About Us


With it's roots going back to the late 1990's, the firm has evolved into its current operating platform known as Evolution, which was created to deliver mixed use apartment projects that maximize value and returns for the next generation. The Evolution team has over 150 years of collective experience in real estate development, construction and operation of mixed use, multifamily, and industrial assets. Evolution consists of affiliated real estate development and general contracting companies that provide seamless execution for each investment. All assets are developed in joint ventures with business plans to either sell the asset with an outsized return of investment, or hold the asset long term for ongoing wealth building and appreciation. Evolution's operating platform is designed to create brand awareness in the marketplace, and long term value for its partners and its team members.

Our residents are our most valuable clients , and we place a primary focus on improving their lives through building better places to live. We are committed to best in class developments that offer superior amenities to our residents, and that offer our residents the ultimate in live, play and work environment.

We are committed to working very closely with our host Cities, to create projects that address all areas pertaining to land use, zoning, traffic, design, political arena, and the immediate neighborhood. We are passionate about upholding our reputation among all Cities and communities in the highest regard, and we are considered to be a "friendly developer" in today's challenging real estate environment. 

Amongst our peers, we are known as leaders in our industry with a deep commitment to delivering Best in Class projects. 

Our aim is to build the most respected development company, while delivering on time and on budget projects at every turn.



Todd PratT

Founder and Managing Partner

As a Founding Partner, Mr. Pratt is responsible for the overall strategy and development

and construction of Evolution’s projects. With a real estate and construction background

spanning nearly 30 years, he has acquired, developed, constructed, operated and sold over 20 mixed

use and industrial projects in Southern California and San Jose with a value in excess of $600 million.


Using a unique project delivery method, the firm has successfully

managed the development and construction of each project, resulting in 100% of the

firm’s projects delivered within budget. Globally, the firm and its predecessor Chandler

Pratt, have an investment track record exceeding 29% IRR across all built projects, with 3

land deals exceeding 100% equity returns.


Prior to developing mixed use projects, Mr. Pratt worked in the senior housing industry

and gained a specialty experience in assisted living/memory care. He also was employed

by Ernst & Young/Kenneth Leventhal during the mid 1990’s while Ken Leventhal and

Stan Ross led the firm, working as an owners representative in the real estate consulting

group. Mr. Pratt also worked in construction as an estimator and project engineer for

Snyder Langston in Irvine, working on numerous commercial office and retail projects.

This provided a foundation for understanding construction costs and field operations.


Mr. Pratt holds a Masters and Bachelors degree in Architecture/Real Estate Development

from California Polytechnic State University, San Luis Obispo. He is a licensed real

estate broker, general contractor and architect in the State of California. He served two

terms as Vice Chair of the Design Review Board for the City of South Pasadena, and

volunteers at local church and charity functions regularly.



Parham Pierce Yedidsion

Founder and Managing Partner

Mr. Parham Yedidsion is a Co-Founder of Evolution Strategic Partners, LLC, and as such

is involved in the creation of the organizational strategy and implementation of its growth and development

efforts. Mr. Yedidsion has been involved in the real estates investment and development arena since 1988, where

his firm, 21st Century Development, Inc. was involved in the  acquisition, subdivision and sale of residential and

commercial planned unit developments in the greater Los Angeles and Las Vegas markets. Throughout the years,

Mr.Yedidsion has made numerous investments in the industrial and commercial space; primarily in the greater

Los Angeles area, and is enhancing on said efforts with the formation of Evolution.


Mr. Yedidsion was also the Founder and CEO of Ecoplast and Envision Plastics, a privately owned

middle market plastics compounding and recycled resins manufacturer, with plants across the United States.

Through 21 years of ownership and involvement,  Mr. Yedidsion successfully acquired multiple businesses

and manufacturing facilities in this arena, and  proceeded  to combine and expand on their efficiencies to create

the leading organization of its kind in North America. In 2014, Mr. Yedidsion successfully sold the collection

of the businesses to a division of Bain Capital.


Mr. Yedidsion is a graduate of California State University, Northridge School of Business, and has a specialty

degree in Marketing. He holds a California Real Estate Broker's license, and has been active throughout his years

on many speaking engagements relative to his areas of knowledge and expertise.

