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Business Details
48 Years
experience
Your Trusted Partner for Real Estate Solutions
Parsa Properties has been developing, managing, and investing in real estate assets for over 35 years. Our team's diverse skill sets and extensive experience enable us to provide flexible solutions for partners, investors, and communities. We specialize in multifamily property rehabilitation and rebranding through hands-on construction and asset management. Our built-to-suit development model combines strategic selection, professional planning, and detailed execution to create value for stakeholders.

With deep roots in California, Nevada, Arizona, and Texas markets, we leverage our in-house expertise across acquisitions, development, property management, and construction services to maximize asset value. Our owner-centric approach ensures accountability and long-term success across all phases of real estate investment cycles.
Services
Acquisitions & Development Construction Services Property Management Asset Repositioning Tenant Management
Details
  • Year established: 1978
Highlights and features
  • We have over 35 years of experience in real estate development and management
  • Our in-house expertise spans all aspects of real estate operations
  • We focus exclusively on Western US markets with deep local knowledge
  • We maintain a hands-on approach to every project we undertake
  • Our team provides strategic planning with detailed execution capabilities
Services
Acquisitions & Development
Our acquisitions and development division specializes in identifying multifamily properties for total rehabilitation and rebranding. We leverage extensive market research and industry partnerships to strategically acquire assets in California, Nevada, Arizona, and Texas. Our team manages the complete development lifecycle from initial acquisition through to repositioning and divestment.
Construction Services
The construction services division handles complete property transformations including apartment unit renovations, building facade upgrades, and common area improvements. Our in-house team ensures quality control, cost efficiency, and timely execution of all capital projects. We specialize in enhancing asset value through targeted mechanical, electrical, and structural upgrades.
Property Management
Our property management services focus on maximizing asset value while maintaining high-quality living environments. We provide comprehensive management solutions including tenant relations, maintenance operations, and financial reporting. The division emphasizes strategic planning and owner-focused decision-making to optimize long-term returns.
People
Mike Parsa
Managing Partner
Mike Parsa co-founded Parsa Properties in 1978 and oversees strategic operations. With over 40 years of real estate experience, he directs the company's development and investment strategies across Western US markets.
Pouria Parsa
Managing Partner
Pouria Parsa serves as Managing Partner with responsibility for day-to-day operations. He brings extensive expertise in real estate finance and investment management to the company's portfolio of commercial and residential assets.
Mary Capaz
Director of Operations
Mary Capaz manages operational activities with over 20 years of experience in real estate management. She oversees property operations, vendor relations, and process optimization to ensure efficient asset performance.
Amir Hafez
Regional Property Manager
Amir Hafez leads property management efforts for key regional portfolios. He specializes in tenant relations, lease administration, and property performance optimization across multifamily and commercial assets.
Questions
What geographic areas do you serve?
We focus exclusively on California, Nevada, Arizona, and Texas markets where we have established deep local expertise and industry relationships.
What types of properties do you manage?
We specialize in multifamily residential developments and commercial properties, providing comprehensive management, renovation, and development services.
How do you add value to properties?
Our integrated approach combines strategic acquisitions, hands-on construction services, and professional property management to maximize asset value through targeted improvements and efficient operations.
What makes your company different?
Our unique combination of in-house expertise across all real estate disciplines, owner-centric approach, and long-term market knowledge enables us to deliver superior value to investors and tenants.
Reviews (7)
Jennifer Heu
Mar 01, 2022 Report
Parsa Properties has managed my condo for the past few years and has made it seamless for both my tenants and myself. All tenant questions and requests are met with prompt solutions and answers. Thank you Parsa Properties!
Madison Rogers
May 06, 2021 Report
I've lived in my apartment for about a year now and it's my favorite place I've lived so far in LA! Amir is so nice and helpful. He always checks in to see if there is any more he can do to improve our living experience. It's been a great experience and I love the apartment building!
Siyar M.
Jan 30, 2021 Report
I have lived in their Studio City property for years and they're always on top of everything. Amir reaches out to me constantly to make sure everything is good with my unit. The maintenance team especially Cecilio are extremely professional and get the job done fast. Thank you for the amazing customer service. Don't hesitate to move in if you are looking for a new apartment.
Haley Brach
Nov 11, 2020 Report
I have lived here for over 2 years now and I absolutely love it. They are constantly maintaining and improving the property. Amir is great, he is very helpful and responds quickly!
Juan Romero
Jan 06, 2020 Report
Parsa Properties, at first, seemed like the real deal. we saw the apartment that was being offered, and we stayed in touch with Amir throughout the entire process. he mentioned that everything was done online. everything. out of desperation, we submitted everything within a day and asked when we can give our deposit so we can sign the contract. Amir said that we had to pay our deposit online so we can receive the contract to sign, submit, and get the keys. we paid, what seemed to be a part of the deposit: $1000.

Once we paid, we asked about the contract. We did not receive an answer. in fact, we did not get any type of response the second we made the $1000 payment. I called so many times, left messages, and also called his "personal" number. Amir ghosted us, and we nearly lost our money. I had to stop the payment through my bank by paying an extra $30. you WILL get scammed if you deal with this property management and Amir.
IFrancisca Perez
Jul 08, 2018 Report
Is the worse place to leave here on San Antonio TX the manager never do nothing he is not even on the office and since March 19 I have a problem with one of the restrooms an is creating mold thanks to the apartment upstairs that the manager doesn't fix and everything time I tell him he will tell me that he will put me a broken lease or a viction so my next step is to go legal anyways I have the proves
Juan Garza
Apr 14, 2018 Report
I live in one of those properties in San Antonio, tx. There is so much roches and nothing is done. I can't even put my dishes in the cabinets because of the bugs. I asked them to spray and they said they canceled their contract.