Pat Calihan
About Pat Calihan
Pat Calihan serves as the Chief Investment Officer at Prometheus Real Estate Group, where he has worked for nearly two decades in various roles, including Vice President of Acquisitions and Senior Vice President of Investments. He has significantly influenced the company's investment strategy and contributed to the development of numerous real estate projects valued at approximately $3.5 billion.
Current Role at Prometheus Real Estate Group
Pat Calihan serves as the Chief Investment Officer at Prometheus Real Estate Group, a position he has held since 2022. In this role, he influences the company's long-term investment strategy, focusing on the 'build and hold' and 'acquire and hold' philosophies. His leadership guides the architectural direction of the company, emphasizing original design concepts and the imaginative use of natural attributes.
Career Progression at Prometheus Real Estate Group
Pat Calihan has had a progressive career at Prometheus Real Estate Group, starting as an Analyst in Acquisitions in 2005. He advanced through various roles, including Associate, Director, Senior Vice President, and Vice President of Acquisitions, before becoming Chief Investment Officer. His tenure at the company spans over 17 years, during which he has contributed significantly to its growth and strategic direction.
Educational Background
Pat Calihan studied Finance at the University of Arizona, specifically at the Eller College of Management, from 2000 to 2004. He completed his undergraduate degree in Business during this period. Prior to his university education, he attended Brophy College Preparatory from 1996 to 2000.
Contributions to Real Estate Development
Throughout his career at Prometheus Real Estate Group, Pat Calihan has contributed to the development pipeline of 14 projects, totaling 5,239 units with an estimated project cost of $3.5 billion. His involvement has been crucial in shaping the company's conservative financial strategy, which includes maintaining conservative leverage and utilizing 10-year fixed-rate debt across most of the portfolio.
Management of Real Estate Portfolio
Pat Calihan is involved in managing a real estate portfolio valued at over $6 billion. This portfolio includes more than 16,000 apartment units and encompasses 1.1 million square feet of commercial, office, R&D, and retail space. His role in overseeing such a significant portfolio underscores his expertise in real estate investment and management.