Amplify Development Co.

Amplify Development Co is a vertically integrated real estate development company specializing in the acquisition, entitlement, and construction of quality mixed-use projects throughout California and across the West Coast. The firm differentiates itself through its ability to source and acquire premier properties in the fastest-growing markets in... the region while establishing and maintaining strong relationships with municipalities and key community stakeholders, thereby unlocking significant value for partners and investors. Amplify Development Co is committed to delivering best-in-class product quality and construction standards across its portfolio of projects. The company was co-founded by Mark Yaghoobi, who brings extensive experience in real estate development and capital markets. Prior to founding Amplify Development Co, Yaghoobi co-founded MPY, LLC, a multifamily development company focused on land acquisitions and creative entitlement solutions, which currently holds a portfolio of 216 existing and pipeline multifamily units. Yaghoobi's career in real estate began in 2012 at Kearny Real Estate Company, a former subsidiary of Morgan Stanley's Real Estate Fund, where he underwrote value-add acquisitions ranging from $20 million to $300 million and managed over $200 million in commercial assets and distressed debt portfolios nationwide. In 2013, he joined Starwood Capital Group, where he operated within the SOFIX Starwood Opportunity Fund, which managed $4.2 billion in capital commitments. During his tenure at Starwood, Yaghoobi underwrote acquisitions across multiple product types including development, hotels, industrial, office, and multifamily properties, and worked with portfolio and asset management teams on Starwood's $1 billion acquisition of the LNR portfolio. This combination of development expertise, municipal relationship management, and proven capital markets experience positions Amplify Development Co to execute complex, value-creating projects across the West Coast.Read More