In October of 2009, in association with Howard Weinstein, Mr. Harris founded a new real estate brokerage firm, Pacific Land Company. Pacific Land Company focuses primarily on the acquisition and disposition needs of top 20 home builders, developers, investors, land owners and lending institutions that operate in the Phoenix marketplace.
Mr. Derek Harris was one of the two founding partners of Weinstein & Harris, LLC., a Commercial Real Estate Brokerage firm which specialized in residential master plan land and lot sales in the Phoenix Metropolitan area.
In 2008 National Brokerage firm, Land Advisors Organization acquired Weinstein & Harris in an effort to better serve their clients via the industry expertise of Derek Harris and Howard Weinstein. Mr. Harris and his partner were appointed to lead the Land Advisors’ Homebuilder Specialty Group.
Established in 2004 by Derek Harris and Howard Weinstein, the brokerage negotiated and closed hundreds of millions of dollars in real estate transactions. Weinstein & Harris ranked number 5 in 2007 and moved up to number 3 in 2008 in the Arizona Business Journal’s Ranking Arizona Best Brokerage Firm category.
Between September 1993 and September 2004, Mr. Harris served as a Real Estate Salesperson for Commerce Realty Advisors. For over 11 years he represented farmers, private land owners, investors, developers and homebuilders in transactions totaling over $2,000,000,000 (Two Billion Dollars).
Mr. Harris was also responsible for negotiating a variety of land use and entitlement matters with government entities including but not limited to the Town of Gilbert, the Cities of Chandler and Casa Grande and the Gila River Indian Community. During this period of time, Mr. Harris analyzed, forecasted and identified many emerging homebuilding markets in the Phoenix Metropolitan area.
Mr. Harris is a past member of the Home Builders Association of Central Arizona and a contributor to the Boys and Girls Clubs of America, The Stardust Foundation and several other charitable organizations.
Originally from Glenview, Illinois, Mr. Harris has lived in the Valley since 1989 and received his Bachelor of Arts Degree in Psychology from Arizona State University in 1991.
Mr. Howard Weinstein has been a key figure in the transformation of the commercial and residential real estate industry in Arizona, having entitled and developed over 10,000 lots, spearheaded the construction of over $400 million of projects and conducted brokerage transactions in excess of $2 billion.
Mr. Weinstein and Mr. Harris founded Pacific Land Company, a firm they currently lead. Pacific Land Company is the leading real estate firm serving the acquisition and disposition needs of the top 20 homebuilders, developers, investors, land owners and lending institutions operating in the Phoenix market. As part of his responsibilities with Pacific Land Company, Mr. Weinstein has represented many financial institutions, such as Bank of America, AM Trust Bank, M&T Bank, The FDIC, and Saybrook Capital, with respect to the REO disposition of thousands of residential lots and acres. Under the leadership of Mr. Weinstein and Mr. Harris, Pacific Land Company has grown to become one of the largest land brokerage firms, based on the number of residential land and lot transactions over the last 10 years. Pacific Land Company has been featured in numerous articles in local and national press, including the Wall Street Journal and the Economist and it is a frequent contributor to the well-known real estate market reports published by industry analyst, Ivy Zelman. Mr. Weinstein was recognized as one of the “Top 1,000 People To Know” by the AZRE real estate industry magazine. Mr. Weinstein has also been an expert panelist/guest speaker for some of the most well-known housing market conferences.
In addition to Pacific Land Company, Mr. Weinstein and Mr. Derek Harris are the two General Partners at Casa Vista, a $50 million real estate private equity fund, established in partnership with Tricon Capital Group, to acquire distressed U.S. single-family homes. Casa Vista was one of five companies selected by Tricon as part of a strategy to partner with “best in class” local operators to acquire properties in markets with high distress and strong underlying fundamentals, at prices well below replacement cost. Mr. Weinstein and Mr. Harris are responsible for asset selection, acquisition, capital improvements and disposition. The fund has been successful to-date achieving or exceeding all targeted financial hurdle returns with a single-family for-rent portfolio of 400 homes in the Phoenix MSA.
