Our Principals

IMG_6095_1650x110MICHAEL J. SMITH is a fourth generation Marin County resident who has been in the real estate industry since 1960. Mr. Smith has been involved in all aspects of the development of real property, as a planning commissioner, a developer and a vice president of a prominent real estate brokerage company. Mr. Smith served on the San Rafael City Planning Commission from 1980 to 1987, where he served as Chairman for 2 years. Through his experience he gained insight and expertise into the difficult process of obtaining entitlements in a slow growth environment.

BENJAMIN A. SMITH, has broad real estate experience in Northern California both in the Greater Sacramento Area and the San Francisco Bay Area.  At Waterford Associates, Mr. Smith is currently heading all aspects of development and operations at the firm. Prior to joining Waterford Associates, Mr. Smith was responsible for originating, negotiating, underwriting and closing commercial real estate mortgage loans in the western region for National Realty Funding, a commercial mortgage conduit whose equity partners were Prudential Securities and Progressive Insurance. Mr. Smith started his career at Bishop Hawk, a Sacramento based commercial real estate firm. Mr. Smith is a graduate of University of California at Davis, and Santa Clara University with a Masters Degree in Business Administration with an emphasis in Finance.

Objectives & Philosophy

Waterford Associates is a real estate acquisition and development company with an office in Marin County, California. Its principals bring over 75 years of experience in all phases of residential and commercial development in Northern California, from site location and acquisition through the entitlement and permitting process to construction, leasing and marketing of the development. It is the overriding philosophy of Waterford Associates to provide the purchasers and users of its product with the highest quality product available in the marketplace, while at the same time providing to its partners and investors an above market return on their investment.