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 in their own 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 plunger, a pick-up truck, 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.”
