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David Taran

Real Estate Professional & Perpetual Optimist

About David

David Taran is a firm believer in pursuing a diverse and balanced life. David is a licensed real estate broker in the state of California and a practicing lawyer for California, New York, Florida, and Quebec. As the co-founder of Sunstar Capital, David brings more than 26 years of experience that includes many different aspects of the investment process including negotiation, acquisition, finances, development, redevelopment, construction, and investment and property management.

Sunstar Capital is a recently launched commercial real estate company focused on high-growth markets in the Western United States. The venture utilizes the merging of several seasoned professionals, including co-founder, Mark Skeen.

Background

Prior to his work at Sunstar, David was the founder of Divco West Properties, and also worked as a managing partner at his family’s manufacturing and retailing business. This venture, which operated on a global scale, gave him a perfect place to hone his diverse skill set that he continues to use today. As a partner, he worked on capital investments, strategic and financial planning, sales, real estate acquisitions, real estate negotiation, and currency trading and management.

David Taran also worked as a practicing attorney at Graham & James in Los Angeles. There, he specialized in Tax, Corporate, and Real Estate law. David holds a DEC degree from McGill University, an L.L.L degree from the University of Ottawa, a J.D. degree from Columbia University, and a Masters in Tax Law from New York University.

Throughout the span of his career, David has acquired $2.3 billion in real estate, which includes over 700 acres of land, 1,800 multi-family residential units, 449 hotel rooms, and 13.8 million square feet of buildings. David’s successful record is a testament to his diverse and balanced portfolio. David credits his rich portfolio to his earlier roles in as a managing partner and practicing attorney.

Meaningful, Mindful and Balanced

On a personal level, David is an advocate for creating a balanced, meaningful life. Despite his success, David upholds that a life filled with meaning and intent is far more enjoyable than a profitable one. To this end, he continues to support Project Happiness, a thriving non-profit started by his wife, Randy. Project Happiness is dedicated to providing the tools and resources needed for individuals to live an empowered, happier life.

David is proud to support the organization and serves on the board of directors. As a board member, David brings his unique experience and skill set to the table in an advisory capacity. His personal interest in the organization’s mission combined with his professional knowledge makes him an invaluable member of the board and his local community.

David’s continued passion for promoting greater happiness and meaning in everyday life continues to launch his career and leadership skills in exciting directions.

Connect with David

Recent Blog Posts from David:

Palo Alto, CA Travel Guide

Palo Alto, CA Travel Guide

For those visiting Northern California and looking for a nice laid-back city to explore, Palo Alto is the perfect option. Smack in the heart of Silicon Valley, famous for being the birthplace of Google and Facebook, and the location of Stanford University, Palo Alto...
Four Ted Talks That Will Change Your Thinking

Four Ted Talks That Will Change Your Thinking

You likely already know just how amazing Ted Talks can be. They can give wonderful insight, open up new ideas, or even change your entire way of thinking. They’ve been a longstanding go-to for the philosophical, the curious, and the creative. But there are a lot of talks out there. That’s why we’ve scoured the history of Ted Talks for these four Ted Talks that will absolutely change your thinking!

“What Really Matters At The End of Life

In this talk by BJ Miller, you’ll be inspired to fear the end of your life a little less and appreciate life a little more. It can definitely turn your thoughts and worries around, and offers a unique perspective that can help you look forward to the end – in the best of ways! It definitely brings to mind the thought of “quality over quantity” in that you can live a short but meaningful life, as well as find and create meaning in your day-to-day life to ensure you have as few regrets at “the end” as possible.

“What Makes A Good Life?”

This talk by Robert Waldinger covers a study on happiness and the lessons learned from it. It can really help you to reevaluate your priorities, how you handle every sort of situation, and even the people you associate with! This can be especially great for young adults who are still struggling to find their path in life.

“If I Should Have A Daughter”

Sarah Kay’s poem-style talk covers a variety of issues revolving around parenting. It’s a beautiful talk that’s presented in a very unique and pleasing way. And it will absolutely leave you deep in thought about parenting. Even parents with older kids or multiple kids can find a wealth of knowledge in her melodic talk.

“How The Worst Moments In Our Lives Make Us Who We Are”

Lastly, this insightful talk will help you better understand exactly why the bad is necessary for the good. In the talk, Andrew says that without the dragons, there would be no heroes. His powerful talk can help you change your outlook on even the worst situations.

What Ted Talks have you been inspired by? Which really changed you and the way you think?

Responsibilities of a Property Manager

Responsibilities of a Property Manager

Most people are unaware of what a property manager does, but this is a highly helpful resource to your property. Property managers help to deal with all of the daily tasks and responsibilities associated with renting out property, so the landlord does not have to worry about them. A property manager will regularly do the following tasks.

Recommend rental rates and policies

Property managers may do research to find the most reasonable price for a rental property in that area to help drive tenants to apply. They may also help the owner to decide about rental policies like pets, smoking, property modifications, and parking. It’s important for them to make recommendations that coincide with their capabilities.

Find good tenants for a property

A property manager will typically be there every step of the way. They may clean and decorate the property, maintain landscaping services, advertise availability, show it to potential renters, collect applications, verify application data, and walk the new tenant through the leasing process.

Maintain the property

A property manager may have landscapers, contractors, or janitors under them, but they will be responsible for overseeing the day-to-day maintenance of the property. This will include making repairs, keeping the building and landscape in good condition, hiring maintenance employees, and managing extermination and trash removal.

Manage finances and budgets

Managers collect rent from tenants and enforce fees for things like late fees or property damage. To ensure that the building provides a profit for the landlord, the manager will create a budget and decide how to spend money on repairs, marketing, and other budgetary concerns. Managers keep detailed records of all income and expenses, and some of them may help with filing taxes.

Monitor tenants regularly

A manager will be on site regularly to ensure that tenants are following the terms of their lease. They may conduct inspections to find lease violations, view security footage of common areas, or take complaints from other tenants on the property.

Assist with tenant move-outs

In cases where a tenant breaks the lease or does not pay rent, the manager will be the one to go through the eviction process with the court. They will also notify tenants when their lease is up and determine if the tenant receives their security deposit. Once the tenant moved out, the property manager will start the process of finding new tenants all over again.