Somera Capital Management is a boutique real estate investment firm founded in 1994 and headquartered in Carpinteria, California. With over 25 years of experience, the firm has completed more than 120 transactions and currently manages approximately $850 million in assets. Somera focuses on value-added investments across various asset classes, including hospitality, retail, office, and multifamily properties, employing strategies such as joint ventures, preferred equity, and mezzanine financing. The firm emphasizes capital preservation and aims to deliver attractive, risk-adjusted returns to its accredited investor partners. Somera operates additional offices in Newport Beach, California, and Washington, D.C., and is led by co-founders David Brown and Steve Firestone, who have an average of over 20 years of partnership experience.