Hoban Family Office

What Hoban Family Office does

Hoban Family Office (HFO) is a privately held, multi-family investment group founded in 1987 by brothers Tom and Shawn Hoban, headquartered in Everett, Washington. The firm began with $1,200 in capital and operates today as the parent entity of the Coast Group of Companies, managing more than $5-8 billion in real estate assets across the Pacific Northwest. HFO was formally established in 2017 as a holding company for the Hoban brothers' operating businesses, innovation platform (Coast Innovation Center), talent development efforts, and charitable activities.

HFO's business is concentrated in two core operating subsidiaries. Coast Property Management is a full-service property management firm covering multi-family, office/retail/mixed use, self-storage, industrial, HOA, and micro-housing properties across Washington, Oregon, and Idaho, serving private and institutional property owners. CEP Multifamily is a sponsored investment platform that enables other family offices and accredited investors to co-invest in core-plus multi-family real estate assets in high barrier-to-entry markets. The firm has exited non-core facility services, specialized construction, and brokerage businesses to focus exclusively on these two engines.

Revenue mechanics combine managed-services fees from Coast Property Management with transaction and investment-related returns from CEP Multifamily. The go-to-market is primarily enterprise field sales, leveraging direct relationships, co-investment structures for family offices, and a personal-brand-driven content and podcast strategy centered on co-founder Tom Hoban. The customer base spans three primary segments: other family offices seeking co-investment, private property owners and investors, and institutional owners. HFO also operates the Pivot Point Project, a college application support program for first-generation students and children of disabled veterans, as part of its philanthropic mandate targeting "over 1,000,000 souls."

Name

Hoban Family Office

Legal name

Hoban Holdings, Inc.

Website

https://hobanfamilyoffice.com

Company type

Private

Founded year

1987

Operating status

Operating

Headcount range

251–500 employees

Short description

Hoban Family Office is a privately held, Pacific Northwest-focused real estate investment and services group founded in 1987, operating Coast Property Management and the CEP Multifamily co-investment platform to manage over $5-8 billion in assets for family offices, private owners, and institutional investors.

Ownership category

akta.pro rank

Product category

Multifamily Real Estate Investment & Property Management

NAICS

Real Estate Property Managers (53131), Lessors of Residential Buildings and Dwellings (53111), Corporate, Subsidiary, and Regional Managing Offices (551114)

SIC

Real Estate Agents & Managers (For Others) (6531), Operators Of Apartment Buildings (6513)

akta.pro primary industry

Family Office Investment Platforms & Direct Investing (PE/VC/Co-Invest) (FSAAADAH)

akta.pro secondary industries

Family Office Services (Single & Multi-Family Office) (FSABADAF), Homeowners Association (HOA) Management (BPAJAHAB)

Keywords

• Multifamily real estate investment
• Commercial property management
• Family office services
• Real estate co-investment
• Core-plus multifamily assets

Headquarters

HQ city

Everett

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Supply Chain, Others

Revenue model

1. Real Estate Investment Returns: Yield-oriented returns from multi-family real estate investments through their CEP Multifamily platform
2. Property Management Services: Full-service property management services through Coast Property Management covering multi-family, office, retail, mixed use, self-storage, industrial, HOA, and micro-housing in Washington, Oregon & Idaho

Go-to-market motion1 record

Distribution channels2 records

Marketing channels6 records

Core offering

Hoban Family Office is a real estate investment and services-focused family office that operates two main businesses: Coast Property Management, a full-service property management firm covering multi-family, office, retail, mixed-use, self-storage, industrial, HOA, and micro-housing assets in Washington, Oregon, and Idaho; and CEP Multifamily, a yield-driven multifamily real estate investment platform that allows other family offices and accredited investors to co-invest in core-plus multifamily assets. The family office also runs the Pivot Point Project, a philanthropic program supporting first-generation college students.

Product overview

Hoban Family Office operates as a unified family office platform coordinating real estate investment and services through two primary operating companies: Coast Property Management (full-service property management for multi-family, office, retail, mixed-use, self-storage, industrial, HOA, and micro-housing properties across Washington, Oregon, and Idaho) and CEP Multifamily (yield-driven multifamily investment platform enabling co-investment in core-plus assets). The family office leverages Coast Property Management's operational platform to identify investment opportunities and serves as the charitable arm, supporting the Pivot Point Project mentorship program and other community initiatives.

