The Senator

Sacramento Commercial Property | MOVE IN READY SUITES AVAILABLE FOR LEASE | Across the street from the Capitol

Michael Xianhong Wu

Chairman

Born and raised in Chongqing, China, Michael Xianhong Wu’s started his career as a lecturer in Economics at Capital University of Economics and Business in Beijing.  In 1998, Michael decided to go into real estate and formed his first real estate development firm, Beijing Gong Jing Development Co., Ltd., with partners. In 2002, he acquired Chongqing Second Foreign Language School (“Verakin High School”) and became the Chairman and Principal of Verakin High School. In 2004, he established Verakin Development Co., Ltd. (and renamed it “Verakin Group Co., Ltd.” in 2005) and served as Chairman. In 2015, Michael invested in Chongqing Weiyuan Technology Innovation Research Institute Co., Ltd., and served as Chairman and General Manager.

Michael has received numerous awards, including “Western Excellent Entrepreneur”, “Property Improvement Promoter”, “National Top 100 Real Estate Entrepreneurs”, “Outstanding Contribution Award for Education”, “National Federation of Industry and Commerce for Earthquake Relief Advanced Individuals”, “Excellent Private Entrepreneur” and other honors.

After securing his PhD, Michael became a Postdoctoral Fellow in Applied Economics at Peking University. His also served as a visiting professor and executive deputy director of Peking University Guanghua Tiancheng Postdoctoral Station, a researcher at the National Development and Strategy Institute (a national think tank) of Renmin University of China, a visiting professor at Keuka University, Adjunct Professor of Dongbei Finance University, Adjunct Professor of School of Economics and Management, Beijing Jiaotong University, Visiting Professor of International Business School of Yunnan University of Finance and Economics.

Michael Wu is an Honorary Trustee of the Board of Trustees of Peking University.

Senior Management Team

Common values and friendship are the cornerstones of our partnership philosophy – our partners have been friends and colleagues for many years prior to the founding Verajoy Capital. Through our shared values and vision, the partners have been working seamlessly to make capital deployment and asset management decisions. As we continue to build our US investment platform, we have relied on the same philosophy when building longstanding relationships with new partners in the Bay Area. 

Our senior management team has collectively over 50 years of commercial real estate investment, development and financing experience. Key members of the senior management team have accumulated robust investment and asset management track record from our parent company Verakin Group, as well as major multinational financial services firms such as Warburg Pincus, Merrill Lynch and Capmark Financial Group.

Our team members live and work locally and align their interest with our investment vehicle through co-investing a significant portion of their personal net worth into each project.