John is a seasoned expert in strategic planning and executive leadership and is responsible for the daily operations and company culture at Coast. He joined the Coast Group of Companies in 2016 after spending 15 years in banking, where he held various sales and leadership roles. He is an active member of several professional industry and community organizations and his service roles have included Association of Corporate Growth (ACG – Seattle Chapter), Associated General Contractors of Washington (AGC – Seattle Chapter), Commercial Real Estate Development Association (NAIOP – Washington State), and a philanthropic commitment for numerous volunteer hours at local nonprofits. John currently serves as President of the Board of Directors for the Washington Multifamily Housing Association (WMFHA). John and his wife, Lynn, enjoy spending time with their four children, golfing, and exploring all that the northwest has to offer.
Coast Property Management
Who We Are
Real estate management is a “people” industry, and we employ the finest people in the business. At Coast Property Management, no matter the position or job title, each member of our team of 500+ employees contributes to our overall mission of providing unparalleled services for our clients and residents, and superior homes, storage spaces, and commercial spaces. The key to our success is a work environment that communicates clear expectations, identifies individuals’ strengths, and provides the training and support for the property to excel and for the people to grow. And when they do, the property succeeds and the team thrives. That’s why our employees say they are proud to work at Coast, a company that knows how home should feel.
John Maihofer
Chief Executive Officer
Jeffrey Pedigo
Chief Operating Officer
Chief Operating Officer
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Jeff is an experienced real estate executive with expertise in stewardship of clients’ properties and leading management teams. Throughout his 30 years in the industry, he has been consistently successful at responding to changing market conditions, maintaining above-market performance, and driving value. Jeff is responsible for operations at Coast Property Management and drives strategic initiatives for data driven processes, business intelligence, process standardization and organizational design. Jeff rejoined the Coast team in 2020 after spending 18 years in Asset Management, holding various leadership roles. Jeff holds a Master’s degree of Arts in Business and Administration from Washington State University and has a CPM® designation with IREM. Jeff also enjoys being involved in the community, working with the Boys and Girls Club, Boy Scouts of America, and other local charities and non-profit organizations. Jeff and his wife, Connie, have three children, and he enjoys hiking, cycling, basketball, volleyball, golf, and pickleball.
Lori Franceschini
Chief Revenue Officer
Chief Revenue Officer
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Lori is responsible for client and vendor relations for Coast. With 25+ years of asset management experience, she drives value for clients and oversees the marketing and development of new lease up properties. She has vast expertise in advising on strategic initiatives to enhance business performance, resulting in increased portfolio value, and maximizing revenue growth for owners. She collaborates closely with clients through development, due diligence, managing detailed underwriting, and aiding multifamily investors in assessing investment options aligned with their goals. She has successfully directed the marketing and operations of 50+ lease up communities, primarily in Seattle, Tacoma, Portland, and Boise. She implements the advertising and marketing plan and drives results with the on-site teams from lease up to stabilization. Prior to joining Coast, Lori held the roles of Vice President of Property Management and Director of Asset Management. Lori and her husband, Steve enjoy spending time with their family of four children, one granddaughter and two mischievous dogs.
Our
Humble Start
In 1987, Tom Hoban, chairman, and his brother, Shawn Hoban, CEO, came together around the idea that property management services could be done differently and molded by their family values. At the time, Shawn was finishing college and Tom had started a career in banking, but it wasn’t until Tom began working directly in property management and Shawn in sales that their vision became a reality and they decided to act. On October 23, 1987, Coast was born.
The brothers had one big problem in those early days: They had no money. With only a pickup truck, a plunger, and a remarkable commitment to each other, they forged ahead, building the company by themselves brick by brick.
Their core values and commitment to each other attracted others of like mind. Over time, the Coast brand became synonymous with selflessness and commitment to excellence in the real estate field. Even today, those core values have never changed and live on in a company many times bigger and more influential than either of the brothers dreamed of in those early years.
“Starting out with a dream and an idea but with next to no resources turned out to be foundational to who we are today,” says Shawn. “There isn’t a job in this business we haven’t done ourselves, so we have a deep appreciation for the contribution everyone makes to the organization and a get-it-done attitude.” Tom sees it similarly, “In many ways, Coast is a reflection of our family values of hard work, selflessness, and commitment to each other. Those are universal values, it turns out, shared by many other tremendous people who call themselves Coasties.”