Siddhartha Lakireddy

Board Member

Sid is a Principal with Berkeley-based Anchor Valley Partners (AVP) which he co-founded in September 2012. AVP is a vertically integrated boutique real estate investment company focused on the acquisition, repositioning and development of multifamily, student housing, office and medical office space in the Bay Area and the Central Valley. Sid has completed over $200m in real estate development and acquisitions. His current projects include a 40-unit mixed-use development project in downtown Oakland, a 124-bed student housing development project next to UC Berkeley, a $10m value-add repositioning of 29-units adjacent to UC Berkeley, and the redevelopment of a 20,000 sf office building in downtown Oakland.

Concurrently, Sid has also returned to his roots in Merced by actively pursuing development on his numerous agricultural investments there. He recently completed the first phase of an approximately 120,000 sf medical office development adjacent to a UC teaching hospital in Merced. In addition, since attending the groundbreaking ceremonies for UC Merced in 2005, Sid has acquired 32 acres adjacent to the new campus and is working on the concept for a mixed-use development that interfaces with the UC Merced long-range development plan to create a progressive LEED certified master-planned development.

Sid self-manages all of his properties. He has extensive property management and operations experience from having 3rdparty managed the largest portfolio of property in Berkeley—3,500 student housing beds, along with 200k sf of commercial and retail space. AVP’s property management arm, which Sid founded and runs, is Square One Management. Because of his extensive experience, Sid served on the Chancellors Task Force for Student Neighbor Relations at UC Berkeley, was head of the Berkeley Property Owner’s Association for seven years and currently is in his 2nd year as President of the California Rental Housing Association representing 22,000 apartment owners across the state.

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