KIBO Group

What KIBO Group does

KIBO Group, Inc. is a privately-held, vertically integrated real estate development and construction company founded in 1996 by Alberto Valner and headquartered in Santa Monica, California. The firm operates across the full real estate value chain — land entitlement, development, construction, and ongoing property management — primarily in Southern California, with selective projects in Hawaii, Mexico, Montana, and Virginia. Core offerings include custom single-family homes and townhomes in premium neighborhoods (Beverly Hills, Pacific Palisades, Brentwood, Malibu, Montecito), multi-family apartment developments, and commercial real estate such as retail centers, restaurants, auto dealerships, and office buildings. Two wholly-owned affiliates extend the platform: Don Augusto, Inc. (founded 1997) provides in-house concrete contracting, and KIBO Property Management, Inc. (founded 2006) manages the firm's income-producing portfolio plus third-party assets across Southern California.

The business model combines project-based development revenue (recognized on sale of completed assets) with recurring management fees from KIBO Property Management and professional services revenue from Don Augusto. A newer funding stream comes from EB-5 immigrant investor capital, channeled through U.S. Immigration Fund for the Alpine 93/40 project in Whitefish, Montana, which received USCIS I-956F approval. Notable commercial tenants include Goop, Caffe Luxxe, Fidelity Bank, Forma, Frida, and Audi/Porsche/Best Buy dealerships, reflecting a focus on premium retail and lifestyle brands. The company has historically avoided external institutional capital, remaining founder-controlled, and markets itself primarily through earned media (Architectural Digest, LA Times, CNN Travel) and project showcase imagery rather than paid acquisition channels.

Name

KIBO Group

Legal name

KIBO Group, Inc.

Website

https://kibogroupla.com

Company type

Private

Founded year

1996

Operating status

Operating

Headcount range

11–50 employees

Short description

KIBO Group is a privately-held, vertically integrated real estate developer founded in 1996 in Santa Monica, California, specializing in entitlement, construction, and property management of premium residential and commercial projects, primarily in Southern California, with selective expansion into Montana and Virginia.

Ownership category

akta.pro rank

Product category

Real Estate Development

NAICS

Residential Property Managers (531311), Lessors of Nonresidential Buildings (except Miniwarehouses) (531120)

SIC

Land Subdividers & Developers (No Cemeteries) (6552), Operators Of Nonresidential Buildings (6512), Operators Of Apartment Buildings (6513)

akta.pro primary industry

Single-Family Rental (SFR) Property Management (BPAJAFAB)

Keywords

• Real estate development
• Commercial construction
• Property management
• Land entitlements
• Residential construction

Headquarters

HQ city

Santa Monica

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Real Estate Development and Sales: Develops custom residential homes, multi-family residential subdivisions, apartment buildings, and commercial projects for sale to end buyers. Revenue recognized upon property sales.
2. Property Management: KIBO Property Management, Inc. manages shopping centers, office buildings, and apartment buildings throughout Southern California for ongoing management fees.
3. Concrete Contracting: Don Augusto, Inc. provides concrete contracting services for complex foundation systems and architectural concrete work to KIBO projects and external clients.
4. EB-5 Investment Funding: Receives capital from EB-5 immigrant investor program for qualifying rural development projects, structured as equity investment through U.S. Immigration Fund.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

KIBO Group is a vertically integrated real estate development company that performs in-house land entitlements, residential and commercial development, vertical construction, and long-term property management across Southern California. The firm also operates an affiliated concrete contracting business and pursues named multifamily and mixed-use projects such as Alpine 93/40, West Carillo Street Apartments, and Bermuda St. Apartments.

Product overview

KIBO Group is a vertically integrated real estate development company founded in 1996 that specializes in the entitlement, development, and construction of residential and commercial real estate in Southern California. The company's core offerings include custom residential development (single-family homes, townhomes, multi-family apartments), commercial development (retail centers, restaurants, auto dealerships, office buildings), and land entitlement services. The portfolio also includes property management services through KIBO Property Management, Inc. and specialized concrete work through its affiliated company Don Augusto, Inc. Notable current projects include the Alpine 93/40 mixed-use development in Montana.

