The Picerne Group Announces New Corporate Office and Addition of Senior Executive Team

The Picerne Group, a premier real estate investment firm, signed a multi-year lease to establish a 16,000-square foot corporate headquarters at 5000 Birch, a Class A office property in Newport Beach, CA.  The Picerne Group is also pleased to announce the promotion of Derek Picerne to Senior Vice President of Development and recent hires.

“We are excited to have these talented executives with The Picerne Group. Everyone brings a superior level of talent and expertise to our company as we continue our investment endeavors” shared Kenneth Picerne, Chairman.

Derek Picerne has been with The Picerne Group for over 8 years. Throughout his tenure, he has led several projects and brought new levels of innovation to key developments, including Aria, Vistara, Eleven 10, One Uptown Newport and Laguna Niguel.

Yunmi Martin comes to Picerne Residential with almost 30 years of real estate leadership experience. Most recently, she led the Multifamily Operations at Shea Properties as Senior Vice President. Prior to Shea, Yunmi held various leadership roles at Irvine Company Apartment Communities, including Portfolio Vice President of Asset Management, where she was responsible for the company’s redevelopment and reinvestment strategies, and Vice President of Operations, managing 15,000 unit stabilized and lease up portfolio in Southern California.

Len Moreau has over 30 years of real estate construction experience and has held various senior leadership roles in his career, including Vice Present of Construction for The Irvine Company. Most recently, Len was Vice President of Design & Construction for JDA West.

About The Picerne Group
Founded in 1988 by Ken Picerne, The Picerne Group focuses on distressed debt investment, apartment acquisition, land acquisition, entitlement and apartment development. For more information, please visit 

Media Contact
For more information, please contact Sean Tiner, Director of Marketing, email: or visit The Picerne Group website at