Aerial view of a manufactured housing community
The firm

Experience, aligned with discipline.

Performance Communities is an operator-led platform built around a single conviction: that purpose-built workforce housing is the most compelling intersection of social need and investment return in real estate today.

Founding conviction

A career built on fiduciary discipline.

Over a career spanning more than three decades — as a court-appointed receiver and trustee, a residential developer, and now in manufactured housing — Gregory R. Malin has built a record anchored in fiduciary discipline and full-cycle execution. He is the Founder and Chief Executive Officer of Performance Realty, Inc.

From 1993 to 2000, Malin served as a court-appointed receiver and trustee for Bay Area Superior Courts, managing the supervised disposition of distressed commercial and residential assets on behalf of courts, creditors, and stakeholders — work that established his approach to real estate: structured accountability, downside protection, and the orderly stewardship of other people’s capital.

He went on to lead a San Francisco residential development firm for 25 years, completing seven LEED Platinum and one LEED Gold infill projects and operating as a Certified B Corporation. Building LEED Platinum projects with a focus on building health and wellness directly informs the platform’s social-impact goals today.

At Performance Realty, founded in 2017, Malin applies that same discipline to manufactured housing — a sector he views as structurally undersupplied relative to workforce-housing demand across the Western United States. Performance Communities Fund 1 was fully realized across three Oregon communities and 29 limited partners, with all investor capital returned and no investor loss. Fund 2 holds two operating communities under active management, with disposition under evaluation. Fund 3 applies the lessons of both.

Gregory R. Malin, Founder and CEO of Performance Realty, Inc.
Gregory R. MalinFounder & Chief Executive Officer, Performance Realty, Inc.
Entity architecture

A platform built to outlast any single fund.

The structure is deliberately plain: a Sponsor entity that carries the platform’s discipline across vintages, and a Manager that runs each fund vehicle.

Performance Communities, LLC
The platform Sponsor — the entity intended to serve across current and future fund vintages.
Performance Realty, Inc.
The Manager of each fund vehicle, responsible for strategy, acquisitions, and operations.
Performance Communities Fund 3, LLC
The current fund vehicle, offered to verified accredited investors under Rule 506(c).
Institutional infrastructure

The discipline investors expect.

The platform’s funds are built on third-party infrastructure rather than self-administration: an independent CPA audit, third-party fund administration, accredited-investor verification through Verivest, investor reporting through Agora, and an independent LP Advisory Committee on which the Manager does not sit.

Credentials
Real estate
California Real Estate Broker, DRE #00996549 (active since 1994; salesperson since 1988).
Manufactured housing
California Manufactured Home Dealer License No. DL1633070.
Mortgage
Mortgage Loan Originator, NMLS #2777340 (currently inactive pending company sponsorship).
Development
Seven LEED Platinum and one LEED Gold residential project completions; Certified B Corporation and “Best for the Environment” Honoree (2018); Founding Member, U.S. Green Building Council Building Health Initiative.
Education
B.A., Business Economics with Honors, UCLA.
Civic (past)
Boards of the San Francisco Zoological Society and the San Francisco Education Fund.
Operator-led, alignment-first

Built by people who carry the risk with you.