W&F December 2017

www.wealthandfinance-news.com 42 Wealth & Finance International - December 2017 Breakform build architecturally significant, energy efficient and aesthetically pleasing residences in the beach communities between Malibu Beach CA to Newport Beach CA. The company is a fully integrated real estate development and investment management company that has its own in house construction, design, entitlement and fund management teams. Ridaa provides us with an outline of the firm’s overall mission. “Breakform creates sustainable, eco-friendly, aesthetically pleasing, and architectural structures for residents who are proud to call them home and make it their hearth. We want to create functional design, that drives us, and so we run our entire firm like a start-up, with every voice encouraged to speak up, ideas to flourish. This drives the returns of our projects, this keeps our investors coming back, and this leads to better profitability than anyone else in our space. Working within such a competitive industry, it is integral that Breakform stands out amongst its competitors, and Ridaa tells us how the firm entices clients, ensuring that they get the best business. “What helps us to distinguish ourselves from others are our delivery timelines, our profitability, our delivery on our word, our integration of the skillsets and the trades. Our niche focus on fragmentation and dislocation within the asset class, through opportunistic transactions separates us from the pack. All these combined, repeated and mastered makes us a simply better option for our clients.” Featuring in the Real Estate Top 100, Ridaa tells us about the firm’s latest project, listing how exciting it was and also what the firm learnt from the project. There were some logistical challenges which Ridaa alludes to, however, the firm embraces these potentially challenging issues and works hard to overcome them. “Working in Venice Beach CA, we constantly work under some of the toughest development environments in the world. The area has its own Specific Development Plan that supersedes the City of Los Angeles building code, as it is in a dual Coastal Development Plans Zone. However, it does not have its own so you have to work with the State and City of Los Angeles to adhere to the Costal Plans of each, and because of the proximity to the Ocean, all our projects here are also covered under the CEQA, Mello and other various environmental and Affordable Housing Acts. “Furthermore, these are all challenges we constantly navigate, on a daily basis. Important to us is keeping the community abreast of our work, getting them to agree to o