Franklyn E. DeFoe, a California Real Estate Broker for over 30 years, specializes in creative planning to resource under-performing real estate assets.

As President, CEO and Broker of The Commonwealth Companies in La Jolla California. Mr. DeFoe lead his team of 5 divisions to enhance a $550,000,000 portfolio of real estate assets in Southern California, Arizona and Hawaii. .

One of Mr. DeFoe’s specialties is creating automated parking solutions; the ‘Achilles Heel’ for developers to drastically enhance their real estate assets. “We are catching up to the rest of the world that have been installing automated parking systems for the past two decades”

EXPERIENCE:
-  Urban renewal, planned retail strategy for downtown LA’s The Douglas building
-  Urban redevelopment; La Mesa Village Plaza’s 5 city-block mixed-use. Former La Mesa Mayor Fred Nagel stated “Frank’s creativity and uncanny instincts coupled with gentle persuasion proved a Win/Win for    our downtown jewel”
-  Holds prestigious award for the most comprehensive 1031 tax-deferred simultaneous exchange on record: 15 projects in 5 counties in 3 states
-  Executive Vice President, Senior Licensed Healthcare Trust, created $40M, 40-year development. The Trustee stated “Frank brings valuable experience, wisdom and essential people skills to our table to keep our complex project on track”.
-  CEO and developer of the $80M Seaview Business Park, La Jolla
-  Negotiated one of the largest high-tech leases in Southern California, General Dynamics’ Space & Defense Division.
-  President and CEO of Lenders Mutual Service Company; developed internet marketing of loan services.
-  Lead investor and Board member of Action Software; sale to American Airlines.
-  Vice President of NYSE Arcata National’s Business Communications Division; directed new telecommunication markets in the US.
-  Employment Manager, Pacific Telephone, San Francisco Bay Area; directed the major overhaul of AT&T’s non-discriminatory policies.
-  Past Chair, Hollywood Hills West Neighborhood Council’s Housing & Planning Committee
-  Member, Hollywood Chamber Economic Development Committee and Los Angeles Center City Association Land Use and Urban Planning committees.
-  Motivational Speaker; Keynote address, International Conference - Tel Aviv, Israel

Mr. DeFoe’s reputation for trust, strict ethics, ability to focus on the tough details, hands-on dealmaker and a strong legal background have enabled investors to become personal friends.

California DRE License #00572297

Mr. DeFoe is a California and Hawaii Real Estate Broker. He resides in Los Angeles with his partner Trish.