Karas Partners Inc. is a California based Private Family & Investment Office managing assets on behalf of the Karas family and associated partnerships. Karas Partners successfully identifies, structures and manages direct investments usually co-investing with other strategic domestic and international families.
Our focus is across four investment platforms: Technology, Real Estate, Aviation and Opportunistic Situations.
Opportunities are presented from investment partners, family offices, professionals, RIA's and fund managers who deliver value-add propositions. Access to these special situations enable us to effectively identify and secure a continuous flow of attractive investment opportunities, and liquidity events.
For 40 years Karas Partners has participated in acquisition, disposition and financing transactions.
Transactions / Investments
GENRICH LLC - Acquired a 50% interest in a Southern California family office of multiple families established in 2008, providing sophisticated and simplified control of the family treasury for the self made, delivering disciplined family office organization and management, currently serving 23 families and 52 households. Divested April 2023.
https://www.linkedin.com/company/genrich-family-office/
FUGA Inc. - One of America's most recognized luxury private jet charter companies, providing global service to business leaders and the most elite Hollywood celebrities.
www.airfuga.com
https://www.linkedin.com/company/genrich-family-office/
FUGA Inc. - One of America's most recognized luxury private jet charter companies, providing global service to business leaders and the most elite Hollywood celebrities.
www.airfuga.com
Gamevice - Lead investor on this game controller that turns your iphone, ipad or Android mobile device you already own into the most powerful gaming handheld in the world. The Gamevice controller is the evolution of gaming for both iOS and Android mobile devices that will deliver you the console gaming experience.
http://www.gamevice.com
Fleetwoods On Front, Joint venture investment with Mick Fleetwood of Fleetwood Mac Band for a restaurant and rooftop bar in Lahaina Maui.
http://www.fleetwoodsonfrontst.com/
GoodLife Fitness, Divested ownership interest in the operator of 200 health clubs in Canada with over 1.5 million members and 14,000 employees. 1 in every 25 Canadians is a member. GoodLife is the fourth-largest fitness chain in the world
http://www.goodlifefitness.com/
White House Parking Garage, 223 Sutter St. Acquisition and Disposition of long term leasehold interest Union Square San Francisco
https://foursquare.com/v/white-house-garage/4a6518d9f964a5204cc71fe3/photos
CarPark Corporation San Francisco, Divested 50% ownership interest to Central Parking NYSE
https://www.spplus.com
Unit Park, Divested 100% ownership interest to Casino Games International Inc.
http://www.unitpark.ca/
Petro Canada , Joint Venture land lease.
http://www.petro-canada.ca/default.aspx
http://www.gamevice.com
Fleetwoods On Front, Joint venture investment with Mick Fleetwood of Fleetwood Mac Band for a restaurant and rooftop bar in Lahaina Maui.
http://www.fleetwoodsonfrontst.com/
GoodLife Fitness, Divested ownership interest in the operator of 200 health clubs in Canada with over 1.5 million members and 14,000 employees. 1 in every 25 Canadians is a member. GoodLife is the fourth-largest fitness chain in the world
http://www.goodlifefitness.com/
White House Parking Garage, 223 Sutter St. Acquisition and Disposition of long term leasehold interest Union Square San Francisco
https://foursquare.com/v/white-house-garage/4a6518d9f964a5204cc71fe3/photos
CarPark Corporation San Francisco, Divested 50% ownership interest to Central Parking NYSE
https://www.spplus.com
Unit Park, Divested 100% ownership interest to Casino Games International Inc.
http://www.unitpark.ca/
Petro Canada , Joint Venture land lease.
http://www.petro-canada.ca/default.aspx
Real Estate Transactions
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323 Sutter Street, San Francisco, California
Conveniently located in downtown San Francisco on the corner of Grant and Sutter, this is a major San Francisco landmark. The White House Garage serves all downtown hotels, Union Square, the Financial District, Chinatown and shopping. |
350 Bay Street, Toronto, Canada
Building Snapshot:
Total Area: 54,457 sq. ft.
Number of Floors: 13
Max. Floor Area: 4,342 sq. ft.
Completed in 1928 by architect Stephen B. Coon, this premier
business addresses has 13 stories and a typical floor plate of approximately 4,100 square feet.
350 Bay is located in Toronto’s financial core on the south-west corner of Bay & Temperance,
across from Bay-Adelaide Centre. The property is steps from
the PATH, public transportation, and numerous Bay Street
amenities.
Building Snapshot:
Total Area: 54,457 sq. ft.
Number of Floors: 13
Max. Floor Area: 4,342 sq. ft.
Completed in 1928 by architect Stephen B. Coon, this premier
business addresses has 13 stories and a typical floor plate of approximately 4,100 square feet.
