Ahead of the marcus evans Private Wealth Management Summit 2020, John Molina discusses sectors that can provide investors socially valuable assets without compromising their ROI

1. Investing in Real Estate that Provides
Social Value and a Good ROI
Interview with: John Molina, Found-
ing Partner, Pacific6 Enterprises
“Our economy needs to take a new
direction towards responsible capitalism.
Companies that are polluting our
environment will not necessarily be
profitable for long-term investors.
Thousands of money managers focus
solely on financial returns, but it is
possible to balance profits with more
socially valuable investments in certain
sectors,” suggests John Molina, Found-
ing Partner, Pacific6 Enterprises.
Pacific6 Enterprises is an investment
and development partnership attending
the marcus evans Private Wealth
Management Summit 2020.
Why must investors consider more
socially valuable assets? Do they
have to compromise on their ROI?
The way most companies operate today
is not sustainable. They try to keep their
costs as low as possible, by externaliz-
ing some of their costs. That has led to
pollution, global warming, an increasing
wealth gap, and many other of society’s
problems. That is how the world works
right now – companies reaping huge
profits but society paying the price for
it. Profit maximization should not be the
sole goal of a company.
If an investor wants a standard money
manager to manage their portfolio of
public companies, there are thousands
of them out there, but our approach is
different. We want to make sure there is
a social benefit to the investments we
make, because the current economy has
brought us to a place that is unsustain-
able, and we believe that responsible
capitalism will drive long-term financial
success.
We are building companies and projects
with long-term sustainability in mind.
Family offices are built with future
generations in mind. It’s not a quarter-
to-quarter business; not even an annual
measurement. We are investing genera-
tional wealth.
We have found that by picking the right
projects with the right partners, we do
not have to sacrifice ROI. Our mantra is
to “do well by doing good”.
What sectors do you focus on?
We have projects in multiple industries,
including real estate, aquaculture and
medical technologies, which offer the
potential to positively impact the people
and communities in which they are
located, economically and/or socially.
We invest where we think we can add
value. In real estate, we have seven
projects focused on different segments,
from a historic hotel renovation to
quality affordable housing.
Real estate is a pure supply and
demand problem, especially in Southern
California. The middle-income earners
have been priced out of the market, so
people cannot work and live in the same
city. The only way to overcome that is
by building more. Long Beach has a
need for 10,000 new homes in the next
ten years and we are nowhere close to
closing that gap.
We also have an intergenerational
housing project that will bring together
active seniors, people 55-65 years old,
and fourth and fifth year college
students in the same apartment
complex. This type of housing is popular
in Europe and studies have found
multiple benefits. The seniors tend to be
more active, engaged and take classes
on campus. The students can interact
and learn from people who have a world
of experience. They might provide job
connections and be a family away from
home. The college or university also
benefits because now they have an
active population of people with money
who can donate to the college. It is a
win-win-win situation, and we wanted to
be the first to try this in the US. This is
the kind of project that interests us. It
will provide huge social benefits and a
good financial return.
Another company we have identified is
working on a medical test that can
detect infections, including COVID-19,
within minutes when the standard tests
currently available can take anywhere
from 24 hours to a week to provide
results. The sooner we know someone is
sick, the sooner they will start treat-
ment. It is a new technology, so it
might take some time to get FDA
approval, but it is socially valuable and
will provide a fantastic return.
What is your outlook on the real
estate market for the next few
years? Is COVID-19 bringing about
any new needs?
In this economy, housing prices have
been stable, and I believe they will
continue to be a very needed asset class
because there just isn’t enough housing.
The need for real estate for social
services, such as financial services and
testing sites, will also increase.
The need for college dorms will double.
Most dorms have three to four students
in every room, but they will not be able
to have that anymore because of the
pandemic and the need to socially
distance. Putting a maximum of two
students per unit will double the need
for units. Consider which communities
were hit the hardest by COVID-19:
nursing homes – where vulnerable
people, often low-income, lived in
cramped conditions with many individu-
als in the same space. So it is clear that
we need to produce more affordable
housing. When I was growing up,
policemen, firemen and teachers lived in
Long Beach, and we saw them outside
of their job at the grocery store. They
were our neighbours. We do not have
that anymore and we need to get back
to that.
We want to make
sure there is a
social benefit to
the investments
we make

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delivers peer-to-peer information
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limited.
About the Private Wealth Management Summit 2020
The 30th Private Wealth Management Summit is the premium forum bringing
leaders from America’s leading single and multi-family offices and service providers
together. The Summit offers service providers and executives from single and multi-
family offices an intimate environment for a focused discussion of key new drivers
shaping the future of the industry. The Summit includes presentations on reducing
portfolio vulnerability, discussing the economy, markets and highlighting investment
opportunities after COVID-19, tax efficiency, and alternative investments.
www.s2.privatewealthsummit.com
About Pacific6 Enterprises
Pacific6 Enterprises is a Long Beach-based partnership committed to identifying and investing in inspiring and important ventures
that offer unique potential to bring social value and positively impact the people and communities in which they are located.
The partnership’s six founders leverage their diverse entrepreneurial backgrounds to look across a broad spectrum of business
opportunities to determine the best fit for the company’s mission and motivation – utilizing the best ideas, resources, people, and
practices to create the right environment for sustained success.
For more information about Pacific6 Enterprises visit: www.pacificsix.com
About marcus evans Summits
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