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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.


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:

Hot Real Estate Rental Markets to Invest In

Hot Real Estate Rental Markets to Invest In

Over the past several years, real estate rental properties have been the prime target for many real estate investors. Years of historically low interest rates and low-cost financing have produced strong investment returns. Although demand for rentals remains high in many areas, some investors could face problems if they buy in markets with low demand. To help avoid some of the rental markets with the lowest demand, here is a look at some of the hottest rental markets in the country.

Millennial Demand Drives Rental Markets

Millennials, whose ages range from 20 to 34, typically drive rental markets. Many in this generation typically make good money but are not ready financially to buy their own homes. Some Millennials prefer to rent in the current market as home prices and interest rates continue to rise. The thinking among many in this generation is the cost to rent is much lower than the overall cost of buying a house. Therefore, many investors looking for rental properties tend to target markets with a heavy population of Millennials.

Hottest Rental Markets

Orlando, Florida, the home of Disneyworld, tops the list as the hottest rental market in the country, according to research released by Roofstock, an online marketplace that lists single-family homes for rent. Second on the list is Raleigh, North Carolina, which is home to three of the top universities in the country within a few miles of each other. Real estate investors often consider universities with a heavy population of Millennials as a hotspot for buying rental properties. Third on the list is Austin, Texas, which is a popular location for many big tech companies to set up shop.

Local Economies and the Rental Market

The strength of local economies typically drives demand for rentals. Although the U.S. economy overall is strong, many of the new jobs driving employment are not well-paying. With rising home prices and interest rates, many residents of local communities cannot afford to buy a home. Therefore, they are forced to rent and real estate rental investors recognize this trend.

The real estate rental market in the U.S. is red hot. Home prices are on the move, especially for single-family homes. This rising trend forces many Americans to rent, and that signals profits for investors who recognize the income potential from rental properties.

Joint Venture Real Estate Mistakes To Avoid

Joint Venture Real Estate Mistakes To Avoid

Real estate joint ventures are types of real estate businesses formed with the aim of either buying or selling properties. They are created by two or more parties that have separate identities only that they have to work together to move the company forward. A real estate joint venture is a risky alternative that calls for attention. Here are some common mistakes to avoid in the real estate joint venture.

Avoid the Wrong Partner

Before choosing to engage in the real estate joint venture, it is essential to consider the partner with which one wants to work. A good partner is the one that has common goals, aspirations, and desires. This means that the partner understands the investment in totality and that the person is not likely to make amateur mistakes that are sometimes very costly. The collapse of a significant number of joint ventures can be attributed to wrong partnerships.

Have a Written Agreement

All joint ventures should have a written agreement that governs and details all specific information about the joint venture. Moreover, all the partners in the joint venture must sign the contract to prove that they have acknowledged about it. Entering into a joint venture without a written agreement can end into severe disasters.

Eliminate Conflicts of Interest

Although the interests of a partner are evaluated before agreeing, some partners are likely to become stubborn on the way and cause the organization to have real issues. The most critical aspect that investors should eliminate is the conflict of interest. For example, each partner should agree on when to buy or sell a particular property as such a decision affects the flow of revenue.

Understand Duties and Responsibilities

Avoid starting a joint venture without clarifying the duties and responsibilities of each partner involved in the joint venture. The whole operational framework should be highlighted, and every person needs to understand it. It should be particular enough to highlight who provides finances, equipment, and personnel among others.

Choose Experience

A significant number of individuals have gone ahead to choose their friends and family members as partners in real estate joint ventures. Such moves have failed because the partners in the joint venture don’t have the particular knowledge to run the real estate joint ventures. Individuals should select partners with expertise and experience so that they can avoid simple mistakes.