AC Ventures

Profile

A&C Ventures, Inc. (ACV) is a privately-owned commercial real estate investment firm headquartered in Sonoma, California. Established in 1992 by David Grieve, ACV specializes in acquiring and managing a diverse range of real estate asset classes, including single-tenant net-leased retail, multi-family, industrial/office spaces, and mixed-use redevelopment properties. The firm's management team co-invests with its high net worth partners, ensuring alignment in their objective of achieving long-term, tax-efficient, above-market rates of return. ACV's portfolio, valued at around $800 million, is distributed across various single- and multi-asset limited liability companies and partnerships.

ACV primarily invests in commercial real estate properties with high intrinsic value. Their activities span nationwide, with asset classes that include retail spaces, multi-family units, restaurants, mixed-use developments, office, and industrial properties. The firm does not focus on early-stage venture capital or technology-driven investments, remaining concentrated on real estate asset management and development. It operates multiple funds, but their sizes and specific names are not publicized.

Notable holdings in ACV's portfolio include major tenants like Dollar Tree, CVS, and AutoZone across various locations in the United States. The company also has significant interests in the hospitality sector through its parent company, Diversified Restaurant Group, which operates several Taco Bell and Arby’s franchises. In addition, ACV has stakes in multiple restaurant and hospitality ventures in California, such as The Bungalow Kitchen by Michael Mina and Petite Left Bank.