In October 2019, AMCAL was named by the Los Angeles Business Journal as one of LA’s Most Influential Family Owned Businesses. Here is part of the story. Read the rest at the link below.
Originally emigrating from India, Percival Vaz earned electronics and
business degrees from UCLA, but found his early career choice in
technology left him uninspired. After buying the first home for his
growing family, Vaz got the real estate bug and started AMCAL in 1978
with his wife, Lux, in their garage as budding entrepreneurs.
Vaz has led the company’s growth from a single-family home investor
to a premier multi-state developer of student, affordable and luxury
apartment communities representing more than 80 developments and 7,000
units valued at $1.5 billion – with $2.5 billion more product in
development or under construction.
Read more at this link.