SAN DIEGO-Paul Lucatuorto, an institutional land investment expert with more than 25 years of experience, has joined San Diego-based Presidio Residential Capital as a principal. Lucatuorto comes to Presidio from Irvine-based TriPacifiic Capital Advisors, where he was a principal and a member of the Board of Managers.
Previously, Lucatuorto was vice president of Prudential Real Estate Investors and an adviser to the California Public Employees' Retirement System, the nation's largest pension fund. He has also been a project manager for Home Capital Corp., the real estate arm of HomeFed Bank.
Lucatuorto earned an undergraduate degree in business administration from San Diego State University. In his new role at Presidio, Lucatuorto will join founder Don Faye in seeking out and managing residential investments on behalf of Presidio's capital partner.
“After 25 years of managing institutional capital, I'm very excited to be associated with a private equity group that allows us to be more opportunistic in today's expanding real estate market,” Lucatuorto says.
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