New franchisee SVN/Renaissance Commercial brings vision for major growth in the OC

Sperry Van Ness/Renaissance Commercial, which serves the fast-growing Orange County and the “Inland Empire,” is SVN’s newest franchise office. The group, which is headquartered in Irvine, CA, has plans for additional locations in Palm Springs, Riverside, Ontario, and Temecula/Murrietta.

SVN/Renaissance Commercial is led by Darrell Hoover and Michael Gustafson. After six years in the National Football League, Darrell Hoover began his ascent in real estate in 1975, with the creation of Hoover Advertising, an advertising, marketing, and PR firm that included some of the largest residential home builders in the country. He later became a direct leader in the homebuilding industry, as president of Beazer Homes’ Southern California division from 1991 to 1996. During that time, Beazer Homes went public (NYSE: BZH) and became the sixth largest homebuilder in the United States. Following the economic downturn in 2008, Hoover founded CrissCross Solutions, bringing together real estate veterans to help banks and other investors with property repositioning, work-out situations, and asset protection.

With an already well-established presence in Southern California, Hoover and his team of top brokers at SVN/Renaissance Commercial are now poised to seize a major piece of the region’s exploding growth in commercial real estate, including the retail, industrial, high-end apartment, office, and recreational markets. Hoover’s fellow Managing Director, Michael Gustafson, will serve as a leader on many of the property types. The 28-year industry veteran will also help direct all franchise operations, asset services, and property management. An accomplished broker, developer, and contractor, Gustafson previously directed numerous companies including VP Commercial, Vision Offices, and Victoria Properties where his talent resonated through his properties winning numerous national and local awards.  Michael was voted developer of the year three consecutive times by AZ Business Magazine.

 “I’m continually blown away by the smart tools, the knowledge base and the entrepreneurial and collaborative spirit of SVNIC,” said Darrell Hoover. “I like to say that SVNIC is high tech – but also high touch. The passion and commitment for doing what’s best for the client exists at all levels.”

 “SVN/Renaissance Commercial brings a unique combination of experience and fresh perspective to the next generation of Sperry Van Ness® leadership in Southern California,” said SVNIC President and CEO Kevin Maggiacomo. “We’re thrilled to have the enthusiasm of Darrell Hoover and his team, as they look to build a Sperry Van Ness brokerage presence that’s stronger than it’s ever been in this part of the country.”

For information on becoming a Sperry Van Ness franchisee, click here.


*All Sperry Van Ness offices are independently owned and operated.