350 Bay is located in Toronto’s financial core on the south-west corner of Bay & Temperance,
across from Bay-Adelaide Centre. The property is steps from
the PATH, public transportation, and numerous Bay Street
amenities.
105 Adelaide Street West, Toronto, Canada
Building Snapshot: Building Size (200,000 + Sq. Ft.) Office: 176; Retail: 7; Parking: 49 . Year Built: 1962 Year Renovated: 1990 Number of Floors: 12 Typical Floor Size: 18,097 RSF 105 Adelaide Street West, also known as Lombard Place, is a 12-storey office property located in Toronto’s financial core. Conveniently situated between Brookfield’s Exchange Tower and First Canadian Place, this Class “A” office building was completely renovated in 1990. Amenities Include: Underground parking facility for 81 vehicles. Proximity to major hotels, restaurants and shops including the 3.5 -million-square-foot Toronto Eaton Centre as well as The Bay department store. |
2 Queen Street West, Toronto, Canada
This property is attached to the 3.5 million square foot Eaton Center with direct Path and Subway access.
This property is attached to the 3.5 million square foot Eaton Center with direct Path and Subway access.
Philanthropic Focus Throughout Our Investments
Throughout our investment history and current portfolio, Karas Partners encourages and supports strategic investments into philanthropic focused enterprises. Karas Partners provides it's co-investors the unique opportunity to embrace companies and technologies that provide a platform for 'causes for good' either through direct business operations or through the support of philanthropic projects.
Good Life Fitness
Good Life Fitness is a leader in charitable giving throughout Canada through both their own charitable foundations as well as supporting other charitable organizations. Support includes: GoodLife Kids Foundation, Spin 4 Kids, The Kilee Patchell-Evans Autism Research Group, UHN's
www.goodlifefitness.com
Good Life Fitness is a leader in charitable giving throughout Canada through both their own charitable foundations as well as supporting other charitable organizations. Support includes: GoodLife Kids Foundation, Spin 4 Kids, The Kilee Patchell-Evans Autism Research Group, UHN's
www.goodlifefitness.com
Fleetwoods on Front Street
Fleetwoods on Front Street since opening on Maui in 2012 has quickly become a leader in philanthropy work on the Hawaiian Islands. Supported Charities Include: Make A Wish Foundation Maui, Maui's Kids, The American Board for Child Diabetes through our relationship and product promotion sales with Harley Davidson Hawaii, Maui Food Bank, Susan G. Komen for the Cure and Marie Curie Cancer Research.
www.fleetwoodsonfrontst.com
Fleetwoods on Front Street since opening on Maui in 2012 has quickly become a leader in philanthropy work on the Hawaiian Islands. Supported Charities Include: Make A Wish Foundation Maui, Maui's Kids, The American Board for Child Diabetes through our relationship and product promotion sales with Harley Davidson Hawaii, Maui Food Bank, Susan G. Komen for the Cure and Marie Curie Cancer Research.
www.fleetwoodsonfrontst.com
Karas Family
The Karas Family, has throughout its investment history sought to invest in long term relationships with like minded co-investors. Through these relationships our family has increasingly shifted its focus to include corporate investment opportunities that also provide a platform targeting 'causes for good' thus enabling a unique investment strategy for our co-investment partners.
The Karas Family, has throughout its investment history sought to invest in long term relationships with like minded co-investors. Through these relationships our family has increasingly shifted its focus to include corporate investment opportunities that also provide a platform targeting 'causes for good' thus enabling a unique investment strategy for our co-investment partners.
Gray Family Office
As a co-investor with Karas Partners, the Gray Family Office, has strong ties to philanthropic work and charitable giving throughout western United States including California and Hawaii. Their most recent philanthropic work includes being a Board Member and Chief Financial Officer for 'We Are Ocean' a premier California charity reconnecting cancer survivors with the ocean to continue the healing process during and after the cancer battle.
www.weareocean.org
As a co-investor with Karas Partners, the Gray Family Office, has strong ties to philanthropic work and charitable giving throughout western United States including California and Hawaii. Their most recent philanthropic work includes being a Board Member and Chief Financial Officer for 'We Are Ocean' a premier California charity reconnecting cancer survivors with the ocean to continue the healing process during and after the cancer battle.
www.weareocean.org
Fredrick Family Office
As a co-investor with Karas Partners, the Fredrick Family Office, has been active in the charity space and participates in the local community. Charity and philanthropic projects include: Boys Town, Saint Jude Children's Research Hospital, the Catholic Church and the Orangewood Childrens Foundation.
As a co-investor with Karas Partners, the Fredrick Family Office, has been active in the charity space and participates in the local community. Charity and philanthropic projects include: Boys Town, Saint Jude Children's Research Hospital, the Catholic Church and the Orangewood Childrens Foundation.
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