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This profile was last updated on 8/4/15  and contains information from public web pages and contributions from the ZoomInfo community.

Mr. Ryan J. Somers

Wrong Ryan J. Somers?

President and Chief Executive Off...

Phone: (424) ***-****  
Email: r***@***.com
Local Address: Los Angeles, California, United States
Benedict Canyon Equities , Inc.
 
Background

Employment History

Education

  • BS , Business Administration
    San Diego State University
14 Total References
Web References
Management Profiles
www.rkprop.com, 18 Dec 2007 [cached]
Ryan SomersVice President, Acquisitions & Dispositions
Ryan Somers started with RK Properties in early 2003 as Officer of Multifamily Sales and Acquisitions.In his first year with the firm, Mr. Somers helped facilitate the closings of over $120 million in acquisitions and dispositions of multifamily property.In 2004, he was promoted to Director of the department.Within his first year in this position his efforts earned him another promotion to a Vice President.Mr. Somers' strong track record at RK Properties includes the acquisition and disposition of over a $500 Million of multifamily real estate.Mr. Somers is an integral part of RK Properties and its tremendous growth in the past years.
Mr. Somers began his career in Real Estate with the San Diego office of Marcus & Millichap (M&M).Specializing in northern San Diego apartment transactions, Ryan found himself a niche market through well-rounded business knowledge and local area market expertise.In a foreclosure (REO) driven market, he closed top volume numbers in both buy and sell side transactions.His clients were both principal and institutional that included groups such as Home Savings.His first year strength as a junior agent earned him "Rookie of the Year" for the San Diego office of M&M and a quick promotion to Sales Agent.Ryan Somers earned his BS from San Diego State University in Business Administration with a minor in Real Estate Finance.
Ryan J. Somers President & ...
cre-events.com, 3 June 2015 [cached]
Ryan J. Somers President & CEO, Benedict Canyon Equities, Inc.
Ryan ...
www.bceproperties.com [cached]
Ryan Somers
(424) 325-2727
...
RYAN SOMERS
PRESIDENT AND CEO
As President of Benedict Canyon Equities, Inc. (BCE), Ryan Somers oversees all aspects of the company. Ryan has over 20 years of real estate acquisition experience, and has completed over $1 billion in multifamily transactions during his career. Since joining BCE in 2009, he has directed the acquisitions of 45 properties consisting of over 5,200 units valued at $756 million. Under his tenure, Ryan has grown the company's portfolio to $1 billion. During the recent economic downturn, his investment expertise created a multitude of opportunistic ventures: buying out distressed partnerships, recapitalizing underperforming properties, and acquiring distressed assets which since have become some of BCE's top performing properties.
Ryan was integral in the genesis of the BCE Opportunity Fund I and BCE Opportunity Fund II, raising $11.2 million and $26 million of equity, respectively.
...
Ryan began his career in real estate in 1994 at the San Diego office of Marcus & Millichap.
Ryan received a B.S. in Business Administration with an emphasis in Real Estate from San Diego State University. He lives with his wife, Karen, in Manhattan Beach, CA.
Ryan J. Somers, President & ...
cre-events.com, 15 Aug 2011 [cached]
Ryan J. Somers, President & CEO, Benedict Canyon Equities, Inc.
As President of Benedict Canyon Equities, Inc. (BCE), Ryan Somers oversees all aspects of the company. Ryan has over 20 years of real estate acquisition experience, and has completed over $1 billion in multi- family transactions during his career. Since joining BCE in 2009, he has directed the acquisitions of 45 properties consisting of over 5,200 units valued at $756 million. Under his tenure, Ryan has grown the company's portfolio to $1 billion. During the recent economic downturn, his in- vestment expertise created a multitude of opportunistic ventures: buying out distressed partnerships, recapitalizing underperforming properties, and acquiring distressed assets which since have become some of BCE's top performing properties. Ryan was integral in the genesis of the BCE Opportunity Fund I and BCE Opportunity Fund II, raising $11.2 million and $26 million of equity, respectively. Both are highly successful private equity funds with 31 properties currently under management. Due to the achieved returns of the first fund, the second fund's capital is over-subscribed with more than 50% deployed across 2,500 units. Future plans for the firm include utilizing remaining equity to continue to purchase well-located, workforce housing, value-add transactions as well as expanding BCE's current holdings in California and Colorado, and branching into new markets such as Seattle, Washington. Prior to joining BCE, he served as Vice President of Multifamily Sales and Acquisitions at RK Properties, a private equity firm in Long Beach, California. He facilitated the closings of over $500 million in multifamily assets in Southern California, Arizona, Nevada, Colorado, and Utah. Ryan began his career in real estate in 1994 at the San Diego office of Marcus & Millichap. Ryan received a B.S. in Business Administration with an emphasis in Real Estate from San Diego State University. He lives with his wife, Karen, in Manhattan Beach, CA.
...
Ryan J. Somers President & CEO, Benedict Canyon Equities, Inc.
Ryan SomersVice ...
www.rkprop.com, 18 Dec 2007 [cached]
Ryan SomersVice President, Acquisitions & Dispositions Property Management
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