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Sunday, Nov 17, 2024

Most Influential Family Owned Businesses 2019: GOLDRICH KEST

Culver City

Goldrich Kest is a privately owned, family-run real estate company, founded in 1957 by two entrepreneurs and holocaust survivors, Jona Goldrich and Sol Kest.

Goldrich & Kest Inc. was a recognized innovator in developing Southern California condominiums in the 1960s. By 1968, the company was a pioneer developer in Marina Del Rey where it built one of the first luxury apartment complexes in the marina, which was previously considered swampland. Throughout the 1970s and 1980s, the company continued adding government assisted housing to its portfolio, and rapidly became one of California’s largest developers of government assisted apartments.

Today, the second generation of the Goldrich and Kest families, referred to in-house as “G2,” continue to build upon the eponymous company’s ever-expanding portfolio consisting of 122 apartment buildings with 13,544 units, five marinas, 24 senior living facilities and more than 6 million square feet of non-residential space.

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