From Multi-Family to Manufacturing: How One Investor Capitalized on America’s Industrial Boom
- cornichewebdev
- Jan 30
- 1 min read
Industrial real estate has moved from the margins to the mainstream over the past two decades, becoming one of the most competitive sectors in commercial property. David Ebrahimzadeh, President and Founder of Corniche Capital, has closely tracked this change and adjusted his strategy to profit from the sector’s rapid rise.
Ebrahimzadeh grew up immersed in real estate in Cherry Hill, New Jersey. After graduating from The George Washington University in 2003, he started his career in real estate finance at Carlton Group in Manhattan, then quickly shifted into direct property acquisition.
“I grew up eating, breathing, sleeping, talking, living real estate,” he says. He credits his family with his early business education, and his first investments involved acquiring undervalued multifamily properties in New York and northern New Jersey.
He initially focused on B- and C-class multifamily buildings, amassing more than 1,000 units. But by 2006–2007, Ebrahimzadeh realized that managing these properties was labor-intensive and not aligned with his long-term goals. “It was too management-intensive for my liking, at least the class of multifamily that I was involved in,” he explains. “I realized I’d much rather exit that and redeploy into other types of real estate.”
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