THE TEAM

Newport Pacific Land Company LLC's accomplished leadership team share individual and collective experience in real estate finance, acquisition, entitlement, planning, "placemaking", product design and development. Their careers span decades and take in a wide array of achievements which include residential communities, as well as multifamily, age-qualified, commercial and industrial projects. Depth of expertise, insight, foresight and outstanding performance are the cornerstones of NPLC.


PRINCIPALS

Douglas Neff

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Chief Executive Officer

Along with his efforts at NPLC, Doug Neff is co-founding Principal and CEO of IHP Capital Partners; He also serves as Chairman of  the Board and is a member of IHP’s Investment Committee.

From 1985 until the founding of IHP Capital Partners, Mr. Neff was a Partner of The O'Donnell Group, a regional developer, owner and manager of commercial and industrial real estate. Prior to 1985, he was Treasurer of The Irvine Company and a Vice President in the Real Estate Industries Group at Wells Fargo Bank in San Francisco.

Mr. Neff’s background in real estate and finance has provided him with extensive experience in real estate transactions and a deep knowledge of the real estate industry.

A graduate of Amherst College, he received a Master of Business Administration Degree from the University of Chicago in Finance and Economics. Mr. Neff is also a member of the Policy Advisory Board of the Fisher Center for Real Estate at the University of California, Berkeley.


Derek Chen

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Derek Chen is the Chairman and founder of Chenco Holding Company, LLC, a Las Vegas-based investment holding company established in 1991, focusing on U.S. real estate private equity fund management in income-producing real estate and real estate operating company investments. That particular group of companies has made cumulative investments in excess of $10 billion in total transactions. Mr. Chen is also a co-founder of The Bascom Group, LLC, a California-based asset manager (which places among the top-50 largest residential apartment owners from 2009 to 2013 and ranks first among U.S. multifamily apartment renovators in 2014) and Premier Business Centers, LLC, the second-largest executive offices operator in the country. Additionally, Mr. Chen co-founded China Prosper Investment Management Co., Ltd., a Mainland China NDRC-licensed private equity management company. China Post Group and CITIC are also co-founders of CPIMC.

Mr. Chen serves as the President of the International Leadership Foundation and he has been a board member of the National Asian Pacific Center on Aging. Both foundations are well recognized in the United States. In 2004, Mr. Chen was named Apartment Executive of the Year by the Real Estate Conference Group, the largest and most prestigious multifamily conference on the U.S. West Coast. In 2005, Mr. Chen was also a recipient of the National Director's Award for Access to Capital, given by the U.S. Department of Commerce's Minority Business Development Agency. In 2007, Mr. Chen received the President's Call to Service Award from the President's Council on Service and Civic Participation.

Mr. Chen studied Chemical Engineering at National Taiwan University; and holds both a Master of Business Administration Degree in Real Estate and a Master of Science Degree in Finance from the University of Wisconsin-Madison.


Christopher Bley

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Executive Vice President

Chris Bley has broad experience and expertise in real estate and real estate finance, including project origination and underwriting, project and asset management, land development, financial analysis, workouts and institutional relations.

In 2010 Mr. Bley joined Lehman Brothers Holdings, Inc. as a Senior Vice President, where his responsibilities included re-underwriting and developing business plans and exit strategies for a portfolio that consisted of developable land throughout the United States. This process involved understanding where the project stood in the entitlement/development process and very often restructuring the capital stack of each project by working out transactions with borrowers, lenders and joint venture partners.

Mr. Bley's professional experience includes principal roles in several real estate development firms as well as acting as the Director of Acquisitions for a Wall Street capitalized company that invested in all aspects of residential real estate throughout the Western United States.

Mr. Bley graduated from San Francisco State University and received a Master of Business Administration Degree from the Peter F. Drucker Graduate School of Management at the Claremont Graduate University.


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Fred Liao

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Chief Investment Officer

Fred Liao is a Managing Director of Chenco Holding Company, a leading cross-Pacific real estate investment firm.  The Chenco Group has ownership interests in 12 real estate operating companies which currently manage over 120 projects and $10 billion of assets in various sectors of real estate in the United States. Mr. Liao is also responsible for Chenco Group's land and housing investments and is a member of its executive management board. 

Mr. Liao has extensive experience in all aspects of real estate investment and management as an executive over the past 20 years.  He is a member of the State Bar of California and holds a Bachelor of Arts Degree in Economics from University of California, Los Angeles and a JD from the UC Hastings College of the Law.