Differentiator

Problem solved

Functional benefit

Products and services

• Residential Development Custom and luxury single-family home development for high-net-worth buyers in Southern California, executed end-to-end including entitlement, design, construction, and post-completion support.
• Commercial Development Build-to-suit and speculative commercial real estate projects delivered for commercial investors and EB-5 investor groups in Southern California.
• Entitlement Services In-house land entitlement and permitting services supporting KIBO's residential and commercial developments and offered across Southern California jurisdictions.
• Property Management Long-term property management services for residential and commercial assets developed or owned by KIBO Group and partners.
• Don Augusto Concrete Work Affiliated concrete contracting operation providing concrete supply and installation for KIBO projects and external clients.
• Alpine 93/40 Project Named in-progress KIBO Group real estate development project marketed to commercial and EB-5 investors.
• West Carillo Street Apartments Named in-progress KIBO Group multifamily apartment development in Southern California.
• Bermuda St. Apartments Named in-progress KIBO Group multifamily apartment development in Southern California.

Quantifiable outcome

• Over 2,700 single family homes developed
• +3 more outcomes

Named customers8 records

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Five partnerships are on record, tiered core, major, minor and regulatory.

• Don Augusto, Inc.coreStrategic or Co-development PartnerAffiliated concrete contractor established in 1997 that performs foundation and hardscape work for KIBO projects as well as external clients. Specializes in complex foundation systems and high-end exposed architectural concrete walls and surfaces.
• KIBO Property Management, Inc.coreStrategic or Co-development PartnerProperty management company formed in 2006 to manage income-producing properties built by KIBO Group. Expanded services to third parties. Portfolio includes shopping centers, office buildings, and apartment buildings throughout Southern California.
• U.S. Immigration FundmajorChannel Partner/ Reseller/ DistributorOperator of the Alpine 93/40 Rural EB-5 project. U.S. Immigration Fund manages EB-5 investor recruitment and program administration for the project which received USCIS I-956F approval. Project structured for 38 EB-5 investors expected to create 483+ jobs.
• Cushman & Wakefield | ThalhimerminorImplementation/ SI/ Consulting PartnerCommercial real estate brokerage firm that represented seller Thomas W. Dana in the sale of an 11,304 SF medical office building at 2000 High Street in Portsmouth, Virginia to Kibo, LLC.
• U.S. Citizenship and Immigration Services (USCIS)regulatoryOthersFederal agency that approved the I-956F application for the Alpine 93/40 Rural EB-5 project, a significant regulatory milestone under the EB-5 Reform and Integrity Act of 2022.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• KB Home: California-headquartered homebuilder with strong footholds in Southern California coastal markets. Directly comparable in custom and production residential development, though it lacks KIBO's commercial property management and concrete contracting arms.
• Toll Brothers: National luxury homebuilder with material Southern California operations. Comparable in premium/luxury residential positioning and SoCal buyer overlap, though operates at substantially larger scale without property management or commercial development.
• The Related Companies: National real estate development firm with luxury residential, commercial, and mixed-use projects. Comparable in mixed-use and luxury residential expertise and brand-driven pricing power, though substantially larger in scale and capital base.
• Brookfield Properties: Global real estate operator and developer with significant office, retail, and multifamily assets including Los Angeles holdings. Comparable in commercial leasing and property management, though not focused on residential development or custom homebuilding.
• Lennar Corporation: One of the largest U.S. homebuilders with deep Southern California residential operations. Comparable on the residential development side, though significantly larger and publicly traded, and not focused on commercial property management.
• Lincoln Property Company: National residential and commercial property manager and developer with West Coast operations. Comparable in third-party property management and multifamily operations, though operating at much greater scale.

Direct peers

• Hackman Capital Partners: Los Angeles-based owner-operator of industrial, creative office, and studio properties. Comparable in vertically integrated SoCal commercial ownership and operation, though KIBO's portfolio skews more retail/multifamily and includes residential development.
• Douglas Emmett: West LA and Honolulu-focused REIT that owns and operates office and multifamily properties. Directly comparable to KIBO's commercial property management arm (office buildings, shopping centers, apartments) in overlapping Southern California submarkets.
• City Ventures: California-based homebuilder focused on infill and for-sale residential in coastal urban submarkets. Directly comparable in residential development product, SoCal geography, and similar mid-sized private operator scale.
• CIM Group: Los Angeles-based vertically integrated real estate investment and development firm active in urban infill, mixed-use, and multifamily. Closely comparable in geography, integrated acquisition-to-management model, and product mix of residential and commercial assets.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/kibo-group-inc
• Instagraminstagram.com/kibo_group

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries2 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 KIBO Group