Paul Owhadi

Paul Owhadi has spent his entire career in the field of municipal administration and private real estate development and investment. His extensive experience in both disciplines has culminated many successful real estate development projects in California and other states.

Paul Owhadi holds a Bachelor’s degree in Political Science from Wilmington University in Delaware and a Graduate degree in Public Administration, Urban and Regional Studies from Ball State University in Indiana.

In 1975, Mr. Owhadi was appointed to the position of City Manager in York Town, Indiana. At that time, he was the youngest City Manager in the state. His tenure includes serving as City Manager and Chief Executive Officer of several other cities throughout the country.

In July 1983, Mr. Owhadi was appointed President and Principal Shareholder of Tri-Coastal Development Corporation (TCD), a subsidiary of two major Southern California development companies (SLP and PAE Corporations). While continuing as President of TCD Corporation, Mr. Owhadi was appointed Senior Vice President of Real Estate Development in charge of the national division of the Sheldon L. Pollack Corporation. Under Mr. Owhadi’s direction, TCD Corporation successfully completed a series of major residential, commercial, and industrial projects. TCD Corporation also provided consulting services to municipalities and redevelopment agencies in California.

After his departure from the TCD and the SLP Corporations, he founded Sierra Pacific Development, Inc. in October 1990. Sierra Pacific Development, Inc. is a diversified development and construction company specializing in residential, commercial, and industrial development.

Mr. Owhadi also is currently the Key Principal/Chairman of the Board and/or the Managing General Partner of over thirty active companies specializing in the following areas:

Single and multi-family residential development including subdivisions.

Construction of residential, commercial and industrial projects.

Investment in commercial, residential, and industrial real estate properties.

Real estate development/joint ventures with various institutional organizations.

Medical/psychological services through California Psychological Institute and Gateway, LLC.

In addition to his business activities, Mr. Owhadi holds a Lifetime Teaching Credential in California and has lectured at several colleges and universities. He is the recipient of numerous awards, citations, and recognitions including California Businessman of the Year in 2005; the Governor’s Award from the Governor of Kentucky for his accomplishments as City Manager of Ludlow, Kentucky; service awards from the Fresno County Economic Opportunity Commission; and awards of excellence from several U.S. cities for his work performance and accomplishments.

In 2005, Mr. Owhadi was selected by the National Republican Congressional Committee as Businessman of the Year representing the state of California.