Robert Kohorst, president and founder of Pasadena-based real estate firm Everest Properties, was appointed by President Donald Trump to serve as Ambassador to Croatia.
Kohorst is a Republican donor and contributed nearly $300,000 to the Trump Victory political action committee in 2016, according to Federal Election Commission filings.
Everest, a privately-held real estate investment firm specializing in acquisition and asset management of apartments, retail and storage properties throughout the country, has invested funds in excess of $200 million in more than 650 limited partnerships since its founding by Kohorst in 1994, according to the company’s website.
Everest holds majority equity in each property within its investment portfolio, which is estimated to exceed $500 million in value, according to the company.
Real estate reporter Neil Nisperos can be reached at email@example.com. Follow him on Twitter @ReporterNeil for the latest in L.A. real estate news.