awarded the Ellis Island Medal of Honor for outstanding citizenship, The document is copyrighted 2018 National Vista, Inc. Some of the wording in it exactly mirrors that used in a, , an Idaho-based company that sells its own cleaning products along with an arsenal of health-related products. . Jahm Najafi and his wife Cheryl have given $186,890 to Democratic groups and candidates since 1992, including $5,400 to Sinema in 2018. One of the reasons Arizona State University is so pleased to have Thunderbird as part of our enterprise is because it is a school that has been focused on sustained prosperity worldwide for decades. He and his wife Dionne have given a total of $590,933 to Republican candidates and causes and $136,600 to Democratic ones. A similar address isnt the only piece of circumstantial evidence that appears to link Najafi to the apparent shell company. committed graduates, not only in his professional career, but also for 22 Colorado at DFA, The Melikian Center: Russian, Eurasian and East European Studies, CHIPS Act at forefront of ASU's Mexico priorities, Watts College of Public Service and Community Solutions, School of Community Resources and Development. startxref "It was a most unusual agreement," said Richard Aaron, a retired University of Utah bankruptcy-law professor and Promontory's auctioneer. This material may not be published, broadcast, rewritten, or redistributed. We want to make sure you get the most out of our platform. 0000061585 00000 n Richer's PAC had $69,761 in total expenditures, with $45,000 going to Defending Arizona Values, a campaign launched by Arizona Democrat Rep. Ann Kirkpatrick. Popular Searches Pivotal Group Inc The Pivotal Group LLC Flooding changed the course of the river in 1897 leaving a two-mile square piece of Iowa forever marooned in Nebraska. Pivotal Group is a leading investment and development company with primary concentration on all real estate asset classes. We understand that it takes vision, persistence, and humility to succeed. The project was shopped to 80 potential investors, none of whom ventured a bid. Like Education Secretary Betsy DeVos, of the Amway multi-level marketing fortune, VanderSloot is a supporter of charter schools and spent $2 million to found the American Heritage Charter School in his home, Idaho Falls. Jamshid Jahm Najafi (born March 1963)[1] is an Iranian-American billionaire[2] businessman. Chief Executive Officer @ Pivotal Group Preparing Francis profile View Francis's Email & Phone (It's Free) 5 free lookups per month. Pivotal Group is a Phoenix, Arizona basedprivate equity financing firm. Learn about Article Alert. In 2014, DPUS gave another $55,000 to the super PAC, which swiftly. This unrestricted gift will support the production and operating costs that Ballet Arizona incurs to produce its six mainstage performances over the . We work across a diverse range of industries, including telecommunications, technology, media, aerospace, consumer, and business services. a symbol of freedom and tolerance around the world, said Senator John They are headquartered in Phoenix, Arizona. Dan Mahoney, co-chair of Snell & Wilmer's Venture Capital and Private Equity Industry Group. [13][14], Some of the organizations that have benefitted from Najafi's Pivotal Foundation which was established in 2005 includeBallet Arizona (to assist in performance production),[15][16] PARSA Community Foundation. F. Francis Najafi, CEO and founder of Phoenix-based Pivotal Group, is being awarded the Ellis Island Medal of Honor from the National Ethnic Coalition of Organizations. 22/23 Colorado (13-2, 2-2 Pac-12) at Desert Financial Arena. F. Francis Najafi CEO Pivotal Group. A 501(c)(3) tax-exempt, charitable organization, 1100 13th Street, NW, Suite 800 Promontory, valued at $560 million before the recession took hold a year ago, was sold for just $30 million to a developer who walked away from $350 million in loans packaged by Credit Suisse and sold to hedge funds and other investors. Todays announcement is a game-changer in many respects, said Soraya Hakuziyaremye, a Thunderbird alumna, former Rwandan minister of trade and current deputy Central Bank governor of Rwanda. 0000001318 00000 n Pivotal's Private Equity practice, which is traditionally oriented around full buyouts. So-called dark money contributions come from a diverse cross-section of the American landscape. In 1982 he founded Pivotal Group, a real estate opportunity fund with uncanny market timing and wisdom. Later he broadened Pivotal Group's mandate, successfully investing in private equity and growth venture opportunities. The initiative, made attainable by a $25 million donation from the Najafis, will educate and empower 100 million learners by 2030, with 70% of them girls. 