Towbes Capital Partners

Throughout its 45-year history, The Towbes Group, Inc. and its predecessors and affiliates (The Towbes Group or "TGI"), has experienced notable success acquiring, developing and managing real estate assets for its own account.  At present, TGI owns and manages approximately 1.3 million square feet of commercial real estate and over 1,700 multifamily residential housing units. 

The Towbes Group is owned in full by Michael Towbes and includes an 89-person investment, development, finance and property management team.  In addition to his ownership of TGI, Michael Towbes is the chairman of the board and sole shareholder of Montecito Bancorp, a bank holding company which owns Montecito Bank & Trust, a community bank with approximately $600 million in assets.  

Towbes Capital Partners, LLC, a California limited liability company (Towbes Capital Partners or TCP), was formed to expand the Towbes Group's real estate portfolio by combining the capital of its principals with capital from third party investors.  In doing so, TCP formed Towbes Capital Partners Fund I, LLC, a discretionary real estate investment fund. 

Towbes Capital Partners' principals are Michael Towbes, Robert Skinner, and Craig Zimmerman.  Prior to joining TGI and TCP, Mr. Zimmerman was Senior Vice President of McGuire Partners, a Los Angeles based real estate developer, where he led teams that acquired and financed more than $1.2 billion of real estate.  Prior to joining TCP, Mr. Skinner was an attorney with White & Case specializing in real estate transaction and bankruptcy work.  Mr. Skinner also serves as General Counsel and as a member of the Board of Directors of Montecito Bank & Trust, an affiliate of TGI and TCP.

Towbes Capital Partners also has a Board of Advisors that consists of Dr. Edward Birch, Dr. Robert Emmons, and Phillip Nicholson.  Throughout his career, Dr. Birch has held senior administrative positions at distinguished colleges and universities and has served as chairman and/or director of a number of public company, charity, civic, and cultural boards.  Phillip R. Nicholson is a founding partner of the law firm of Cox, Castle & Nicholson LLP.  Cox, Castle & Nicholson has offices in Los Angeles, Irvine and San Francisco, California and is nationally recognized for its work in complex real estate transactions.  Dr. Robert Emmons is Managing Partner of Emmons Capital, an investment partnership, and serves on the boards of Bourgeon Capital Management and Hunter Marine.  Previously, Dr. Emmons was Chairman and Chief Executive Officer of Smart & Final Inc., a New York Stock Exchange company, and has held President and Chief Executive Officer positions for a number of other major corporations.  

For more information please contact Robert Skinner rskinner@towbes.com. Phone: 805 879-1741