History
1986
The Beginning
Igal & Yuval started SB Pacific in 1986 to achieve their goals of financial independence by renovating smaller multi-unit family homes.
Pioneers in their field, they relied on their personal finances to create and establish a thriving and profitable business.
1990
An unexpected turn
After the 1989 earthquake, renovation and retrofitting of brick buildings gave SB Pacific a new direction. Their construction experience, combined with an acumen for identifying properties with potential sowed the initial seeds of growth.
1997
SB Pacific Group purchases building at 2295 San Pablo Ave. and moves from leased office space to new location.
2005
A fresh perspective
Bolder investments outside their home state of California saw SB Pacific expanding to San Antonio in 2005. These investments in larger multifamily buildings required investments – which came from friends and family, not to mention the partners’ personal capital. It is a matter of pride to the entire team that every investor they started with is still on board!
2005
SB Pacific Group constructs a third story addition to their office building and the operation moves to brand new offices on the third floor.
2014
New Horizons
SB Pacific Group aggressively pivoted by partnering with Brandon, a trusted advisor and industry professional, to initiate a new path for the organization. Under this new evolution, the company would see massive growth, expanding into new markets and further accessing new relationships. Acute analysis and local knowledge, combined with establishment of strong alliances for outsourced functions such as property management and underwriting allowed for growth on the back of a lean core team.December 2014
SB Pacific Group enters Arizona.
May 2015
SB Pacific Group acquires first property in Mississippi.October 2015
Amit
Combining Igal and Yuval’s history in Israel with the desire to scale the business, SB Pacific Group partnered with Amit to raise capital and develop a presence and relationship in Israel.
March 2016
SB Pacific Group enters new market in Florida.April 2016
Peter
As SB Pacific Group’s ownership passed 2,000 units, Peter was brought on as a dedicated Asset Manager to oversee the growing portfolio and ensure no details would be overlooked.
September 2016
SB Pacific Group expands into Louisiana.January 2018
SB Pacific buys first asset in Oklahoma.August 2018
SB Pacific Group purchases first property in Alabama.Jan 2020
Jonathan
In order to dedicate more resources to the investor relationship as well as financial operations and corporate growth, the company onboarded Jonathan to develop a new role within SB Pacific Group.
July 2020
Kevin
SB Pacific Group made a strategic decision to hire Kevin as an in-house construction manager based in Louisiana, central to the portfolio, to oversee all aspects of maintenance, repairs, and value add projects, increasing our oversight at the property level.
September 2020
SB Pacific Group launches its first fund, SBPG Apartment Growth and Income Fund I LP.
June 2021
SB Pacific Group transitioned from 3rd party to vertically integrated management under City Heights Asset Management led by Susan Partrich.