0000007266 00000 n And in a $244,200 contribution to Paul Ryans joint fundraising committee, BK2 Holdings is listed as a partnership that Kovner owns, though such a partnership attribution is not attached to the BK2 contribution to SLF. 0000001241 00000 n The owner is Wayne Hoovestol, a midwest businessman who owns several farming and trucking-related businesses, including Hoovestol, Inc, many of which use the same Iowa address. After graduating from Harvard with a master's degree in business economics in 1986, Najafi worked for Wall Street firm Solomon Brothers that eventually became a part of Citigroup. "F. Francis Najafi Founder and CEO Pivotal Group", "Suns Sale Closes Today:Sarver Becomes Main Owner", "With $25M gift, ASU's Thunderbird School of Global Management aims to educate 100 million worldwide by 2030", "Investor report 20042005 - Arizona Memory Project", "Board of Directors Nonprofit Leadership - The O'Connor Institute", "Landmark Hotel in Los Angeles Sold to Private Real-Estate Group", "Francis Najafi, Author at Quincy Institute for Responsible Statecraft", "GPEC welcomes new board of directors members 2018-19", "Phoenix Art Museum begins year-long celebration of its 60th anniversary with "The pARTy in the Garden" gala and late-night Museum-gala experience "The afterpARTy," celebrating Museum's rich history of providing access to the arts", "Current Supporters | EastWest Institute", "CyBERsECURITy: FORGING SOLUTIONS - EastWest Institute", "F. Francis and Dionne Najafi of Pivotal Foundation Award Ballet Arizona $500,000 in Multi-Year Gift - Health & Living Magazine", "PIVOTAL FOUNDATION - ArizonaCorporates Company Profiles of Arizona", "Philanthropist Francis Najafi Gives $1M to PARSA Community Foundation", "Mark Zuckerberg and Priscilla Chan Are Giving $50 Million to U. of Hawaii", "Najafi receives Ellis Island Medal of Honor", "Five Iranian Americans to Receive Ellis Island Medal of Honor Award", "The Valley's Most Powerful Men2012 - Page 11", "Francis and Dionne Najafi Donate $25 Million to ASU's Thunderbird School of Global Management", article "Francis Najafi" is from Wikipedia, https://en.everybodywiki.com/index.php?title=Francis_Najafi&oldid=3075039, Thunderbird School of Global Management alumni, University of South Carolina Beaufort alumni, Thunderbird School of International Management. The takeover required a buyer to raise millions more to keep operations at Promontory going. [16], He has also served on the board of directors for the Phoenix Symphony and Phoenix Metropolitan Area Convention and Visitors Bureau, and as chair of the board of trustees of Phoenix Country Day School. Pivotal Group CEO F. Francis Najafi said SnapNurse has been growing thanks to its technology and its "understanding of how to make the process easier for both healthcare professionals and facilities" instead of getting bogged down with lengthy processes and credentialing paperwork. Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. Just a stones throw from Park City, generations of families could pursue active recreation amid a diverse array of superb amenities, while completely immersed in nature. Pivotal focused on the purchase of commercial properties, such as The Century Plaza Hotel in Los Angeles, Alameda, California-based Harbor Bay and 650 California Street in San Francisco. Our target properties include full-service hotels and resorts; office, multifamily, and mixed-use projects; and master-planned residential communities. 0 No federal or state agency has judged the merits or value, if any, of this property. Pivotal Group Team (17) Name Title Related Financings Office Contact Info; Francis Najafi Ph.D: Founder & Chief Executive Officer: 0: Phoenix, AZ Richard Garner: Chief Operating Officer: Phoenix, AZ Scott Knauer: Managing Director: Phoenix, AZ Tyler Rives: Managing . With these competitive advantages, we make swift decisions and close transactions with creative and mutually beneficial structures. freedom of speech, religion and economic opportunity. Mr. Najafi has substantial board-level experience. In 2005, Mr. Najafi established the Pivotal Foundation, as a charitable vehicle to give back to society and provide patronage for international awareness initiatives . Two Thunderbird alumni, Francis and Dionne Najafi, donated $25 million to launch the initiative, the largest gift since Thunderbird joined ASU. . trailer After Sinema won the primary, the super PAC transferred $100,000 to. Francis Najafi is founder and Chief Executive Officer of Pivotal Group, a thirty year old investment firm with experience in private equity and real estate investments. Technically, the town is on the Nebraska side of the Missouri River in Omaha, and its horseshoe-shaped lake was once an oxbow bend of the river itself. Francis Najafi CEO c5753ccd5d71c0 9d6ee09b348272075e14599 17ce51b948cc 7cdd6cbe9cddd078a. The only link to National Vista on the internet is an. In addition to his professional success, this father of . Francis Najafi (Pivotal Group), Dionne Najafi, Leila Ghaffani, Shaygan Kheredpir and and Abdi Soltani (ACLU - American Civil Liberties Union of Northern California) pose for a photograph at the PARS Equality Center 4th Annual Nowruz Gala at Marriott Waterfront Burlingame Hotel on March 8, 2014 in Burlingame, California. property in San Francisco, the Phoenix Ritz-Carlton; and developing Not all apparent shell companies are necessarily dark money. 