Presidio Bay Ventures

Presidio Bay Ventures is a commercial real estate investment and development firm based in San Francisco, California, established in 2012. The firm focuses on the design, construction, and long-term operation of various property types for both private and public sector tenants throughout the United States. It specializes in multi-family, industrial, and office properties while also engaging in early-stage investments in companies that offer products or services related to real estate, government, finance, consumer services, workflow and project management, security, design, construction, and analytics.

Matt Bernstein

Director of Portfolio Management

5 past transactions

AvantStay

Series A in 2018
AvantStay is a hospitality brand specializing in short-term rentals tailored for group travel, primarily targeting millennial consumers. Founded in 2016 and headquartered in Los Angeles, California, the company leverages technology to offer affordable and authentic vacation experiences. AvantStay's platform facilitates a seamless booking process, allowing users to browse and reserve rental homes that meet their specific needs. By focusing on curated group experiences, AvantStay aims to redefine how people travel by enhancing the convenience and quality of short-term rental accommodations.

Latch

Series B in 2018
Latch is a New York-based company that enhances access management for modern buildings through its innovative keyless entry security systems. The company offers a comprehensive solution that allows property owners to manage all doors within multi-family buildings via a smartphone application. This system also enables residents to grant time-limited access to guests and service providers, improving convenience and security. LatchOS, the software platform developed by the company, operates across North America, serving diverse environments from affordable housing to luxury residential towers. Latch collaborates with a range of real estate developers, from large corporations to local property owners, to improve the living, working, and visiting experiences in various types of buildings.

Latch

Series B in 2018
Latch is a New York-based company that enhances access management for modern buildings through its innovative keyless entry security systems. The company offers a comprehensive solution that allows property owners to manage all doors within multi-family buildings via a smartphone application. This system also enables residents to grant time-limited access to guests and service providers, improving convenience and security. LatchOS, the software platform developed by the company, operates across North America, serving diverse environments from affordable housing to luxury residential towers. Latch collaborates with a range of real estate developers, from large corporations to local property owners, to improve the living, working, and visiting experiences in various types of buildings.

Starcity

Series A in 2018
Starcity Properties, Inc. is a San Francisco-based company that develops and operates co-living homes, focusing on community-based living for residents. Established in 2016, Starcity offers co-living apartments in San Francisco, Oakland, and Los Angeles, with nearly 500 beds already in operation and a development pipeline of approximately 2,000 units. The company's team of 45 professionals comes from diverse backgrounds in real estate, technology, design, and hospitality, with experience from notable companies such as Airbnb, Google, and Uber. Starcity differentiates itself in the co-living market by functioning as both a General Partner and Operator, possessing full-stack capabilities in real estate development, design, and management. This comprehensive approach allows them to maintain a strong focus on project details and foster a commitment to making urban housing more accessible.

AvantStay

Seed Round in 2017
AvantStay is a hospitality brand specializing in short-term rentals tailored for group travel, primarily targeting millennial consumers. Founded in 2016 and headquartered in Los Angeles, California, the company leverages technology to offer affordable and authentic vacation experiences. AvantStay's platform facilitates a seamless booking process, allowing users to browse and reserve rental homes that meet their specific needs. By focusing on curated group experiences, AvantStay aims to redefine how people travel by enhancing the convenience and quality of short-term rental accommodations.
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