 Multi Housing News: Excellence Award – Best Development & Design Affordable

December 1st, 2023

Ventana Residences

2023 Silicon Valley Business Journal: Mixed-Use Project of the Year

September 29th, 2023

Springline

2023 CoStar: Impact Award – Development of the Year

April 10th, 2023

Springline

2023 NAIOP: Best of the Bay Award – Best Land Deal of the Year

March 2nd, 2023

Springline

2023 NAIOP: Best of the Bay Winner – Diversity Champion of the Year

March 2nd, 2023

Presidio Bay Foundation

2022 Globe St’s 50 under 40: Cyrus Sanandaji

June 3rd, 2022

Cyrus Sanandaji

2022 San Francisco Business Times: Real Estate Deal of the Year

April 2nd, 2022

Springline

2019 AIA: San Francisco – Merit Award

April 11th, 2019

The Amador

2015 NAIOP: Best of the Bay – Development of the Year

February 19th, 2015

85 Bluxome

Contact Us

Press Resources

Please submit a request to receive a copy of the firm overview. For all press inquiries, please contact media@presidiobay.com.
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