ABOUT US

WHO WE ARE

Menlo Atherton Developments is a privately held real estate investment company focused on the acquisition, rehab and management of large-scale apartment communities. 

We seek to acquire quality apartment properties which meet the following investment criteria:

  1. Purchase price should be at a discount to replacement cost .
  2. Underperforming B and C class properties located in B class neighborhoods.
  3. Needing light to moderate renovations.
  4. Current property management is overpriced and/or ineffective.
  5. Positive cash flow from day one using 75% debt.

We then improve these properties through a combination of light renovations and an intensive focus on operational improvements to unlock and add value. Our approach results in improved financial performance and solid returns to our investors. We expect our properties to produce solid and consistent cash flow during short to medium term ownership (2-7 years), and significant capital appreciation at the time of disposition.
It is our belief that successful investing in apartment properties requires hard work as well as a carefully-crafted and evolving exit strategy. 

Our goal is simple: Create exceptional returns for our investors by providing an exceptional living experience for our residents.

THE TEAM

   Todd Beardsley  Owner/CEO

Three decades in residential real estate sales & development

Rob Beardsley   Acquisitions & Investor Relations

              Inna Beardsley               Interior Design

20 years residential design & construction

   Jillian Sidoti       Trowbridge Sidoti

Crowdfunding real estate legal specialist

        Chris LaSpada           D’Amato & LaSpada CPAs

Real Estate accounting and tax professional

                Joe Fairless                     Board Member

Controls $200m worth of     apartment units

David Krause, NorCal Property Management

Full-service professional property manager