We don't guess. We make sure the deal makes sense.
David Simmons is the Founder & CEO of StrataX Development, a San Jose, California real estate development firm focused on infill density, and the principal of Silverback Capital, a Sacramento-based private lending operation.
He holds a B.A. in International Business from the University of Portland and brings 20+ years of experience across strategy, finance, and sustainable design. David also spent 12 years coaching high school football — a discipline that still shapes how he runs deals: prepare relentlessly, execute on time, accept no excuses.
StrataX was launched in early 2025 as a standalone brand focused entirely on California infill density plays — built on the conviction that SB9, AB1033, and SB79 fundamentally rewrote the economics of residential real estate, and most operators haven't caught up.
Not a contractor. A development platform.
Most ADU companies in the Bay Area are builders. StrataX is something different: a boutique real estate private equity firm sitting at the intersection of legislation, deal origination, capital structuring, and execution. Construction runs through vetted licensed contractor partners — but the deal is ours from acquisition to exit.
Both sides of the capital stack.
Silverback Capital is the private lending arm — financing the kinds of projects most banks won't touch. ADU builds, infill density, SB9 lot splits, non-conforming residential construction. As of 2026, Silverback funds nationwide. A homeowner or investor entering through StrataX can be qualified and financed without leaving the ecosystem.
"The biggest opportunities in real estate aren't obvious — they're created. We're not focused on one-off projects. We're building a platform."