Davis Vaughn
Managing Partner
Davis is a Managing Partner of Fourth Avenue Capital, leading the firm’s acquisition activities and transaction capitalization. He is responsible for sourcing and evaluating investment opportunities, raising equity and arranging debt financing.
Prior to forming FAC, Davis spent nearly a decade at Security Properties, a Seattle-based apartment operator with 25,000 units. He served on the Investment Committee, became the company’s youngest Managing Director and rose to lead its acquisitions team. During his final five years at the firm, the team was the largest buyer of institutional apartments in the Pacific Northwest and averaged approximately $1.0B of annual acquisitions from 2019 through 2022.
During his tenure, Davis acquired 22,000 units across eight states with total capitalization exceeding $6.0B. By his departure, $2.6B of those investments had been sold, generating an average deal-level IRR of 28% and more than $1.0B of value creation. Davis also led institutional equity fundraising for the acquisition platform, structuring joint ventures with many of the nation’s leading real estate investors, including Blackstone, Oaktree, Rockwood, Pacific Life, Clarion Partners, Liberty Mutual, Intercontinental and BentallGreenOak, as well as several international equity partners. In total, he raised more than $2.0B from 20 institutional partners.
Earlier in his career, Davis worked in real estate debt and equity placement for Northwestern Mutual. He holds a BA in Finance from the University of Washington, where he graduated cum laude.