Don Pierce is the Chief Operating Officer of the Wesco Companies, which includes Colich Construction, Wesco Infrastructure Technologies, Wesco Homes and Development and the Wesco Rental Business. Prior to joining Wesco, Mr. Pierce was the President and Chief Executive Officer of Superior Real Estate for two years. He was President and Chief Executive Officer of Acacia Equities for seven years prior to joining Superior. Before his appointment of President and CEO, he was the Chief Financial Officer (CFO) of Acacia Construction, Inc., the company that spun off Acacia Equities, Inc.
Mr. Pierce is experienced in many facets of the multifamily real estate industry including: acquisition, disposition, financing, property management, asset management, development, rehabilitation, turnarounds and workouts. During his career, he has been involved in the acquisition of more than 3,000 multifamily units, disposition of more than 3,000 multifamily units, development of more than 2,000 multifamily units and management of more than 6,000 multifamily units. In addition, he completed financing in excess of $300,000,000 and was involved in ten syndications that raised over $27,000,000 in equity capital from high net worth individuals used in conjunction with secured financing to purchase over $100,000,000 of real estate assets.
Mr. Pierce has achieved superior results throughout his career, which he believes is a result of many factors. These factors include execution of a sound strategy by well-trained qualified people, a commitment to excellence, honesty and integrity, teamwork, thorough operating policies and procedures, aggressive management and attention to detail.
Mr. Pierce received his Masters in Business Administration (MBA) from University of California, Irvine and his Bachelor of Science degree in Business Administration with a concentration in Financial Management from California State University, Long Beach. Mr. Pierce is a licensed real estate broker, a member of the Young Presidents Organization and a member of the National Multi Housing Council. Mr. Pierce resides with his wife and three sons in California.