Monarch Group is a private real estate investment and development firm located in La Jolla, California. Monarch was established in 1997 as a partnership of Rodney F. Stone, William “Patrick” Kruer, George “Tim” Kruer, and Ryan E. Stone, who combined have decades of hands-on real estate investment, entitlement, development, and property management experience.

Over their combined 130-plus years in the industry, Monarch’s founding partners have entitled over 2,500 acres of urban and suburban infill land for residential, commercial, industrial, and mixed uses and have developed over 8,100 residential units (including apartments, condominiums, senior housing, and single-family homes) and over 138,000 sq. ft. of office space in Western U.S. markets with high barriers to entry. They have been actively involved in all phases of the real estate planning, development, construction and property management processes, including overseeing several master-planned communities, multifamily and single-family housing, mixed-use properties, as well as business and industrial projects from the very beginning through the planning, development, construction, lease-up, and stabilization stages to the final sale. In addition, Monarch is highly regarded as a land entitlement specialist having successfully undertaken complex problem sites, rezoning, environmental concerns, and processing demands.

From 1997 through 2007, Monarch has achieved significant returns on realized investments, which is a testament to the founding partners’ dedication, unparalleled hands-on real estate development and operating expertise, strong community relationships, and opportunistic investment approach honed over 40 years. As a result, Monarch has earned an excellent reputation with its equity partners, debt partners, and joint venture partners.