DMB Associates spins off Pacific Division into new company

DMB Associates Inc. .DMB Associates Inc. Latest from The Business Journals Proving Grounds player building water park with Dolly PartonHome building to start on former GM Proving GroundsDon Cardon steps down as CEO of Arizona Commerce Authority Follow this company .is spinning off its Pacific division into a new company named DMB Pacific Ventures. The new firm will be based in San Francisco rather than DMB’s home office in Scottsdale. Eneas Kane, DMB Associates president and CEO, is now the president and CEO of DMB Pacific Ventures. Mark Kehke, the Pacific Division’s COO, will continue in that role with the new company. DMB Pacific Partners will oversee projects and communities in California and Hawaii. “With a proven track record of success and well-capitalized for the future, DMB Pacific Ventures will move quickly into an active expansion mode,” Kane said. DMB Associates will continue to develop its so-called legacy communities in Arizona, including DC Ranch in Scottsdale, Verrado in Buckeye and Marley Park in Surprise.

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