Industrial real estate investment and development firm adds real estate finance veteran to oversee financial planning, investment activities
Newport Beach, Calif. – March 16, 2020 – CapRock Partners, a California-based industrial real estate investment and development firm, today announced the bolstering of its leadership team with the addition of Craig Motichko, CPA, as Chief Financial Officer.
Motichko brings more than 15 years of real estate finance experience to CapRock Partners. In this capacity, Motichko is responsible for the financial strategy, cash flow management and the overall strategic financial structure of CapRock Partners and leads all accounting, treasury, payroll, tax, informational technology and financial reporting activities. He also works closely with CapRock Partners’ CEO and President in all lender and banking interactions, institutional fundraising and investor relationships.
“Craig’s addition will bolster the strategic planning of CapRock Partners’ fundraising and financial management,” said Jon Pharris, co-founder and president of CapRock Partners. “Craig brings a stellar track record of leading best-in-class, high-performing finance and accounting teams and his financial stewardship will be instrumental to delivering attractive, risk-adjusted returns for our investment partners as we continue to invest our discretionary institutional funds in high-quality industrial product throughout the Western United States.”
CapRock Partners is one of the most active middle-market investors and developers of large-scale institutional-quality, Class A industrial warehouse facilities across the Western U.S. In 2020, CapRock Partners, along with its partners, will be under construction on four separate 1-million-square-foot, Class A industrial projects in California and Nevada. In addition, CapRock Partners is actively acquiring value-add industrial buildings throughout California, Arizona, and Nevada.
“It’s an exciting time to join CapRock Partners as the firm is actively growing its industrial portfolio,” said Motichko. “I look forward to working alongside such a seasoned and nimble team of industrial experts and contributing my background and experience in the area of institutional investor capital to help the firm pursue successful partnerships with some of the nation’s foremost institutional investors.”
Prior to joining CapRock Partners, Motichko was vice president in the Newport Beach office of PIMCO, focused on financial control and treasury for PIMCO’s private equity investment funds including the firm’s North and South American real estate holdings. He also served as a senior manager in the audit practice at Ernst & Young, performing audits and consulting services in the real estate, hospitality and construction sectors.
Motichko earned his Master of Science degree in accountancy from the University of Notre Dame, Mendoza College of Business and a Bachelor of Science degree in finance from Oklahoma State University.
ABOUT CAPROCK PARTNERS
Since its founding in 2009, Newport Beach, Calif.-based CapRock Partners has become one of the fastest-growing private industrial real estate investment and development firms in the Western U.S. The company focuses on middle-market, value-add industrial assets and developing large-scale institutional-quality, Class A industrial warehouse facilities in key locations, serving the needs of corporate America. CapRock Partners is registered with the U.S. Securities and Exchange Commission. The firm is actively acquiring land for development and value-add industrial buildings in the Western United States. For more information, visit www.caprock-partners.com. Follow the company on Facebook, LinkedIn, Twitter and Instagram.