Mr. Yedidsion enjoys devoting his time and attention to his family, business and is further involved in

local community and charitable activities. 



Todd Acalin

Partner, Director of Development

As Development Partner, Mr. Acalin has 20+ years of experience in land acquisition,

development, construction, design and solving complex development challenges. He

leads the firm’s project delivery teams, including our construction group, architects,

engineers and other consultants, to successfully deliver all company development

projects. His experience within the firm, and its predecessor Chandler Pratt, brings a

depth of knowledge to each project. He establishes team building practices, and is

responsible for team unity, which enhances the consistency and forward planning for

each project the firm develops.


Previously, Mr. Acalin was a company leader at Opus West Development

Corporation, successfully managing the entitlements, design and construction process

for some of the firm’s most complicated projects including large mixed use and

commercial office projects.


Prior to Opus West Development Corporation, Mr. Acalin managed design-build

projects across the nation for Fluor Corporation, Shawmut Design and Construction

located in Boston, and Charles Pankow Builders located in Pasadena. Mr. Acalin

received his Bachelor of Science degree in Construction Management from Cal Poly,

San Luis Obispo in 1997. He is a licensed contractor holding a State of California B-1 license.




San Jose Partner

Mr. Mountsier is responsible for the land acquisition, entitlements, market analysis, financial

underwriting, development and construction of Northern California company projects. He has 23 years

of experience in the building and real estate industry as a real estate developer, real estate broker and

construction manager throughout California and Northern Nevada.


Since 1989, Mr. Mountsier has managed the development of over 20 residential developments,

totaling more than 1,600 units for residential development firms and partnerships where he was a

principal. Projects included affordable and market rate, for sale and rental as well as senior, multifamily

and single family housing. His senior housing projects totaled approximately $100 million of assisted

living projects and $80 million of independent living projects. Family housing developments completed

totaled over $100 million. In addition, Mr. Mountsier sourced and acquired the land and obtained the

entitlements on over 5,000 residential units.


Mr. Mountsier holds a Bachelors degree in Financial Management from California Polytechnic

State University, San Luis Obispo. He is a licensed real estate broker in the State of California. He served

five years as board chair for Familias Unidas en Christo, a non-profit agency providing educational and

support services for youth and families in East Palo Alto CA. Dan and his wife Debbie have two children

and live in Campbell California.


mike Mccormick

Project Partner and GC JV Partner

Mr. McCormick is a Project Partner with Evolution Strategic Partners, LLC. In addition, the firm’s

affiliated general contractor McCormick/Evolution JV is co-owned by Mr. McCormick.

McCormick Construction Company brings its deep experience and track record to this affiliate to deliver best in

class construction practices. Mr. McCormick is the fourth generation to manage

the 100-year- old McCormick Construction Company.


Mr. McCormick joined the company in 1981 where he played a key role in the growth of the enterprise

by providing development and construction management services on projects of larger magnitude and

complexity. The company earned a reputation for its attention to detail, especially with budget control

and management oversight, ultimately resulting in repeat and referral engagements expanding to other

states and nationally recognized clients. Over the years, the company has continued to deliver a high

level of service to its clients, providing estimating and budgeting, scheduling procurement,

subcontractor retention and management, cost control, entitlements review and management, design

phase management, and implementation of green construction practices.


McCormick provides a wide range of construction services to the multi-family, mixed use, commercial,

industrial, institutional, hospitality, entertainment, technology, and healthcare market sectors. The firm

has constructed projects for, VIACOM, Occidental Petroleum, General Motors, Hughes Aerospace,

Lockheed Martin, Rockwell International, Kaiser Foundation Hospitals, City of Hope, Saint John’s

Hospital, Saint Bernadine Medical Center, Sheraton, Marriott, Neutrogena, Nordstrom, Macy’s, Caltech,

USC, The Walt Disney Company, and Warner Bros.


Los Angeles and San jose Areas


Project Types

  • 30-300 units, optional mixed use with or without a commercial/retail component

  • 15,000 SF to 5 Acre lot size

  • New construction preferred

  • Total Project Cost from $20 mil up to $100 mil

  • Class A or Class B location and product