San Francisco Office · Vertical

Vineyard & Working-Land Conversion

Vineyards, ranches, and working-land conversion strategies that pair yield with legacy value.

Vineyards, ranches, and working-land conversion strategies that pair yield with legacy value. Land that produces income today and appreciates over a generation.

Focus Areas

Where we underwrite conviction.

01

Napa & Sonoma Vineyards

Institutional-quality vineyards in AVA-designated Napa and Sonoma sub-appellations.

02

Cattle & Ranchland

Working ranches on the West Coast and Mountain West.

03

Conservation Easements

Working land under conservation easements with tax-advantaged structures.

04

Ag-to-Residential

Long-cycle conversion of ag land to residential and mixed-use.

Platform Metrics

By the numbers.

$40B
Committed across working-land
140,000 acres
Vineyard, ranch, and working-land portfolio
14 AVAs
Napa/Sonoma appellation coverage
50+ yr
Working-land hold horizon
Regional Office

San Francisco, CA

Vineyard & Working-Land Conversion Vertical
1 Sansome St Suite 1400 San Francisco, CA 94104
Fund Platform

Funds & Allocations

Funds
2
Total Allocation
$40B
FundFund Size
PCC Vineyard & Working-Land Conversion Fund I$20B
PCC Vineyard & Working-Land Conversion Fund II$20B
Total — Vineyard & Working-Land Conversion$40B
Illustrative — Representative Asset

Sansome Street Vineyard Portfolio

Napa & Sonoma, CA
1,240 acres vineyard · 8 sub-AVA properties · winery + hospitality integration

Diversified Napa/Sonoma vineyard portfolio paired with hospitality real estate — yield today, generational land value tomorrow.

Anchor tenant: Winery operators (representative)

Market Context

Underwriting environment

Real-world data grounding the thesis
$83B
U.S. wine market 2024
+3.2%
U.S. premium-wine growth 2024
$400K/ac
Napa vineyard average (2024)

Serious capital for vineyard & working-land conversion.

Qualified LPs and institutional partners can request the full data room and current allocation window.

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