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THE
SPONSORSHIP
The project is sponsored by Evolution Strategic Partners, LLC, a full-service real
estate development and construction firm based in Studio City, California that
specializes in mixed-use apartment projects. Evolution has been in business since
1999 and its six principals have over 200 years of collective experience in all aspects
of development, construction, and operation.
The firm’s affiliated real estate development and general contracting platform,
McCormick Evolution, provides seamless execution for each investment. Parent
firm McCormick Construction has a 100+ year legacy in its 4th generation of family
ownership, with 60+ employees and hundreds of successfully completed projects.
Meanwhile, parent company Evolution Builders and its predecessor have a 20+
year track record constructing 15+ multifamily and mixed-use projects. The firm
and its principals have long-standing relationships with consultants, architects,
engineers, and subcontractors in the marketplace, creating a strategic advantage
as a developer/builder that is uncommon among today’s development firms.
Evolution has an investment track record of 29%+ IRR returns globally, delivering
best-in-class projects from 30 to 300 units, worth over $600 million in value.