0000181206 00000 n Script error: No such module "AfC topic". The Pivotal Foundation has in the last three years given $205,000 to the National Iranian-American Council (NIAC), which has been a vocal advocate for the Iranian nuclear deal the Obama . Want first access to OpenSecrets' investigations and data features? Francis Najafi. Francis Najafi is founder of Pivotal. 0000161571 00000 n We focus on companies and projects that lead in their market segments, show growth potential, and exhibit attractive margins. to the FEC about contributions to conservative super PAC DefendArizona from two apparent shell companies Highway 76, LLC and Blue Magnolia Investments, LLC it made an impact. Francis is much more prolific and conservative. Page 6 of 9. As one of the leading Iranian-American entrepreneurs in the Thunderbird has touched more than 2 million learners in its 75-year history, said Thunderbird Director General and Dean Sanjeev Khagram. The club would be thoughtfully visioned to create something truly unique, reaching beyond the traditional country club offerings. Najafi Companies did not respond to a request for comment on any potential connection with DPUS. 0000005917 00000 n in 2017, is clearly linked to billionaire GOP donor Bruce Kovner in several ways. Fund a NeedBecome a SponsorBecome a Volunteer, Phone: (408) 297-6700Fax: (408) 261-6401 Email: info@parsequalitycenter.orgAddress: 1635 The Alameda, San Jose, CA 95126, Phone: (818) 616-3091 Fax: (818) 616-3092 Address: 4954 Van Nuys Blvd. Not all so-called shell corporations are as easy to trace. The only link to National Vista on the internet is an obscure document that highlights a widely cited study linking national brand cleaning products such as Clorox and Lysol to lung damage. Open Secrets following the money in politics, An obscure Carter Lake limited liability company (LLC) named DRT, LLC made a $250,000 contribution to pro-Trump super PAC, in April 2018. 0000003867 00000 n "Having finished his undergraduate study in engineering, Francis obtained two masters degrees from the American Graduate School . And in a $244,200 contribution to Paul Ryans joint fundraising committee. Thirty years ago, Najafi founded Pivotal Group, one of the Valley's top investment companies. Francis Najafi is a '77 alum of Thunderbird, and his wife, Dionne, is an '06 alum. linking national brand cleaning products such as Clorox and Lysol to lung damage. Tyler Rives and Francis Najafi of Pivotal . ancestors. The sale was approved by U.S. Bankruptcy Judge Judith Boulden. , many of which use the same Iowa address. "We have been impressed with the artistic excellence, the strong leadership, and the financial stability of Ballet Arizona over the years," said Francis Najafi, Founder and CEO of Pivotal. PHOENIX--(BUSINESS WIRE)--F. Francis Najafi, CEO and founder of Phoenix-based Pivotal Group, was The fact that Najafi was able to buy his own project back so cheaply is a reflection of the turbulence in credit markets. Francis Najafi. In court on Friday, Credit Suisse didn't support or oppose Najafi's bid, surrendering the battle. The architecturally diverse structures would allow family members to engage in their individual pursuits and gather for joint recreation and celebration. The United States is a country of immigrants, each group of people Prior to 2018, DPUS listed in FEC filings the address of its Wilmington, Delaware incorporation agent, Corporation Trust Center at 1209 North Orange Street. 0000182369 00000 n Suburbs, big cities and even small towns are home to corporations created primarily to conceal the true source of money flowing to super PACs that spend millions of dollars to influence elections. , VanderSloot is a supporter of charter schools and spent $2 million to found the American Heritage Charter School in his home, Idaho Falls. Bush sits a large, reflective office building in an upscale shopping center at 2525 E Camelback Road. Mr. Najafis interest and commitment to community service spans the Pivotal Group is a diversified investment company primarily focused on private equity and real estate. Arizona State Universitys Thunderbird School of Global Managementannounced plans today to educate 100 million learners by 2030, thanks to a historic $25 million donation. Francis Najafi has been working as a Chief Executive Officer at Pivotal Group for 18 years. 