Serpa Partners is a real estate investment platform targeting a variety of opportunities throughout the Southwest and beyond.

Company Overview

Unlocking intrinsic real estate value

Serpa Partners is a real estate investment and operating platform dedicated to unlocking intrinsic real estate values in select markets through efficient operations and leveraging local relationships established over the last 20 years in the global institutional real estate sector. Investment activity will focus on product types for which the partners have extensive experience, including flex office/R&D/industrial, office, location-driven multifamily, and land entitlement and development.

Serpa Partners primarily targets investment opportunities in the Southwest. Serpa Partners has a well established base of debt and equity capital providers nationwide and is committed to building lasting relationships with both its investors and counterparties with a guiding purpose of executing transactions with integrity and efficiency.

Office / Flex / R&D

Industrial & Multifamily

Studio & Life Sciences

Land Entitlement & Development

Transactions

Selected investments

Aerial view of Cielo Center's three office buildings with the downtown Austin skyline in the distance

Cielo Center

West Lake Hills · Austin, Texas

Type
Class-A office campus
Size
286,000 RSF
Acquired
November 2025
Partner
Aquila Operating Partners

Cielo Center is a 286,000 RSF Class-A office campus located in Austin’s West Lake Hills with sweeping views of downtown. It was acquired in a lender-driven transaction in November 2025 in a joint venture with Aquila Operating Partners and was capitalized with private capital.

Our Team

Partners

Erik Thoreen

Erik Thoreen

Erik Thoreen is a seasoned real estate executive, formerly with Hudson Pacific Properties, with over 14 years of experience leading high-value, cross-border investments and large-scale developments across the US, Canada and Europe. He has driven more than £16.7 billion in global real estate transactions, excelling in structuring complex deals, leading joint ventures, and driving strategic market expansions. His deep expertise in multiple real estate sectors, including office, mixed-use, retail, residential, and film studios, provides a competitive advantage through a vast network of relationships. He is a graduate of the University of Southern California.

Michael Provost

Michael Provost

Michael Provost spent over 17 years at DivcoWest Real Estate Investments, most recently as Senior Managing Director overseeing investments in the Southwest as well as select transactions nationwide. Over that time, he resided in Boston, San Francisco (HQ), Austin, and spent the last 12 years opening and managing the Los Angeles office, and was responsible for all investment, development, and operational activities in the Southwest region. During his tenure, he oversaw the acquisition of approximately 6 million square feet while deploying $1.2 billion of equity, and directly worked on over 50 transactions worth more than $8.5 billion in consideration. He is a graduate of Williams College.