San Diego-based Sunrise Management – which has specialized in the management of multifamily real estate since 1978 – has appointed Peter Richter as its new vice president of client strategy, adding a seasoned real estate executive with nearly two decades of experience in investor relations, capital raising, asset management and property management.
In his new role, Richter will help guide the company’s strategic growth initiatives, strengthen investor and client relationships, identify new business opportunities and support the continued expansion of Sunrise Management’s multifamily portfolio throughout California.
Richter brings a diverse background spanning real estate operations and investment strategy with a proven ability to align financial performance with long-term growth objectives. He was most recently director of capital markets and investor relations for La Jolla-based Interwest Capital, where he successfully placed over $92 million in equity and debt against a diverse portfolio of development projects and also oversaw investor relations for a portfolio exceeding $1 billion.
Prior to Interwest Richter was the director of investor relations and asset management for Davlin Investments, helping place more than $85 million in equity and facilitating the acquisition of over 1,300 apartment units throughout Riverside, Sacramento, Las Vegas and Phoenix. His experience also includes operational leadership of large multifamily communities in San Diego with UDR, Pinnacle International and Holland Residential.
“Peter brings an exceptional combination of institutional investment expertise and hands-on property operations experience,” said Theresa Cordero, president of Sunrise Management. “That rare perspective makes him uniquely qualified to help guide our next phase of growth while continuing to deliver outstanding results for our clients.”
He holds a Bachelor of Arts degree in interdisciplinary studies from Arizona State University.
Sunrise Management, a San Diego-based multifamily management firm with nearly five decades of local market expertise, has assumed day-to-day management of a six-property, 532-unit multifamily portfolio in Encinitas and Carlsbad through a new partnership with Property West Residential.
The portfolio, owned by San Diego-based Property West – an experienced multifamily owner with units across Southern California – is concentrated in highly desirable, supply-constrained coastal submarkets where limited new development, strong demographics and lifestyle-driven demand continue to reinforce long-term performance.
Sunrise Management, which has specialized exclusively in multifamily operations since 1978, will oversee marketing, leasing and daily operations for the communities, prioritizing a seamless transition for residents and a hands-on, neighborhood-focused management approach.
“These are sought-after coastal locations with strong community identities and reflect exactly why we remain bullish on San Diego’s multifamily fundamentals,” said Theresa Cordero, president of Sunrise Management. “Our goal is to ensure continuity for residents while enhancing the distinct character of each community through thoughtful operations and long-term stewardship. We’re proud to partner with Property West Residential, whose ownership philosophy closely aligns with our own.”
Each property offers a unique living experience rooted in its surrounding neighborhood:
- Elan Pacifico Encinitas
1100 Garden View Rd., Encinitas
A family-friendly, 120-unit community located near regional parks and major attractions offering convenient access to North County employment and recreation. - Elan Playa Mar
116 Quail Gardens Dr., Encinitas
A boutique coastal community featuring 50 townhome-style residences and ocean views in one of Encinitas’ most desirable residential enclaves. - Elan Quail Pointe
924 Encinitas Blvd., Encinitas
120 recently renovated beach-style homes offering elevated views and modern coastal design. - Elan Seacrest Encinitas
117 Rosebay Dr., Encinitas
An intimate 48-unit community providing a quieter, neighborhood-oriented living environment. - Elan Alicante La Costa
2385 Caringa Way, Carlsbad
A luxury 74-unit multifamily community adjacent to the iconic La Costa Resort blending resort-adjacent living with everyday convenience. - Elan Encinitas Terrace
454 Requeza St., Encinitas
A 55+ active adult community comprised of 120 homes offering abundant amenities tailored to wellness, social connection and coastal living.
According to Cordero, the partnership underscores both Property West’s and Sunrise Management’s long-term commitment and continued confidence in the region’s enduring multifamily demand drivers including a diverse economy, job growth, desirable climate and lifestyle.
San Diego-based Sunrise Management has expanded its leadership team with the appointment of Katie Evans as regional asset director for all Northern California operations.
In this new role, Evans will oversee Sunrise’s growing Northern California portfolio—currently nine properties totaling 948 units—while spearheading strategic planning, long-term marketing and day-to-day management initiatives. Her focus will be on strengthening market share and supporting the firm’s continued regional growth.
A 30-year veteran of the property management industry, Evans brings extensive experience across both for-profit and non-profit sectors with expertise in affordable housing and market-rate communities. She began her career as a leasing agent for Lewis Apartment Communities and most recently served as director of property operations for Mutual Housing California, a developer and manager of sustainable affordable housing.
