Sunday, February 9, 2025

Ted Eldredge The New President & CEO of Manchester Financial Group

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Manchester Financial Group, a private real estate development company founded in 1970 by Papa Doug Manchester and which has developed more than $5 billion in assets worldwide, has a new a President & CEO, Ted Eldredge. Eldredge succeeds Dick Gibbons who retired after 35 years of illustrious leadership of the company.

Eldredge’s Extensive Real Estate Experience

Eldredge has more than 30 years of real estate experience, beginning his career at CBRE in 1990 specializing in industrial and research and development building leasing and sales. Manchester Financial Group recruited Eldredge in 1999 as President of M Commercial Properties, during which he oversaw all the Manchester Financial Group commercial properties, including acquiring Torrey Pines Business & Research Park and Mesa Rim Plaza (Manchester Plaza). Eldredge also worked on the development of the Manchester Grand Hyatt second tower, The Grand Del Mar and Whitetail Golf and Resort development in McCall, Idaho.

Entrepreneurial Ventures and Return to Manchester Financial Group

After working with Manchester Financial Group for 10 years, Eldredge started his own company in 2009, EWE Capital, and began acquiring his own properties. He was recruited as President of Alliance Diversified Properties in 2011 and continued with the company for seven years during which he acquired office and life science properties. In 2018, he returned to Manchester Financial Group to become President of Manchester Pacific Gateway – a $1.8 billion waterfront development in San Diego.

Ted Eldredge’s Vision for the Future

“I am excited to be back at Manchester Financial Group to work on such a significant project that will have a tremendous impact on the city of San Diego. Manchester Pacific Gateway will be an iconic destination that will change the downtown landscape and create jobs and revenue for the city. I look forward to the completion of the project and many more deals to come,” Eldredge shared with GB Magazine.

Papa Doug Manchester’s Statement on Eldredge’s Leadership

Ted Eldredge is strong and solid in all ways and our company and family look forward to his leadership,” stated Papa Doug Manchester, Chairman.

www.manchesterfinancialgroup.com

Danitza Villanueva
Danitza Villanueva
Danitza Villanueva was born in San Diego but spent her youth with her family in Tijuana and grew up on both sides of the border. She has transferred her unique insight of cross-border culture, trends and philanthropy to her business and community interests. Danitza is the first woman from her family to graduate from college. She has two degrees, one from Fashion Institute of Design and Merchandising in Fashion Marketing, and a second from San Diego Christian College in Communications. After starting GB Magazine with Esteban Villanueva in 2007, she has gone on to win awards and recognition from the community for her support of helping raise millions of dollars for non-profit organizations. Currently she resides in East County in San Diego where she and her husband Esteban run DAESVI Publishing, home to GB Magazine, among several other publications.

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