HISTORY
The Hammer Ventures group of companies was founded by Jon Hammer. Mr. Hammer created a company with an integrated approach to real estate development. Hammer Residential Ventures, LLC specializes in condominium projects in California and throughout the Western United States. Analysis, acquisition, project management and debt and equity procurement are all handled by the Hammer Residential Ventures team. |
PROJECTS
Hammer Ventures’ projects include conversion of rental property condominiums, property entitlement, and new construction of for-sale infill housing.
By converting apartments into condominiums, the primary business objective of Hammer Residential Ventures, LLC , the company provides affordable housing, which is in short supply due to rising home prices, low interest rates and a recent trend of movement to more urban housing. The limited new housing supply and economic expansion has left many families unable to buy a home and condominiums represent one of the last options available to them.
Thacker Hammer Holdings, LLC provides property entitlement services for its own projects and as a service to other developers and property owners. The company will gather all the necessary documentation, permits and studies to obtain governmental regulatory approvals for development.
Hammer Residential Ventures, LLC , in partnership with entitlement attorneys, architects, contractors and consultants, develops infill housing projects at urban sites zoned for a minimum of forty units. These units are sold as condominiums at market rates.
VALUE
Through its team of talented and motivated real estate professionals, Hammer Ventures leverages market, acquisition and financial analysis expertise to create a comprehensive approach to real estate development. With its strong team and track record, established underwriting procedure and access to capital, Hammer Ventures is able to bring projects to market in a fast and efficient manner, producing high yields for equity partners.
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