Lido Equities Group principals are J. Edward Smith, CEO and Darrin Klotz, President. Lido Equities Group is the General and Managing partner of 80 real estate partnerships valued at over $900,000,000 of which we obtained new financing through several different lending institutions in the amount of approximately $300,000,000. We form a separate limited partnership for each property we develop or purchase of which Lido Equities Group is the General and Managing partner (for example: Oakwood Associates, LP, a California limited partnership).
Darrin Klotz and J. Edward Smith formed Lido Equities Group in 1990 for the purpose of acquiring and developing investment real estate and since that time have established an exceptional track record and reputation in the real estate community. Darrin Klotz is a UCLA graduate, a licensed California Real Estate Broker and has been involved in multi-family investments for over thirty years. J. Edward Smith attended the University of Denver where he studied real estate finance/development and has been involved in real estate investments, development and management of income property for over thirty years.
Our portfolio of properties involved over 300 million dollars of financing from the following financial institutions. Our business relationship with these companies is excellent and references will be gladly provided upon request.