Michael Kraszulyak – Co-Founder/Owner
Michael Kraszulyak and John Steuart formed Savvy Properties LP in 1988 to acquire undervalued properties in the East Bay Area. Their thesis was simple: offer high-quality housing to tenants at affordable rents. Over three decades, Savvy Properties has succeeded in building a high-value portfolio.
Michael is a Licensed California Real Estate Broker, and currently holds a wide range of designations, such as the Certified Commercial Investment Member (CCIM) designation and Society of Industrial and Office realtors (SIOR) designation. He is also a member of the California Apartment Association (CAA) Board of Directors, and has previously been a member of both the Appraisal Institute and the Institute of Real Estate Management.
Michael started his career as a commercial real estate broker at Knowlton Realty in Denver, where he learned key skills, such as leasing, selling, negotiating, and closing property sale and lease transactions. In 1988, Michael returned to San Francisco to become a founding partner and top producer at Stubbs, Collenette & Associates, a 23-agent firm that was sold to Grubb & Ellis Company in 1996. Michael leased over 1,035,000 square feet of office space with a transaction value of $97,000,000. While at Grubb & Ellis, Michael focused on selling apartment properties and closed over 1,500 units totaling $170,600,000.
In 2001, Michael started Savvy Real Estate Services, Inc., specializing in real estate brokerage and third party management. In 2006, Michael founded Savvy Real Estate Capital, which provided private money loans to borrowers where each loan was secured by deeds of trust. Between 2007 and 2013, 50+ loan transactions were funded totaling approximately $23,000,000.
Michael now has over 32 years of experience in commercial and multifamily real estate. He has a keen understanding of real estate finance and lending; property investment analysis and appraisal; property management and rent control; and transaction structuring and contracts.
Michael lives in Lafayette, California with his wife and two children.
John Steuart – Co-Founder/Owner
John Steuart co-founded Savvy Properties, L.P., with Michael Kraszulyak, in 1988. Savvy Properties, L.P. is an investment property holding company.
John has been managing real estate, private equity and venture capital funds for more than 20 years. In addition to co-founding Savvy Properties, John was managing director for Claremont Creek Ventures (co-founder), Prolog Ventures, and Steuart Ventures.
In 1995, John also co-founded CyberGold, an Internet payments and loyalty marketing company. The founding team built the company from three co-founders to 150 employees and took it public. After IPO came a $500 million merger with a competitor, Mypoints. The combined company was acquired by United Airlines. John spent the next couple of years working at its corporate VC arm, United Airlines New Ventures, serving as the Senior Vice President of Strategic Partnerships. In 2007, John led the Series A investment in Natera together with Sequoia Capital. The molecular diagnostic company successfully completed an IPO in July 2015. John currently invests in testing technologies and digital health. In August 2015 Roche acquired John’s portfolio company GeneWeave in a $425 million transaction. In August 2016, Myraid Genetics purchased John’s portfolio company Assurex in a $410 million deal. John currently serves on the boards of Natera (NTRA), SmartZip, and Rally4.
John is an Industry Fellow at the Center for Entrepreneurship and Technology at the College of Engineering and a member of the Advisory Council to the Lester Center’s Berkeley Entrepreneurs’ Forum at UC Berkeley. Early in his career, he joined Alafi Capital, an Emeryville-based venture firm specializing in early-stage biomedical companies, where he served as an officer of the General Partner. At Alafi, John led investments in more than a dozen successful start-ups, and served as the senior executive and board member of various firms such as Tanox (acquired by Genentech), Software Ventures (acquired by PSInet), Lipomatrix (acquired by Collagen Corp.) and Megan Health (acquired by Avant Immunotherapeutics).
Under John and Michael’s three decades together at Savvy, assets, rents and EBITDA have all grown over 100 fold.
Thomas Chan – CFO
Thomas Chan joined Savvy Properties as an Accountant in 2004 with over 10 years of experience in commercial property management, accounting, taxation and auditing. Prior to joining the Savvy Properties team, Thomas graduated from the University of Greenwich, U.K., where he earned a Bachelor’s Degree in Accounting, and held positions as auditor and accountant with a wide range of accounting and taxation experience in both Hong Kong and the US. Currently, Thomas is responsible for all accounting functions at Savvy Properties, and is also a registered California tax preparer. Thomas’ august expertise in accounting & financial management has led to his strong ability to implement strategies to expand revenue, reduce expenses, and contribute to Savvy Properties’ overall success.
Adriana Lewis – Executive Assistant & Marketing Director
Adriana Lewis started out her employment at Savvy Properties as an intern in 2014. Before joining the Savvy Properties team, Adriana took advantage of developing her skills and professional experience by accumulating over 3 years of work in customer service and sales fields, while also being a full time college student at the University of California, Berkeley. Shortly after graduating from UC Berkeley in May of 2016 with a B.A. in Sociology and an emphasis in Gender and Women’s Studies, Adriana was promoted to a position as Executive Assistant & Marketing Director.
With a personal objective of attaining a law degree at UC Berkeley School of Law, and further pursuing a career as a real estate attorney, Adriana has utilized her time at Savvy Properties acquiring the knowledge needed to understand the real estate and property management industry in its entirety. In addition, Adriana has made it a priority to enhance Savvy Properties’ operations in a way that guarantees the company’s ability to exceed occupancy goals and take on a significant number of 3rd party clients. Currently, Adriana is working on attaining a California Certified Residential Manager (CCRM) certification from CAA University and a California Real Estate License.
Essentially, during her time at Savvy Properties, Adriana has demonstrated an exceptional ability to work in high-volume and fast-paced environments, liaise effectively and professionally with individuals at all levels, and understand complex problems from a person-centered dynamic. Thanks to her passion for working with diverse populations and her interest in gaining new educational perspectives and skills, Adriana has done a great job thus far, helping Savvy Properties grow and succeed.
Mike Pao – Maintenance Director
Mike Pao has been an essential part of the Savvy Properties team for over 12 years. He holds several certifications, and possesses extensive knowledge in applicable building codes, ordinances, requirements and regulations, utility systems and equipment, carpentry, electrical work, HVAC systems, construction, plumbing, painting, landscaping, and general custodial and maintenance work. Mike demonstrates great success in prioritizing work orders, while simultaneously managing multiple repair projects, and maintaining positive relations with our residents. Mike’s strong work ethic has enabled him to provide nothing short of superior maintenance and quality customer service.