May 25, 2016
During the Great Recession of 2008, Brad Termini co-founded real estate development firm Zephyr Partners. Prior to that, Termini moved from Buffalo, New York, to San Diego in 2003 in search of “sun, fun and the California dream.”
“It was a difficult environment, but we came to work every day and slugged it out,” Termini said. “The philosophy was pretty simple. We built a team of experienced and talented people who work harder than anyone in the industry. We don’t have any secret recipe, but if we work a few extra hours every day, it gives us an edge on the competition. It’s about being persistent and surrounding yourself with incredible people that are dedicated to growing a company.”
With partner Dane Chapin, the co-CEOs have overseen $700 million in development throughout the state.
Zephyr has two major projects underway: The Park at Bankers Hill, a condominium tower adjacent to Balboa Park, and mixed-use community in Dana Point.
The Park’s ultra-luxury 60 units will be among the most expensive in San Diego, with prices starting at $1.4 million. The 14-story condominium tower will offer unobstructed views of Balboa Park and San Diego Bay and plenty of high-end amenities.
The Dana Point project marks the company’s first foray into Orange County. Zephyr recently broke ground on the project, which encompasses 170 high-end townhomes, seven mixed-use structures and a public park.
While the company’s high-profile projects may get the most media attention. Termini pointed out that Zephyr works on many kinds of projects. Recent jobs include entry-level housing in Mira Mesa and Escondido, and apartment buildings in downtown San Diego and Murrieta.
Termini said Zephyr develops great projects while paying special attention to the character, wants and needs of the surrounding neighborhood.
“That’s what really differentiates us,” he said. “It’s about getting involved with everybody in the community and trying to understand how you would develop things that are timeless, that fit the character of the communities – and add value to our bottom line, but also add value to communities and leave lasting legacies.”
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