“Katie is a tremendous addition to our team,” said Theresa Cordero, president of Sunrise Management. “She is dedicated to growing our Northern California portfolio by fostering a culture of trust, transparency and collaboration. Katie is deeply committed to building strong relationships with clients, owners and team members, working shoulder to shoulder to lay a foundation for sustainable success.”
With Evans at the helm, Sunrise is well-positioned for continued expansion across Sacramento, Sonoma and Mendocino and other key Northern California markets.
San Diego-based Sunrise Management has expanded its leadership team with the appointment of Katie Evans as regional asset director for all Northern California operations.
In this new role, Evans will oversee Sunrise’s growing Northern California portfolio—currently nine properties totaling 948 units—while spearheading strategic planning, long-term marketing and day-to-day management initiatives. Her focus will be on strengthening market share and supporting the firm’s continued regional growth.
A 30-year veteran of the property management industry, Evans brings extensive experience across both for-profit and non-profit sectors with expertise in affordable housing and market-rate communities. She began her career as a leasing agent for Lewis Apartment Communities and most recently served as director of property operations for Mutual Housing California, a developer and manager of sustainable affordable housing.
“Katie is a tremendous addition to our team,” said Theresa Cordero, president of Sunrise Management. “She is dedicated to growing our Northern California portfolio by fostering a culture of trust, transparency and collaboration. Katie is deeply committed to building strong relationships with clients, owners and team members, working shoulder to shoulder to lay a foundation for sustainable success.”
With Evans at the helm, Sunrise is well-positioned for continued expansion across Sacramento, Sonoma and Mendocino and other key Northern California markets.
Expanding its footprint in California’s Inland Empire, San Diego-based Sunrise Management has taken over the management – including marketing, leasing and day-to-day operations – of Riverside’s LuxLiv, a 62-unit multifamily community acquired by Vanamor, a real estate investment firm, for $19.75 million in August of this year.
Originally constructed in 2013, the three-story LuxLiv community – located at 3905 Dawes St. – now has a multitude of modern amenities, including EV charging stations, a fitness center, a swimming pool, a clubhouse with a coffee bar, an outdoor kitchen with barbecues, a community garden and an enclosed dog run. All apartments are outfitted with a washer and dryer, gourmet kitchens with granite countertops and stainless-steel appliances, hardwood floors and oversized dual pane windows.
Well situated just off the 91 freeway in a residential area close to shopping and dining, the development boasts ample floor plans ranging from 1,071 to 1,650-square-feet with two-, three- and four-bedroom apartments available. Rents range from $2,395 to $3,400.
Under the direction of Elibeth Giron, Sunrise Management’s new regional asset director, the company is expanding its footprint in the Inland Empire region, which encompasses Riverside and San Bernardino counties. “Because of our ability to add value via careful marking, branding and positioning, as well as a strong multifamily market in the region, Sunrise expects to experience significant growth in the Inland Empire and currently has four properties in area totaling 425 units,” Giron said.
San Diego-based Sunrise Management – a multifamily industry leader, which has specialized in the management of residential real estate since 1978 – has been reaccredited by the Institute of Real Estate Management (IREM®) as an Accredited Management Organization (AMO®). Part of an exclusive group of real estate management companies world-wide that have met the rigorous requirements necessary to earn this distinction, Sunrise Management has held the prestigious AMO® designation since 1997.
“We are honored to be awarded the AMO reaccreditation, the premier recognition of excellence given to property management firms,” said Theresa Cordero, president of Sunrise Management. “This designation is a testament to the perseverance, diligence and hard work of our staff, as well as to our firm’s steadfast commitment to quality and integrity.”
According to Cordero, this important certification sets the standard in property management excellence for firms of all sizes and is also about ethical best practices – building trust among building owners and investors while providing clear evidence that Sunrise has been subject to stringent review by a recognized third party.
AMOs demonstrate strong financial performance, outstanding leadership and adhere to a code of professional ethics strictly enforced by IREM to maintain integrity beyond reproach. Additionally, accreditation as an AMO requires firms to follow best practices in real estate management, demonstrating they meet standards and functions related to operations and service.
IREM introduced the AMO accreditation for property management firms in 1945, setting a high standard for firm conduct and client service. Today, out of the thousands of property management firms worldwide, there are just 500 AMO accredited firms.
