LEADERSHIP
Steve Elson, co-founding partner
Prior to co-founding Alta West Partners, LLC, Steve Elson was a Partner at Montana Avenue Capital Partners, LLC, where he joined six months after inception. During his 10-year tenure at the firm, Steve was jointly responsible, with Brad Pennington, for the acquisition, leasing, asset management, and disposition of projects across the U.S. He also served on the investment committee of Arsenale Real Estate SGR, a European AIFMD compliant closed-end real estate fund regulated by the Bank of Italy (Banca D’Italia). Steve’s geographic focus was on Los Angeles, Santa Barbara, Silicon Valley, and Seattle.
Before joining Montana, Steve was the Director of Asset Management at The Luzzatto Company, Inc. / Welk Real Estate, where he identified and underwrote potential value-add and opportunistic investments for the firm and advanced development deals, including the entitlement of a 400-unit, transit-oriented mixed-use project in Santa Monica, CA. He also oversaw an approximately one million square foot creative office, film and television studio, retail, residential, and industrial portfolio which included tenants in the entertainment, technology, music, advertising, e-sports, fashion, and consumer products industries.
Steve earned his B.A. degree in Government, with a Leadership Sequence, from Claremont Mckenna College and also holds a California Real Estate Broker’s License. He resides in Pacific Palisades, CA with his wife and daughter.
Brad Pennington, co-founding partner
Prior to co-founding Alta West Partners, LLC, Brad Pennington was a Partner and Chief Compliance Officer at Montana Avenue Capital Partners, LLC. During his 8-year tenure at the firm, he was jointly responsible, with Steve Elson, for the acquisition, leasing, asset management, and disposition of projects across the U.S. He also served on the investment committee of Arsenale Real Estate SGR, a European AIFMD compliant closed-end real estate fund regulated by the Bank of Italy (Banca D’Italia). Brad’s geographic focus was on San Diego, Los Angeles, Boston, and Washington D.C.
Before joining Montana, Brad was a member of the acquisition team at MetLife Real Estate Investors, the real estate arm of the largest US life insurer with more than $100 billion AUM. While there, Brad covered all asset types across California, Hawaii, Arizona, New Mexico, and Nevada but was primarily responsible for sourcing and closing industrial and office acquisitions in Southern California. Prior to MetLife, Brad spent time in both acquisitions and capital markets roles.
Brad received a B.A. degree from San Diego State University and an M.B.A. from the UCLA Anderson School of Management where he was named a Peter Bren Distinguished Fellow. He also holds the Chartered Alternative Investment Analyst designation. Brad resides in Los Angeles, CA with his wife and two children.
STEVE ELson,
co-founding partner
Prior to co-founding Alta West Partners, LLC, Steve Elson was a Partner at Montana Avenue Capital Partners, LLC, where he joined six months after inception. During his 10-year tenure at the firm, Steve was jointly responsible, with Brad Pennington, for the acquisition, leasing, asset management, and disposition of projects across the U.S. Steve’s geographic focus was on Los Angeles, Santa Barbara, Silicon Valley, and Seattle.
Before joining Montana, Steve was the Director of Asset Management at The Luzzatto Company, Inc. / Welk Real Estate, where he identified and underwrote potential value-add and opportunistic investments for the firm and advanced development deals, including the entitlement of a 400-unit, transit-oriented mixed-use project in Santa Monica, CA. He also oversaw an approximately one million square foot creative office, film and television studio, retail, residential, and industrial portfolio which included tenants in the entertainment, technology, music, advertising, e-sports, fashion, and consumer products industries.
Steve earned his B.A. degree in Government, with a Leadership Sequence, from Claremont Mckenna College and also holds a California Real Estate Broker’s License. He resides in Pacific Palisades, CA with his wife and daughter.
BRAD PENNINGTON,
co-founding partner
Prior to co-founding Alta West Partners, LLC, Brad Pennington was a Partner at Montana Avenue Capital Partners, LLC. During his 8-year tenure at the firm, he was jointly responsible, with Steve Elson, for the acquisition, leasing, asset management, and disposition of projects across the U.S. Brad’s geographic focus was on San Diego, Los Angeles, Boston, and Washington D.C.
Before joining Montana, Brad was a member of the acquisition team at MetLife Real Estate Investors, the real estate arm of the largest US life insurer with more than $100 billion AUM. While there, Brad covered all asset types across California, Hawaii, Arizona, New Mexico, and Nevada but was primarily responsible for sourcing and closing industrial and office acquisitions in Southern California. Prior to MetLife, Brad spent time in both acquisitions and capital markets roles.
Brad received a B.A. degree from San Diego State University and an M.B.A. from the UCLA Anderson School of Management where he was named a Peter Bren Distinguished Fellow. He also holds the Chartered Alternative Investment Analyst designation. Brad resides in Los Angeles, CA with his wife and two children.