Company Profile
Hoban Family Office is a real estate investment and services-focused family office dedicated to creating value and income for its principals and co-investors. The firm primarily focuses on core-plus multi-family real estate assets located in high barrier-to-entry markets. Beyond real estate, Hoban Family Office also engages in modest angel and private equity opportunities, investing in operating businesses that align with their diversified commercial real estate service company growth plans, while maintaining sufficient liquidity for strategic ventures.
The origins of the Hoban Family Office trace back to 1987 when brothers Tom and Shawn Hoban launched their real estate career with Coast Property Management. This initial venture, built on an 'others-centered' philosophy, expanded into the Coast Group of Companies, which today manages over $8 billion in real estate assets across various property types. The Hoban Family Office itself was formally established in 2017 to serve as a platform for innovation, talent development, and philanthropic endeavors, leveraging the extensive resources and expertise of the broader Coast Group. The family's long-term vision is to positively impact the lives of one million individuals through their business and charitable activities.
The firm's investment portfolio includes stakes in various startups and angel groups. Notable investments include Lyft, an app-based ride-hailing aggregator; Polyverse Corporation, a security solution for operating systems; RedAwning, an online marketplace for vacation rentals; Prompt.io, offering cloud-based message marketing services; and Leasera, a SaaS-driven rental property management software. They also participate in angel investment networks such as IrishAngels and Northwest Business Angels, indicating an interest in early-stage companies across diverse sectors.
The leadership team brings extensive experience in real estate and finance. Tom Hoban, Chairman and Co-founder, holds a BA in Finance from the University of Notre Dame and has a background in commercial lending. Shawn Hoban, CEO and Co-Founder, also graduated from the University of Notre Dame with a degree in Business Finance and holds CCIM and CPM designations. The team also includes professionals like Mark Washington, a Senior Vice President at Eastdil Secured with significant experience in investment sales and capital markets, and Jaebadiah Gardner, Founder & CEO of GardnerGlobal, Inc., a multi-family real estate developer. Their collective expertise spans property management, real estate development, investment banking, and venture capital.
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