Our Ethos
Real estate is more than buildings—it shapes communities, economies, and opportunities. We believe responsible development should deliver both financial resilience and positive social impact. Our values are not just principles; they are the foundation of how we build, invest, and lead.
Integrity
We value truth, transparency, and trustworthiness. Our word is our bond, and our reputation is our greatest asset. We approach every project with clear communication, discipline, and accountability, ensuring that our commitments are met with focused execution and ethical leadership.
Equity
We recognize the vast disparities in access to basic resources (such as housing) and work diligently to create a diversity of equitable opportunities for all. We believe real estate can be a tool for expanding economic mobility, fostering inclusion, and building resilient communities that thrive across generations.
Adaptability
We navigate complexity with clarity. By intensively focusing on select high-impact projects, we remain agile—anticipating shifts in policy, capital markets, and community needs. We continuously refine our strategies through research, experience, and collaboration to drive lasting outcomes.
Impact
We build with purpose. Our developments strengthen communities, expand opportunity, and create enduring value. We are unwavering in our commitments to social responsibility, environmental sustainability, and creating environments where people thrive.
Our Clients & Partners
We partner with forward-thinking investors, organizations, and developers who value both impact and execution, including:
- Institutional investors & family offices deploying capital into high-barrier, strategically positioned socially and environmentally responsible real estate.
- Mission-driven organizations & public agencies who need expert structuring, capital strategy, and development execution for high-impact projects.
- Developers, landowners & operators seeking capital structuring, entitlement and affordable housing strategies, or project execution expertise to move deals forward.
Our Clients & Partners Include:
Associate Capital
Bridge Investment Group
Century Housing
Charles R. Drew University of Medicine & Science
City of Los Angeles
Genesis LA
Habitat for Humanity of Greater Los Angeles
Los Angeles Metropolitan Transportation Authority (Metro)
New Urban West
Our Lady Queen of Angels Housing Alliance
The Pacific Companies
Related California
The Max Collaborative
The Veterans Collective
Thomas Safran & Associates
USA Properties Fund, Inc.
Our Focus
The Pinyon Group is a real estate investment and development firm that combines capital intelligence with best-in-class execution. Unlike most firms that are either developers relying on external capital or investors who don’t build, we do both. With over $2 billion in assets developed, we are a trusted partner to institutional investors, public agencies, land owners, and mission-driven organizations, delivering high-impact real estate projects that are financially resilient and socially responsible.
We don’t chase opportunities—we create them by leveraging expertise in capital structuring, affordable-, workforce-, and mixed-income housing, development execution, and construction management. Our approach transforms complexity into competitive advantage, unlocking value where others see barriers.
We are the firm that institutional investors, developers, and public agencies call when they need clarity in a complex market.
Development & Investment
We structure and develop high-barrier, capital-efficient real estate that delivers both superior financial returns and lasting community benefits.
- Affordable, workforce, and mixed-income housing
- Public-private partnerships (P3s) and impact-driven development
- Adaptive reuse and brownfield redevelopment
- Large-scale entitlement and master planning
- Transit-oriented and infrastructure-linked real estate
- Joint-venture and fee development
Capital Markets & Acquisitions
We design capital stacks that turn complexity into competitive advantage, ensuring sustainable, long-term financial performance.
- Tax credits, tax-exempt bonds, and structured public financing
- Institutional & private capital strategy
- Public incentives and subsidies
- Portfolio & asset acquisitions and repositioning
- Buy-side and sell-side strategic advisory
Advisory & Investment Management
We provide execution-driven insight and hands-on project leadership for institutional investors, landowners, mission-oriented institutions, and public partners seeking clarity in a complex market.
- Transaction structuring and investment underwriting
- Public-private partnership structuring & negotiations
- Development and construction management
- Asset management
- Market positioning and feasibility analysis
- Public procurements
- Property tax exemptions
- Ground leases
- Complex entitlements
Our Work
Our People
Robert T. De Forest
Founder & Principal
Jay H. Stark
Principal
Kyle De Leon
VP of Finance
Michelle Morehead
Development Manager
Lemon
SVP of Barketing
Our Info
We don’t just build—we solve. Our projects aren’t just about square footage; they are designed for long-term impact, financial resilience, and community vitality. We approach real estate as a strategic, capital-driven challenge, unlocking value where others see obstacles.
If you’re looking for a development, capital structuring, or strategic execution partner who moves with precision, insight, and long-term discipline, we’d love to talk.
633 West 5th Street
Suite 5880
Los Angeles, California 90071
Phone: (213) 438-9008
Email: [email protected]
The Pinyon is a beautiful and resilient evergreen tree that is able to thrive in harsh climates while producing a nutritious pine nut that has sustained human and animal populations since prehistoric times.