Jeffrey Palmer
Partner at PMI Properties | 45 years and 5 cycles in Profitable Real Estate Investment | Providing expert insights on Commercial & Residential Development
- Role
- Partner at Pmi Properties
- Location
- Los Angeles, CA, US
- LinkedIn followers
- 500 followers
About Jeffrey Palmer
Jeffrey Palmer has built his career on strategic planning, creative problem-solving, and…
Experience
Partner
Apr 1992 — Present · Los Angeles, CA, US
Jeffrey Elliot PalmerChief Innovation Officer and Co-Partner at PMI Properties (\"Properties Motivating Innovation\"), a real estate re-developer and investment company. Jeffrey Palmer is responsible for the partnership’s strategy, planning, and product development. While at PMI in the mid 1990’s, Mr. Palmer helped pioneer creative offices in Los Angeles. During that time period, he oversaw PMI’s re-development of Penn Station in Santa Monica, a converted warehouse property that is still considered the seminal multi-tenant creative office building in Los Angeles. Mr. Palmer also pioneered soft creative conversions of traditional office buildings by exposing their structural elements, opening the ceilings, and installing industrial finishes. In San Francisco after the dot com bust, Mr. Palmer is one of those credited in helping revive SOMA and reestablishing it as a dominant technology cluster. His experiment of creating one of the first buildings in SOMA catering exclusively to startup technology companies was a feature article in the Wall Street Journal in August 2010. The sale of two of the SOMA creative office properties in 2013 was described by the San Francisco Business Journal as record breaking for converted warehouses. On August 27, 2012, the Los Angeles Business Journal profiled Mr. Palmer as a pioneer in the development of creative office and tech properties in the Annual Who’s Who in Los Angeles Real Estate. From 2012 to 2015, Mr. Palmer redeveloped older apartment properties in East Hollywood, Highland Park, Echo Park, and Silver Lake into hip contemporary “creative apartments” that incorporated many of the design features popular in creative offices. PMI is typically a value investor and has bought most of its properties at the end of recessions and during the recovery phase of the cycle.
Education
UCLA
BA, Economics
1971 — 1974
The Wharton School
Master of Business Administration - MBA, Finance, General
The Wharton School
MBA, Finance
1975 — 1977
UCLA
Bachelor's degree, Economics
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