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As Director of Acquisitions, Harry is responsible for leading Cumberland’s transaction activities, including acquisitions, dispositions and debt financings in the apartment and retail space.  He has closed $1.2 billion in transactions during his 15-year career in real estate and asset management.  His activities at Cumberland encompass purchase contract negotiation, property due diligence oversight, and managing escrow closings.

Harry received his Bachelor of Arts in Economics & Literature from Claremont McKenna College and is a licensed California Real Estate Broker. Harry began his real estate career at Wells Fargo in the Real Estate Merchant Banking group.  Most recently, he led acquisition and asset management efforts in the Bay Area and Pacific Northwest for JB Matteson, Inc.

 Harry is a Bay Area native and currently resides in San Francisco, California with his wife and two daughters.(

Cumberland Holdings, LLC, was formed by the Chernoff family to invest its capital alongside investors in income-producing real estate strategies, where the family has spent decades developing expertise. In July 2020, Cumberland celebrated its 10th Anniversary and its growing success. We started with the $5.1 million acquisition of City View Apartments in Portland, Oregon. It was sold 5 years later for $13.3 million, generating investors a 345% return.   

During our first 10 years, we acquired 20 properties in California, Oregon, and Washington, and have sold 7 of our properties. Today, we have over 200 active private investors, with more than 70% of our investors engaging in multiple investments.

Cumberland targets investments in value-added, multi-family, and mixed-use commercial real estate in several West Coast markets. We seek to purchase properties that suffer from absentee ownership and poor management. Our strategy is to develop a capital improvement plan to enhance the curb appeal and marketability of properties’ preexisting conditions. Cumberland’s Officers oversee our professional property managers and development firms. 

Harry C. Arthur

Bio

Areas of Interest

Cumberland Holdings LLC
Rolling Hills Estates, United States

Harry C. Arthur

Bio

Areas of Interest

Cumberland Holdings LLCRolling Hills Estates, United States

Cumberland Holdings LLC
Rolling Hills Estates, United States