With 48 years of real estate experience, Pat Smith is a natural choice to lead WestPac. As the principal contractor for both WestPac Construction and Smith and Company, he’s been responsible for thousands of units developed and dozens of other projects.
WestPac itself was founded in 1974 by Alex Pananides and now handles a diverse, privately-held portfolio.
One Name, Four Missions
WestPac has split its mission into four categories to focus on each and provide the highest return for investors and the best possible properties for residents and guests. These are WestPac Communities, WestPac Development, WestPac Hospitality, and WestPac Investments. Under Pat Smith as CEO, each has grown to become a leading player in its specific area.
WestPac Communities
Under the Pat Smith WestPac period of the company, WestPac Communities has grown to become one of the most trusted providers of student housing in the nation. Their stated mission is to provide student housing that’s high-quality, well-serviced, reliable, innovative, and profitable. Designed to serve both students and investors, WestPac Communities have improved campus life at universities around the country. Their properties include:
- The Landings at Chandler Crossings
- The Club at Chandler Crossings
- The Rocks at MSU
- The Village at Chandler Crossings
- Gaslight Village
- The Cottages
- Abbot Manor
- NoCa Lofts
- Valencia
…to name a few.
According to Pat Smith, WestPac plans to continue investing in student housing that’s high-quality and conveniently placed for the needs of modern students everywhere.
WestPac Development
WestPac development focuses on the diverse investment portfolio that’s become the company’s hallmark under Pat Smith.
Together with banks, private investors, and joint investments, WestPac’s projects include 5,000+ apartments, seven hotels, five senior living communities, and dozens of single-family communities, condos, master planned communities, resorts, hotels, and office or mixed-use retail spaces and warehouse buildings.
Now with over 30 years of experience, WestPac Development employs 350+ people and seeks to develop investment opportunities that will optimize yields for investors and safeguard capital every step of the way.
WestPac Development properties include Acacia Creek Business Park, Aerovista Business Park, and Railroad Square.
WestPac Hospitality
WestPac’s hospitality developments have become iconic nationwide for their beauty, luxury, and dedication to high-end service and artistic design. Pat Smith’s experience in architecture has helped ensure that every hotel or resort WestPac develops has more than just practical functionality but instead offers a creative, striking visual layout that’s designed to maximize guest experiences.
WestPac Hospitality projects include:
- The Residences at Little Nell, Aspen
- Base Village, Snowmass, Aspen
- Viceroy Snowmass, Aspen
- Cerro Hotels & Resorts
- Sandman
…and others.
WestPac Investments
WestPac Investments range from condo complexes to independent living facilities nationwide. Their properties include Parkwood Condominiums, Assisted Living at Garden Creek, Independent Living at The Oaks and The Palms, and Memory Care at Sydney Creek