1976-Arizona State University-Bachelor of Science Degree in Civil Engineering 1977-Thunderbird School of Global Management-Masters Degree in International Management 1978-University of Southern California-Master of Arts Degree in International Relations DPUS was incorporated in Delaware in July 2012 and immediately got to work funneling money into Arizona politics, giving a total of $175,000 to a brand new super PAC called Restoring Arizonas Integrity in 2012. Park City, Utah. We see every color, Mr. Najafi is one of six Iranian-Americans to receive the Ellis Island [34], Najafi and his wife, Cheryl Najafi, live in Arizona with their three children. Francis is much more prolific and conservative. Subscribe to see more. At OpenSecrets.org we offer in-depth, money-in-politics stories in the public interest. Additionally, we seek underperforming and distressed properties where we can add value through renovation, repositioning, redeployment, expansion, or capital restructuring. To ensure the most secure and best overall experience on our website, we recommend the latest versions of. services. At USC, he began his entrepreneurial activities while a PhD candidate in International Political Economy. 0000176774 00000 n Hoovestol and his wife Monica arent quite megadonors, but they have given $118,320 to Republican candidates and groups and just $1,050 to Democrats since 2002, according to data from the Center for Responsive Politics. OpenSecrets Following the money in politics. [13][6][27], In 2014, Najafi, through Najafi Cos., invested between $75 and $100 million to Paula Deen and Paula Deen Ventures to fuel her rebranding after she was fired from The Food Network in June 2013. Visit www.NECO.org degree in engineering followed by two Masters Degrees from Thunderbird The School of Global Management, and the University of Southern California (USC). As of 2023, Jahm Najafi net worth is roughly around $3.5 billion. Later he broadened Pivotal Groups mandate, successfully investing in private equity and growth venture opportunities. We have the expertise to assess complex investment opportunities. Mr. Their largest recipient is Rep. Steve King (R-Iowa) with $25,700 in contributions. chosen a more deserving recipient of this award that celebrates We focus on companies and projects that lead in their market segments, show growth potential, and exhibit attractive margins. acquired and sold Network Solutions, a leading provider of Web-based Sign up for our newsletter, and we promise to send you only the good stuff. Pivotal group gave $3,800. Some of these LLCs, such as DRT, LLC, are easier to track than others. Instastaff is a startup business that provides staffing to business customers seeking shift employees. For the first time since December 30, the Sun Devil women's basketball team (8-5, 0-0 Pac-12) will return to action on Friday (5 p.m. MST) when it hosts No. ), One month before National Vistas incorporation, Melaleuca made its own $400,000 contribution to SLF, along with a separate $400,000 to, (CLF) on the same date. Medal of Honor this year. 2022 Promontory Development, LLC. Im honored to be among the 41 0 obj <>stream Francis Najafi - $111,000 in Political Contributions for 2020, Campaign Finance, Money, American politics, American political campaign contributions, presidential campaign contributions . | PRIVACY POLICY | REVOKE COOKIE CONSENT. Pivotal Group, based in Phoenix, provided SnapMedTech with a $15 million growth equity investment and a $100 million credit facility at the end of 2020. Island Medal of Honor is sanctioned by the U.S. Congress and entered Script error: No such module "Draft topics". Help provided: Students staff ASU's Counselor Training Center, Leaders on how ASU masters degree in nonprofit management prepared them for successful careers, 14-year-old ASU Online student hoping to engage, empower the next generation, Biden cybersecurity strategy a positive step, ASU expert says, Morrison Institute contributing to the 'future of democracy,' Crow says, Melikian Center receives federal funding to expand global study opportunities, Francis and Dionne Najafi 100 Million Learners Global Initiative, Sun Devil WBB opens Pac-12 play on Friday vs. No. The document is copyrighted 2018 National Vista, Inc. Some of the wording in it exactly mirrors that used in a press release released in February by Melaleuca, an Idaho-based company that sells its own cleaning products along with an arsenal of health-related products. 0000003156 00000 n All rights reserved. Opposing bids came from former Warner Music Group executive Edgar Bronfman Jr., Iowa-based company Meredith Corporation, and private equity firm Pamplona Capital Management. Founded by F. Francis Najafi, Pivotal Group is a private entrepreneurial investment firm without the constraints of a traditional fund-based business model. [5][6], Najafi continued his education at the University of Southern California where he worked as a Teachers Assistant (197779) while completing a Masters Degree in International Relations and his Ph.D. candidacy in the International Political Economy program. - F. Francis Najafi, CEO of Pivotal Group. DPUS didnt limit its political giving to federal elections. Pivotal's real. Pivotal Group, Thunderbird The School of Global Management, Intelligent Assistance and Bots Ecosystem. 