Neva Capital Management is a San Rafael, California-based multigenerational family office investing directly and through outside managers. Its real estate activity is focused in Nevada and includes development of high-end residential spec homes and multifamily construction, as well as trust deed mortgages and hard-money lending. Beyond direct investment, Neva acts as an allocator, partnering with specialized third-party fund managers whose strategies are less correlated to the broader stock market. The firm also looks for opportunistic dislocation strategies during periods of market distress. For real estate sponsors, Neva stands out for combining property development and real-estate-backed lending with an allocator platform that can engage through established external managers.