Differentiator

Problem solved

Functional benefit

Products and services

• Hoban Family Office Parent family office entity that coordinates real estate investment activities, manages the Coast Group of Companies operations, and oversees philanthropic initiatives including the Pivot Point Project. Serves as the holding company for operating businesses focused on multi-family real estate investment and community impact.
• Coast Property Management Full-service property management company offering multi-family, office/retail/mixed-use, self-storage, industrial, HOA, and micro-housing management services. Serves property owners, investors, and developers throughout Washington, Oregon, and Idaho.
• CEP Multifamily Yield-driven multifamily real estate investment platform that enables family offices and accredited investors to co-invest in core-plus multi-family assets in high barrier-to-entry markets across the Pacific Northwest and broader United States.

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered core.

• Third & Goal FoundationcoreStrategic or Co-development PartnerPartnership with Third & Goal Foundation (founded by former Seahawk Brady Quinn and his wife Alicia) to serve combat disabled veterans and their sons and daughters. Includes joint venture projects and support through the Pivot Point Project, with priority given to children of disabled veterans.
• Coast Property ManagementcoreStrategic or Co-development PartnerCoast Property Management is a key affiliate partner in family efforts to serve the marginalized and vulnerable in Pacific Northwest communities, including high school students needing Pivot Point Project support. The partnership prioritizes sons and daughters of Coast employees and residents in their communities.
• CEP MultifamilycoreStrategic or Co-development PartnerCEP Multifamily is the family's sponsored investment platform for yield-driven multifamily investments, working in conjunction with Coast Property Management to create investment opportunities for others to join the Hoban family office.

Scale indicators4 records

Recent moves7 records

Expansion highlights4 records

Broad incumbents

• Greystar Real Estate Partners: The largest multifamily property manager and operator globally with a significant investment arm, Greystar manages over $300B in assets. Directly comparable to HFO's combination of property management (Coast PM) and multifamily investment platform (CEP Multifamily), though at vastly greater scale and with a national rather than regional footprint.

Direct peers

• The Bascom Group: Vertically integrated multifamily investment firm that operates, renovates, and manages value-add and core-plus apartment properties. Closely comparable to HFO's model of combining direct multifamily investment with in-house property management, though Bascom is national and value-add focused rather than core-plus in the PNW.
• RPM Living: National multifamily property management firm with affiliated investment and capital allocation activities. Comparable to Coast Property Management's full-service multifamily management model and CEP Multifamily's investment platform, though RPM operates nationally with broader institutional capital relationships.
• Berkshire Residential Investments: Privately held multifamily investment and property management firm that invests in core, core-plus, and value-add multifamily. Highly comparable to HFO's vertically integrated structure combining owned property management operations with multifamily investment activities.
• Fairfield Residential: Multifamily investment, development, and property management firm operating across the U.S. Closely mirrors HFO's model of owning both the property management operating company and a multifamily investment platform, with similar focus on core-plus and value-add strategies.
• FPI Management: Multifamily property management company serving owners and investors, including institutional clients. Comparable to Coast Property Management's full-service multifamily management offering and overall Pacific Northwest operating footprint, though FPI is national in scope.
• GID Investment Advisers: Vertically integrated real estate investment and operating platform with multifamily, office, and other property exposure. Comparable to HFO's vertically integrated family-office structure with combined investment and operating subsidiaries across multiple asset classes.
• Weidner Apartment Homes: Privately held multifamily investment and property management company with a West Coast and Pacific Northwest presence. Comparable vertical integration model combining apartment ownership/investment with in-house property management, overlapping HFO in PNW markets.

Regional players

• Pillar Properties: Pacific Northwest multifamily owner, operator, and developer with integrated property management. Closely comparable regional peer with similar focus on PNW multifamily and in-house operations, directly competing with HFO in core Seattle/Everett submarkets.
• Guardian Real Estate Services: Pacific Northwest and Western U.S. multifamily property management and investment firm. Comparable to Coast Property Management's regional service offering and CEP Multifamily's investment activities, with overlapping Pacific Northwest geographic coverage.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/in/tom-hoban-04b57124

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Hoban Family Office