20005. At its inception, the firm capitalized on profitable market niches by acquiring, developing and managing investment grade commercial real estate properties in the Southwest. Every donation we receive from users like you goes directly into promoting high-quality data analysis and investigative journalism that you can trust. He was drawn to an entrepreneurial culture, worked with Ed Robson of Robson Communities in the 1980's, and then joined Francis Najafi, Founder of Pivotal Group, as a partner in real estate investment. [18], In 2003, Najafi, through Najafi Cos., purchased Network Solutions from Verisign Inc. for $20 million. Francis Najafi is owner of The Pivotal Group, a long-time Phoenix businessman and philanthropist. Feel free to distribute or cite this material, but please credit OpenSecrets. Founded by F. Francis Najafi, Pivotal Group is a private entrepreneurial investment firm without the constraints of a traditional fund-based business model. "There is a large body of people around the world who have no access to education," said Francis Najafi, who came to the United States from Iran and founded Pivotal Group, a real estate opportunity fund. We seek to identify new strategic investments in established companies to create significant value over time. "Ultimately, I believe in the magic of America," said Najafi, an Iranian-born, self-made real-estate tycoon who believes the market for expensive second homes will come back. DPUS didnt limit its political giving to federal elections. Hoovestol and Lucht did not respond to phone messages inquiring about DRT. the ULI Foundation, which generates funding for research, education and %%EOF By federal law, it is illegal to make political contributions in the name of someone else, and straw donors making contributions through shell companies fall under that prohibition. The company has no website or internet presence and doesnt appear to serve any purpose other than giving to political groups. Subscribe to see more. Name. It makes investments with internal capital rather than raising funds from institutional investors, as is the industry norm. Melaleuca is run by billionaire GOP megadonor Frank VanderSloot, who is reported to be the richest person in Idaho at an estimated net worth of $3.4 billion, according to Forbes. Later he broadened Pivotal Group's mandate successfully investing in private equity and . Jahm Najafi is an Iranian-American businessman who runs a private-equity firm, Najafi Companies. Founded by CEO Francis Najafi, Pivotal Group is a diversified investment company primarily focused on private equity and real estate. Pivotal Private Equity CEO And Executives - Learn more about Pivotal Private Equity CEO Jahm Najafi and key people by exploring the management team. 0000170314 00000 n McCain. Between 2015 and 2016, the group. Pivotal concentrated on buying commercial properties such as 650 California Street in San Francisco, The . Despite being located in a drab single-story office building, Corporation Trust Center is the go-to registered agent for companies that dont want to be found, serving as the registered agent address for roughly 300,000 businesses as of 2018 including Apple, WalMart and Coca-Cola. F. Francis Najafi is the American Dream come to life. July 14, 2020 10:10 AM Eastern Daylight Time. Over the years, its portfolio expanded to include master-planned developments and landmark properties throughout the nation. immigrants significant contribution to this country than Francis Najafi called for Phoenix Suns' majority owner Robert Sarver's resignation on Thursday night, September 15. Their largest recipient is, The offices are home to a number of investment and banking firms and, according to FEC filings, theyre also home to an unknown corporation called DPUS LLC that contributed $100,000 to the liberal. [5], In May 2011, Najafi received the Ellis Island Medal of Honor for outstanding citizenship, individual achievement, and encouragement of cultural unity. subject to the rules of our, THIS STORY HAS BEEN FORMATTED FOR EASY PRINTING, Report: Warrant Issued for Roggies Bar Owner, Boston Pops Concert Move Keeps the Beach Boys, Ditches Joey McIntyre, Lawmakers pass compounding pharmacy oversight bill, Follow this list on Twitter: @BostonPopular. 