President Asset Group, based in Newport Beach, California, operates as a real estate investment management firm on behalf of Tone Yee Investments & Developments (TYID). The firm engages in the acquisition, investment, development, and management of real estate projects including multifamily, retail, industrial, office, and single-family residential properties primarily in Southern California. Founded in 1990, the firm manages U.S. real estate investments on behalf of its parent companies, most notably Uni-President Enterprises Corporation (TWSE: 1216), an international food and beverage based in Taiwan with consolidated assets totaling $8.3 billion (USD) as of December 31, 2023.

As of March 31, 2024, the company had approximately $400 million in assets under management comprised primarily of a stable portfolio of various income properties in infill locations within Southern California. To date, the company has owned/operated a diversified portfolio of income properties, including:

  • 2,500+ multifamily units comprising apartment complexes, senior housing projects, and mobile home parks
  • Over 150,000 SF of office and industrial buildings
  • Over 500,000 SF of retail properties / shopping centers

Additionally, the company has completed over 24 new home development projects totaling over 1,300 homes, with a combined project value exceeding $300 million. The company typically invests as a land developer/owner, a joint venture partner with homebuilders, or an A&D lender to builders.

The company’s financial strength and commitments from its parent companies enables it to pursue investment opportunities efficiently and with minimal leverage. Its principal investors, primarily based in Taiwan, have committed substantial investment capital that is readily available to capitalize on strategic opportunities in the United States. The firm and its partners continue to seek opportunities in residential land entitlement, housing development, and income property acquisitions, with a focus on infill areas of Southern California.

Our Parent Companies

  • Uni-President Enterprises Corporation: Founded in 1967, President Enterprises Corporation is a publicly traded company in Taiwan and one of the country’s largest business conglomerates with consolidated total assets exceeding $8.3 billion (USD). The group employs over 114,000 people and operates in diverse sectors including banking and finance, real estate and construction, land development and investments, life insurance, international trading, professional baseball, entertainment and recreation, semiconductors, supermarkets, pharmaceuticals and biotech, among others. The group also manages and operates over 10,000 convenience and chain stores as the sole master franchisee of the 7-11 in Taiwan, as well as over 500 Starbucks stores in Taiwan.

  • Prince Housing & Development Corporation: A publicly traded company and a leading real estate developer/builder in Taiwan, Prince Housing & Development Corporation (TWSE: 2511) had total assets exceeding $1.6 billion (USD) as of December 31, 2023. Its construction projects include high-rise buildings, townhouses, and single-family homes, having developed over 100 high-quality master-planned communities comprising more than 20,000 residential homes and apartments, commercial buildings, parks, and schools to date.

  • Tainan Spinning Company: Founded in 1954, Tainan Spinning Company Ltd. (TWSE: 1440) is a prominent textile manufacturer based in Taiwan, with total assets of $1.8 billion (USD) as of December 31, 2023. The company has established itself as a key player in the textile industry, known for its high-quality products and innovative solutions in apparel, home textiles, and industrial fabrics. The company’s focus on quality, sustainability, and customer satisfaction has contributed to its reputation as a reliable and reputable player in the textile manufacturing sector, both domestically and internationally.