Central Coast Real Estate LLC is a privately held commercial real estate firm specializing in property management, brokerage and leasing, asset acquisition, capital investment, real estate development and project management. CCRE provides investors and owners with uncompromising and personalized expertise to ensure optimum asset values.
Making solid real estate investment decisions requires diligence, especially when the results tie directly to your personal wealth. With over 35 years of professional experience, the principals of CCRE bring together a full complement of resources tailored to meet investor goals.
With property management, brokerage and leasing is the core of CCRE’s business, other services provided include extensive due diligence, market research analysis, identification of evolving market trends, establishing the requirements of the entitlement process, outlining financial feasibility, developing project budgets with detailed proformas, and interpretation of budget data to provide project recommendations. Complete project management oversight, brokerage, leasing and ongoing property management ensure that each asset is closely monitored for maximum returns.
Katie K. Hay, PRINCIPAL
Ms. Hay began her real estate career in 1992 with Atlantic Retail Properties, the East Coasts leading retail real estate firm, where she had the opportunity to learn all aspects of the commercial real estate industry. She continued to hone her sales and marketing expertise after relocating to California and co-founded Central Coast Real Estate upon settling in Santa Barbara.
In addition to the property management, leasing and brokerage aspect of CCRE’s business, Central Coast Real Estate advises clients on decisions relative to the acquisition and development of property. These factors include extensive due diligence, environmental history, market research analysis, identification of evolving market trends, establishing the requirements of the entitlement process, outlining financial feasibility, developing project budgets with detailed proformas, and interpretation of budget data to provide project recommendations.
Ms. Hay has overseen numerous entitlement and development opportunities while working closely with City and County officials across all departments to develop thoughtful plans for the revitalization of failing or stalled real estate projects throughout Santa Barbara.
In 2011, Ms. Hay reached a landmark deal with the Regional Water Quality Control Board – Central Coast Region to sign its first ever agreement under the California Land Reuse and Revitalization Act of 2004 (“CLRRA”) providing immunity for her clients prior to their purchase of a local shopping center that had been stigmatized from previous contamination. She and her team analyzed the risk associated with the contamination, and on her clients behalf, took proactive measures with the Water Board to enter into the agreement to cleanup the property when no one else would take ownership of the problem.
David Hay – PRINCIPAL
David co-founded Central Coast Real Estate, LLC (CCRE) in 2008 bringing 18 years of Sales, Finance, Marketing and Management experience to the team. This diverse expertise enables David to advise on all aspects relevant to real estate acquisition, investment, development, construction, ownership and management. David’s business development experience and financial background have been essential in assisting clients in shaping and implementing their strategies, exceeding expectations and fulfilling objectives. Clients have found his ability to do onsite visualization of project problems and potential extremely helpful.
Since its inception, CCRE has provided a full service solution geared toward providing clients with the guidance and expertise necessary to invest in real estate portfolios of any size. The CCRE Team has redeveloped, leased and continues to manage many notable projects within Santa Barbara County including the Anacapa Project in the “Funk Zone”, Carrillo Plaza Shopping Center, the Bekins Building 47,000 square foot lease to Sonos, and the complete redevelopment of an old mobile home park from vacancy to a vibrant residential rental community in Solvang now known as Valley Gardens.
CA DRE Licensed Broker #01912130
Dan Ferrick, BROKER ASSOCIATE
Dan Ferrick began his Real Estate career by providing analytical and market research for two different companies in Boulder, Colorado. He then moved to Denver and joined Colliers Bennett & Kahnweiler, Inc. in 2003 as a member of the Pipkin/LaForte team specializing in office sales and leasing. His primary focus was marketing the team’s 532,000 SF of Office Lease Listings along with development of new business. He has been a part of the Gibbons-White, Inc. Brokerage team since 2004. Dan has worked on many different types of projects including office, industrial/flex, multi-family housing, and retail properties. Dan joined Central Coast Real Estate, LLC in 2013 after relocating his family to Santa Barbara. He brings a wealth of past service experience and extensive travel adventures to round out his unique business skills. He works in both Colorado and California.
Dan received his Bachelor’s degree in Business/Economics from UC-Santa Barbara in 1993. He has worked with clients such as Brookfield Properties (one of Colorado’s largest office owners and leasing companies), Computer Associates International, Inc., Starbuck’s, Fedex/Kinkos, Keller Williams Real Estate, Glacier Ice Cream, Lafarge, Cici’s Pizza, Encana Oil and Gas, Sprouts Natural Grocer, and CorePower Yoga. He has been involved in the marketing of buildings, researching and marketing to target market groups, and tenant/landlord as well as buyer/seller representation. He is an active member of the Denver Metropolitan Commercial Association of Brokers (DMCAB), member of the Commercial Brokers of Boulder (CBB), served as a board member for Higher Ground Youth Group in Denver, and served as president of Alpha Epsilon Pi Fraternity while attending UC- Santa Barbara.
Dan moved to Boulder from the Big Island of Hawaii in 2001, and then to Santa Barbara in 2013. He has traveled extensively throughout the Middle East, Asia, South Pacific, and North America. He helped install a computerized irrigation system on a 50- acre Kibbutz in Israel in 1992 and 1994. He has also organized several projects raising money for the visually impaired and Project Head Start.