David Horenstein - Member
In 1995, Mr. David Horenstein acquired his
first real estate investment property in Woodland Hills, CA. Mr. Horenstein
spent time learning how to manage his property and worked with an outside Yardi
Consultant on property management for banks and retail shopping center owners.
The remaining time was spent researching foreclosures in the
In 1997, a mentor suggested
Mr. Horenstein work for a group of brokers in Newport Beach, CA. By July of that same year Mr. Horenstein began his leasing career working for Insignia/ESG as a
Retail Specialist, where he negotiated and executed all shop and sub anchor
leases that led to $8M in lease value for The Plant, a 70-acre entertainment power
center in Van Nuys, CA.
In 1999 he joined Regency
Centers in leasing and was promoted to Senior Manager of Investments on the development team by 2000. During his successful tenure with Regency Centers, a
few of Mr. Horenstein's career highlights include:
- Office Depot Redevelopment
in Fountain Valley, CA
- Developing a 91,000 sf Stater Brothers shopping center
in Wildomar, CA known as "Bear Creek Village Center"
- Entitled French
Valley Village Center
- Analyzing over $500M worth of retail that led to the
acquisition of $45M in neighborhood shopping centers
- Leasing over one million square feet of retail in Orange County/Los
- Assisted in developing the last two retail centers in Rancho
Santa Margarita, Orange County, CA
Holdings, Inc. began in 2002 while Mr. Horenstein was working for Regency Centers, mainly to
pursue other non-retail projects in the apartment communities. After working
with Regency Centers for five years, and after Regency Centers passed up on a 3.26 acre site in
Riverside County on the NEC of Palomar/Clinton Keith in 2003, David decided to
pursue this particular development on his own through D.H. Holdings, Inc. The
Shops at Bear Creek was the first center that clearly recognized D.H. Holdings,
Inc. as the Commercial Real Estate company it is today and placed its footprint
on the Retail landscape of the Murrieta/Temecula Valley.
Mr. Horenstein has served on the Wildomar Round Table Committee created to initiate and complete a plan to
incorporate the City of Wildomar, where he was asked to serve as the voice for
"Retail Development" for the Wildomar Community. Incorporation is
scheduled to take place by January 2008.
Mr. Horenstein received a
Bachelor of Science in International Business at San Francisco State University and is an active member of the International Council of Shopping Centers. He
also has a real estate license with the State of California and belongs to ACRE (American Commercial Real Estate).