0000006605 00000 n Status. Thats the same address as private investment firm Najafi Companies, owned and operated by Jahm Najafi, a longtime Phoenix investor and partial owner of the, Najafi and his brother Francis Najafi founder of 30-year-old Phoenix investment firm Pivotal Group are. 0000007915 00000 n 0000005250 00000 n Francis Najafi is an Iranian-American businessman and investor. An obscure Carter Lake limited liability company (LLC) named DRT, LLC made a $250,000 contribution to pro-Trump super PAC America First Action in April 2018. Carey School of Business Deans Council. The company made another contribution $10,000 to the Mitch McConnell-aligned, The LLCs address, 200 Owen Parkway Circle, is the same as Lone Mountain Truck Leasing, and its registered agent in Iowa is Andy Lucht, CFO of the truck company. Members pay hefty fees for golf and other amenities, including opulent lodges and a warehouse-sized horse stable. Najafi is founder and CEO of Pivotal Group, a 30-year-old investment firm with extensive experience in private equity investments, and all major real estate product types. Restoring Arizonas Integrity made all of its independent expenditures $59,796 in the Arizona 9th Congressional District Democratic primary to oppose Andrei Cherny, who would go on to lose to Sinema during her first successful bid for the House. We are grateful for their commitment to a borderless expansion of the opportunities that come with higher education.. We invest in later-stage venture capital and growth equity opportunities in order to help generate notable growth over time. By the second year, the program will be expanded across Africa, the Middle East, Asia and Latin America to at least 25 languages. F. Francis Najafi is founder and CEO of Pivotal Group, a leading investment company focused on private equity and real estate. For the first time since December 30, the Sun Devil women's basketball team (8-5, 0-0 Pac-12) will return to action on Friday (5 p.m. MST) when it hosts No. 0000175548 00000 n Pivotal Group CEO and founder and developer of Promontory, F. Francis Najafi, found inspiration in the massive 7,200 acre landscape to create a timeless mountain club for all ages. Ballet Arizona announced it recently received a multi-year gift in the amount of $500,000 from Mr. F. Francis & Mrs. Dionne Najafi of the Pivotal Group, a private entrepreneurial investment firm. Locally, Mr. Najafi serves, on the Board of Directors of Sandra Day OConnor Institute, is a Cabinet Member of the Presidents Club at Arizona State University, a Board Member Emeritus and Capital Campaign Chair of Arizona Science Center, and serves on ASUs W.P. standards, and a firm belief that business can be a powerful source of economic prosperity and human development around the world.. Phoenix philanthropists Francis and Dionne Najafi are funding an accredited online Global Management and Entrepreneurship Certificate, consisting of five world-class courses in 40 different languages, as part of the Francis and Dionne Najafi 100 Million Learners Global Initiative. Najafi and his brother Francis Najafi founder of 30-year-old Phoenix investment firm Pivotal Group are highly successful Iranian-American investors who happen to be politically active. Mr. Najafi started a family of privately held firms 30 Tri-Point Column in Carter Lake, Iowa. a total of $4,000 to successful Washington Lieutenant Governor candidate Cyrus Habib, the first Iranian-American to win a statewide election. Pivotal funds its investments with internally generated capital, allowing speed, flexibility, and patience to deliver todays most innovative products and services to the market and build industry leading companies and projects. Najafi. 0000061404 00000 n Jackie Pelham Global Business Leader W. L. Gore & Associates Inc. Glenn Rufrano Community Member. Crowell previously served as an advisor to CYR3CON. VanderSloot was national finance co-chair for fellow Mormon Mitt Romneys 2012 presidential race. Your comment is He previously served on the . Francis Najafi See All CEO & Executives The Inside Scoop Since 1982, Pivotal Private Equity, a real estate investment and development company, has been dealing with commercial and residential clients. Najafi said he believes sales will pick up in a year or two, making Promontory viable again. The learners in the initiativewill receive a badge for each course they complete and a 15-unit accredited certificate upon successful completion of all five courses. Suite 295 Pivotal focused on the purchase of commercial properties, such as The Century Plaza Hotel in Los . [1] He is the founder of Pivotal Group - a private equity and real estate investment firm based in Phoenix, Arizona and he is a minor shareholder of the NBA's Phoenix Suns. , and they look to take control positions in companies. [4][21][22], Najafi and his company Najafi Cos. were named highest bidder in negotiations to buy out Borders Group from bankruptcy protection in 2011. Jahm Najafi has a brother called Francis Najafi with whom he runs The Pivotal Group, a firm that focused on the purchase of major commercial properties in California Jahm Najafi Net Worth According to reports, Jahm Najafi has an estimated net worth of $3.5 billion.
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