Portfolio Consultant- Adelante Capital Management LLC
Michael A. Torres is a Principal, Chief Executive Officer and portfolio manager. Mr. Torres joined the firm in February 1995. He has 25 years of real estate and securities research experience. Prior to joining Adelante, Mr. Torres was the Director of Real Estate Research and a portfolio manager for Wilshire Asset Management. At Wilshire, he created the Wilshire Real Estate Securities Index, widely recognized as the industry’s performance benchmark. Mr. Torres serves on the Board of the Finance Committee for the Stern Grove Festival Association and on the Advisory Boards for City National Bank, Challenge Success, and UC Berkeley’s Cal Athletics. Mr. Torres is also a member of the WPO Network. Mr. Torres received a B.A. in Architecture and a M.B.A. from University of California, Berkeley.
Adelante Capital Management, based in Oakland, CA, is an employee- and minority-owned SEC-registered REIT and real estate investment advisor dedicated to investing in optimally-valued, publicly-traded commercial real estate securities. Since 1995, Adelante Capital Management’s team of commercial real estate investment professionals has created and managed portfolios of real estate securities and domestic real estate investment trusts (REITs). Their longstanding success as a boutique real estate investment firm is based on the conviction that each company they invest in has underlying real estate assets which are the key drivers of long term real estate security performance. Their real estate investment team has deep experience and unique skills finding REIT and commercial real estate investment opportunities by uncovering market inefficiencies between current security prices and underlying property values.