REDDOOR Ventures
The Story Thesis Approach AI-First How We Invest Markets Work Team Work With Us
RedDoor Ventures  |  The AI-First Development Company

Southern California infill development, built through the hardest part.

RedDoor Ventures is a Los Angeles ground-up developer. Through past projects our team has taken sites from raw opportunity to an approved, buildable entitlement, the highest-risk step in building anything in a small, design-sensitive California city, and carried them through construction and lease-up. Partner with us on a site, or engage us to run yours.

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$382M+
Development led in principal roles
$2.7B
Bridge loans originated
570+
Units and keys in principal roles
Across both principals' careers, in all roles and including entitlements in process: $3.9B+ and 5,000+ units.
Our thesis

Whoever controls the entitlement controls the outcome.

Entitlement is where most of the value is created and most of the risk sits. In LA's historic, design-sensitive, politically contested infill corridors, that is the step RedDoor Ventures owns end to end. The approval document itself is the product: it fixes what can be built, under which conditions, on a site that was worth far less without it.

AI-native: our operating stack lets a lean team underwrite, track supply and run entitlements at institutional depth.

We build durable Los Angeles neighborhoods, not just buildings.
What we do

We run the entitlement. Then we build.

We interface directly with the city, coordinate the consultant team, and drive the application to approval. State housing law now puts shot clocks on city review timelines; we build our schedule around them. And we stay: project and construction management through delivery and lease-up.

Entitlement, end to end

We own the city relationship from pre-application through approval. The application is ours: the feasibility case, the hearings, the conditions, the result.

The hard jurisdictions

Historic corridors, design review boards, contested sites. Our principals' record includes the first Builder's Remedy project approved in California.

Maximizing buildable value

Density bonus, CEQA strategy, and the state housing toolkit, stacked to the site's highest approvable program.

Project management

One accountable owner's representative from feasibility to certificate of occupancy: consultant team, budget, schedule, city, and lender reporting on one desk.

Construction management

GC selection and buyout, contract administration, change-order discipline, close-out through lease-up. Our principals have run this across a $382M ground-up and adaptive-reuse pipeline.

01

Feasibility

Site, zoning, and density-bonus analysis; the buildable-value case.

02

Concept design

Highest-and-best-use program with the consultant team.

03

Entitlement

Density bonus, CEQA, historic and design review, hearings, the decision.

04

Permitting

From approval through ready-to-issue.

05

Construction

GC selection, buyout, contract administration, close-out.

06

Lease-up

Delivery, stabilization, and the handoff to operations.

The AI-first approach

Deterministic code first. AI last, bounded, and source-logged.

RedDoor runs on an operating stack built the HurdleWorks way: the firm keeps its data and its tools, the code does the work, and the AI component comes last, bounded and source-logged. It is how a lean team underwrites, tracks supply and runs entitlements at institutional depth.

RDV MI is the market-intelligence layer. It describes the pattern we buy into, jobs outrunning homes, strong schools, a pro-housing city, steady rent and value growth; tracks supply building by building on the actual parcels; and screens for where that pattern shows up next. Every figure is matched to a real source.

RDV MI  Market intelligenceSample view
Jobs to homes
3.7 : 1
Primary jobs per home in a target submarket. The imbalance capital wants to underwrite against.
Supply, building by building
Delivered
Under construction
Entitled
Proposed
What actually competes with a like-for-like building, not the headline pipeline.
Entitlement clock
Pre-application, completeness, tribal consultation, staff review, decision. State shot clocks on every step.
Where the pattern shows up next
A statewide screen of the same fundamentals, scored the same way.
Illustrative layout. Live modules publish only under our public-data policy. Systems built with HurdleWorks.
How we invest

Entitlement first, with real optionality.

Every project is underwritten to a decision point: build, recapitalize, or sell the entitled land. The discipline below is how we get there.

Mid-rise by design

Design-forward buildings of five to seven stories: density without high-rise cost.

Homes built to hold

Larger homes than the new-build norm, weighted to one- and two-bedrooms, for durable tenants and slower turnover.

Ground floors that give back

Ground floors as neighborhood amenity, carried at zero value in our underwriting.

Conservative paper

Untrended underwriting at today's rents, with conservative exits.

Where we focus

Three Los Angeles corridors.

We focus where the demand math is sharpest and the approvals are hardest, and we track supply building by building, not by the headline pipeline number.

South Pasadena & Tri-City

Historic, design-sensitive corridors where we have run ground-up entitlement end to end.

Culver City

The Westside's sharpest jobs-to-housing imbalance, and a city rezoning to meet it. Our most active pursuit corridor.

El Segundo & Manhattan Beach

The South Bay's emerging mixed-use growth corridor.

Representative work

A record in the hardest rooms.

Pasadena

Halstead Apartments

A 233-unit transit-adjacent campus near the Metro L Line, taken from entitlement through construction groundbreaking.

Rendering courtesy of the project architect.

La Cañada Flintridge

600 Foothill

80 units, mixed income: the first Builder's Remedy project approved in California, won with unanimous City Council approval.

Culver City

Casa Oliva

A completed ground-up build by the principals' team: a Spanish revival duplex plus two modern rear homes, four residences on a single infill lot.

The principals' completed work under A55 Capital.

Los Angeles

Panorama Mall

A mixed-use masterplan for one of the Valley's largest retail sites, including a reciprocal easement agreement and long-term anchor structure negotiated with Walmart.

Rendering courtesy of the project architect.

Shown by role: the principals' projects at prior firms and under their own sponsorship, not RedDoor Ventures projects.

The team

Two development principals.

Aleksandr Drabovskiy

Aleksandr Drabovskiy

Co-Founder

Development manager for a Pasadena family office, 2023 to 2026: led entitlement, permitting and GC selection across a $382M ground-up and adaptive-reuse pipeline. Previously Starwood Property Trust, originating $2.7B of bridge loans across 24 transactions. Co-founder of A55 Capital. Dual degrees in architecture and real estate finance, USC.

Alexandra Hack

Alexandra Hack

Co-Founder

Over eleven years in ground-up multifamily and mixed-use development in Los Angeles and New York. As Director of Development at Cedar Street Partners, led 600 Foothill, 80 units, to unanimous approval, the first Builder's Remedy project approved in California. Previously AIG Investments, managing a $5.5B commercial real estate portfolio. Deep command of California housing law, CEQA and density bonus; ULI Americas Young Leaders steering committee.

Backed by an extensive bench across development, entitlement, and capital markets.

Work with us

Two ways to build with RedDoor.

We are actively pursuing sites across our target corridors, partnering with the right landowners, co-GPs, and LP investors on what comes next.

Partner with us

Bring a site, capital, or join the GP. We source the play, underwrite it, and run entitlement, development and construction; partners share in the outcome.

Engage us

We run feasibility, concept design, entitlement, permitting and construction management as your development manager, on a straight fee.

Flexible on structure: straight fee or aligned participation, whichever makes the deal work. Or write to info@rdvre.com.