The Everest Holdings Mission Statement
Foster a strong corporate culture marked by openness, informality, and a flat organizational structure, where excellence is prized and people are rewarded based on their contribution to the firm;
Recruit and retain top-quality experienced professionals;
Maintain an environment characterized by operational excellence and innovation;
Employ strong management reporting systems;
Engage top independent experts to assess specialized issues;

The Company

Everest Holdings was founded in 1992 by Joseph Blackbourn as the national real estate market began to emerge from the Resolution Trust Company debacle of the late 1980s. Mr. Blackbourn believed that real estate portfolios being sold by lenders and the federal government were so significantly undervalued as to represent the buying opportunity of a lifetime. He began consulting for a small cluster of clients desiring a firm that would never strive to be all things to all people, but would add genuine value in employing sophisticated underwriting methodology for their chosen markets. In the midst of this work, Blackbourn joined one of these clients as an executive and principal investor and, meanwhile, placed his dream of Everest Holdings on hold for approximately ten years.

In 2002, Mr. Blackbourn re-started Everest Holdings and continued to pursue his original vision. Now armed with significantly more experience and much stronger relationships in the industry, Everest has emerged as an investment and advisory services company focused on assets and clients in the Southwestern United States. Everest’s investors and clients include some of the US’s largest and most sophisticated participants in various markets. Additionally, the company has demonstrated its reputation and commitment for securing above-standard returns and creating uncommon value for its investors and advisory services clients.

Everest Holdings is a firm where employees can work close to home, dress casually and see their achievements recognized and rewarded – in short, Everest employees are among the most talented in the real estate industry and Our employees are stakeholders in the investments we manage; as such, they are engaged, motivated, and excited about giving each investment their fullest contribution. Everest is committed to providing a fun, exciting, nurturing and rewarding work environment. Everest is operated under the assumption that a successful business model relies upon the recruitment and retention of outstanding individuals with similar concepts at its core.

Commitment to Community
 

Everest employees get involved in our community. We encourage our employees to get involved in causes that touch their hearts – to roll up their sleeves and contribute of their time and resources, many of which are matched by our firm. We have found that our employees are happier and more fullfilled, and our communities are stronger. Our employee community commitments include:

"At Everest, we are committed to making the firm something more than the latest stop on the resume. We believe that all of us are much more than our professional selves. While we come to work each day to pursue a career and help our firm succeed, our work lives should also be infused with laughter, camaraderie, friendship, and a sense of shared purpose."

- Joseph Blackbourn


The Company’s Businesses

Everest invites you to learn more about the capabilities of our business lines. Each business line includes dedicated professionals with an unwavering focus on identifying relative value opportunities which assist our investors and consulting clients in taking advantage of those opportunities.

Advisory Services

Everest Advisory, LLC provides a boutique approach to real estate consulting for a select number of relationships. As a result of this philosophy, the company can provide unquestioned accessibility and the highest-quality work product for the special groups that it services.

Real Estate Investment

Everest Capital, LLC was formed to generate superior, risk-adjusted returns from equity investments in quality real estate assets through the realization of near-term cash flow and the creation of significant capital appreciation, made possible by selective entry into promising markets and product types. Operating principles include a hands-on approach to asset management and the execution of timely exit strategies.

Asset management expertise is what truly distinguishes us in the marketplace. It remains our focus, our core competency, and our competitive advantage. Utilizing the in-depth knowledge and hands-on expertise of our team, Everest Capital will continue to drive top-line revenues, focus on bottom-line profitability, select value-added acquisitions and recycle capital through diligently planned dispositions. Simply put, we will utilize our skills to focus on profit as a measure of success, resulting in an attractive return for our investors.

Residential Funding Company

Everest Residential Funding Company, LLC ("RFC") is a well-capitalized provider of acquisition and development financing to quality homebuilders in the Southwestern United States (see Everest Residential Funding Company). RFC brings an experienced team and an attractive program benefiting homebuilders with reliable performance, quick response time and competitive pricing.

RFC’s team is highly experienced in residential development, in underwriting residential subdivisions and in post-closing administration. RFC will be a long-term player in the industry and is seeking long-term relationships with builders spanning many years and scores of transactions. RFC offers homebuilders the industry’s best level of access, responsiveness, professionalism and reliability.