In 2004 Mr. Weinstein partnered with Mr. Harris to found the commercial real estate brokerage firm Weinstein & Harris, LLC, which specialized in residential master plan and lot sales in the Phoenix Metropolitan area. From 2004 to 2008 Weinstein & Harris LLC brokered over $100 million in sales annually and the firm was consistently ranked as one of the top 5 real estate brokerage firms in Arizona. The firm managed some of Arizona’s largest and most complex land transactions. In 2008 Messrs. Weinstein and Harris sold Weinstein & Harris LLC to a National Real Estate Brokerage company.
From 2001 to 2004, Mr. Weinstein held the position of Partner for a private land brokerage firm is Scottsdale AZ. During his tenure with that firm, Mr. Weinstein conducted land and lot transactions in excess of $1.2 billion.
From 1996 to 2001, Mr. Weinstein served as Vice President of Land Acquisition & Development at the Phoenix Division of KB Home. Mr. Weinstein helped grow the Phoenix division of KB Home from the 25th ranked builder, delivering 300 units a year, to the 3rd ranked builder, delivering over 2,100 units a year. Mr. Weinstein was responsible for the successful acquisition, entitlement and development of thousands of residential lots in every active submarket within the Phoenix MSA.
Mr. Weinstein began his career in the Phoenix homebuilding market as the land acquisition manager for Diamond Key Homes, a mid-size private homebuilder. During his the first year of his tenure with Diamond Key Homes, Mr. Weinstein was recognized with a MAME Award for Rookie of the Year.
Mr. Weinstein’s commitment to the community is demonstrated by his contributions to the Boys and Girls Clubs of America and the Arizona Humane Society. Mr. Weinstein and his wife Leona, live with their Boston Terrier and French Bulldog in Scottsdale, Arizona.
Patricia (Patty) Lafferty is a seasoned land broker, focusing her expertise on residential land and lots throughout the Phoenix MSA. The top homebuilders, developers, land owners, and lending institutions rely on Patty’s extensive market expertise and general industry knowledge for exclusive real estate representation. Patty has been involved in the sale of thousands of acres and lots, resulting in over $200,000,000 in real estate transactions.
Patty is a graduate of the University of Arizona in 2005, receiving a Bachelor of Science degree in Regional Development. Patty has lived in the Phoenix area for nearly 30 years and is actively involved in a number of local organizations such as the Homebuilders Association of Central Arizona and the Urban Land Institute.
Brad joined Pacific Land Company in February 2010. Brad previously worked with the Land Advisors Organization. Brad comes from a third generation agricultural family. He was raised in Buckeye, AZ. Brad specializes in assisting clients who are looking for agricultural ground, or clients who are looking to relocate, liquidate, or cease their farming operations.Because of Brad’s background in agriculture he brings a unique perspective to the Pacific Land Company as Arizona’s production agriculture continues to change due to development pressure and competition for Arizona’s natural resources.
Brad earned a bachelor’s degree in business administration from Dordt College in Sioux Center, IA, and received his Masters in Real Estate Development (MRED) from Arizona State University in 2009. Brad is a member of the Urban Land Institute (ULI), United Dairymen of Arizona member, and is a Young Farmer and Rancher member with the Arizona Farm Bureau Federation.
Born and raised in Arizona, Connor Peagler is intimately familiar with the Valley. After graduating from Brophy College Preparatory in 2010, Connor went on to continue his education at Fordham University in New York. When the Arizona real estate market showed signs of recovery in late 2012, Connor returned to Arizona to obtain his real estate license in order to immerse himself in the family business of land brokerage. Starting as a researcher for Pacific Land Company, Connor covered Pinal and Maricopa Counties and was deeply involved in the data collection that led to Pacific Land Company’s current geodatabase of landowner information. This research was not just limited to land, but included collecting information on Manufactured Housing Communities across the Valley as well. Connor is now an Associate with Pacific Land Company, focusing on research and sales for the Company.