With a focus on commercial real estate, Mike develops lasting relationships through outstanding client support and long-term results. Leveraging years of business experience, local knowledge, and industry contacts, Mike locates sites, buyers, and sellers and can provide the services of a Developers Representative. He develops a deep understanding of his client’s goals, conducts market and economic research, identifies potential sites, develops joint ventures, negotiates leases and sale terms, and facilitates the transaction from beginning to end.
With a degree from the University of Southern California’s Marshall School of Business with an emphasis in economics and real estate, he was a student of White House Economic Advisor Arthur Laffer. He worked through college at Lehman Brothers Investment Banking, American Express Financial, and the University’s Patent Office. This left nights and weekends to waiting tables, teaching sailing, and running charters on sailing vessels. Born in Spain to American parents, he lived in Southeast Asia, where he gained an appreciation for economic development.
He started his career at Chase Manhattan Real Estate Corporation, managing $380M of construction financing for projects in Los Angeles and Orange counties, including master-planned communities, high-rise buildings, and industrial parks. Next in his career, he helped grow two environmental technology businesses and a knowledge of patent licensing and international joint ventures.
On the central coast, he grew connections in the public and private sectors and gained knowledge of the local real estate market and economy. His public-sector experience at Cal Poly State University is where he managed the planning, funding, and development of the university technology park and managed industry relations for patented discoveries. As President & CEO of the Economic Vitality Corporation (EVC), a regional economic development organization, he and his team empowered entrepreneurs, helped businesses, and bridged local government by providing advice, analysis, and resources for all. The EVC commissioned regional economic strategies, economic impact studies, and innovative business resources. His work included air service development to create the new SLO County Regional Airport terminal and tripling its flights and destinations. In addition, his fundraising track record was very impactful.
In serving the community, Mike served on the following boards and advisory committees:
Cal Poly Local Economic Development Council
Cal Poly Orfalea College of Business & College of Engineering
CALED (California Association for Local Economic Development)
California Space Authority
CASA (Court Appointed Special Advocates)
Central Coast Economic Forecast
Central Coast Venture Forum
County Office of Education, SLO Partners
Cuesta College Business Advisory Council
Rabobank Advisory Council
SOFTEC (Central Coast Software & Technology)
Twin Cities Community Hospital Governing Board (Tenet Healthcare)
UCSB Economic Forecast Project
Visit SLO CAL Advisory Council
Workforce Investment Board
“Michael Manchak has proven to be an extremely valuable real estate advisor. From sourcing a very particular property need as well as entitlement, market research, and due diligence, Michael provides a unique skill set and network that is especially beneficial to out-of-area developers. I highly recommend Michael and his team and look forward to doing more business with him in the near future.”-Bernie Corea, Director of Land Acquisitions, AutoCamp, Santa Barbara, California