Drachman, Rawson Form Investment, Development Company
March 12, 2019
John Drachman, founder of Stillwater Investment Group, and Sean Rawson, founder of The Waterford Group, have joined forces to create a new real estate firm under the brand Waterford Property Company. The new entity, a Newport Beach, CA-based diversified real estate investment and development company, brings together commercial real estate leaders who have collectively acquired or been part of more than $1 billion in commercial and residential projects throughout California and Arizona.
Drachman says, “Sean and I know each other’s strengths well, as we’ve already completed 25 joint ventures together acquiring existing multifamily value-add projects. Our new platform will be a best-in-class operator for both residential and commercial properties delivering the highest value to our investors and tenants.”
The pair will leverage their deep industry relationships and expertise to position Waterford at the forefront of the growing live/work/play environments across the western United States, with a strong focus in SoCal. Together, they are a well-capitalized and diverse real estate firm with Rawson leading the residential division and Drachman leading the commercial division.