Our Story

In 1957, Jona Goldrich & Sol Kest teamed up and formed Goldrich & Kest Inc. to develop their first apartment community. Shortly after, the successful partnership went on a significant growth trajectory and in 1972, Jona and Sol formed G&K Management Co., Inc. to manage their growing property portfolio.

Goldrich & Kest Inc. was a recognized innovator in developing Southern California condominiums in the 1960s. They aggressively developed congregate care facilities for seniors starting in 1965. By 1968, the company was a pioneer developer in Marina Del Rey where they built one of the first luxury apartment/marina complexes in what was previously considered swampland.

In 1970, San Jose Gardens Apartments was unveiled, representing their first foray into the Northern California market. A year later, the company extended its footprint to San Diego with the opening of Genesee Park Apartments. Throughout the 1970s and 1980s boom, Goldrich & Kest Inc. continued adding government-assisted housing to the portfolio, and rapidly became one of California’s largest developers of government-assisted apartments. In the 1980s, the company expanded outside California, entering the for-sale, commercial, retail and industrial markets throughout the United States.

As part of its re-branding in July, 2016, the company formally changed its name, to Goldrich Kest. The family business that Jona and Sol founded over half a century ago now manages a diverse portfolio of over 200 properties nationwide.

Our Founders

Jona Goldrich Co-founder

Founding partner Jona Goldrich embodied the American dream. An immigrant to the United States, he started his real estate empire with the simple idea of keeping construction sites clean. What began with a single apartment building in 1957 has grown into one of the most successful housing development and management firms in all of California. Today, Goldrich Kest manages more than 200 properties and employs close to 600 people.

Born in Lvov, Poland in 1927, Mr. Goldrich fled Europe in 1942 to escape the Holocaust. He landed first in Palestine, where he participated in military action that helped assure the creation of Israel in 1948, before immigrating again to Los Angeles. While working as a window installer, he started a business to clean up construction sites. A chance meeting with construction foreman, Sol Kest, led to a partnership lasting more than 50 years.

Mr. Goldrich passed away in June 2016 at the age of 88. He is survived by his wife of 50 years Doretta, their two grown daughters, a son in-law, two grandsons and a granddaughter. During his lifetime, Mr. Goldrich received countless awards and recognition from both civic and private organizations. His legacy lives on in his family foundation, which focuses on Holocaust awareness and education.

Sol Kest Co-founder

Sol Kest was born in 1922 in Wulchowice, Czechoslovakia. Swept up in the horrors of World War II, he survived 9 concentrations camps only to return home and find his entire family had perished. Determined to rebuild his life, he married fellow survivor, Clara Adler, and they began a lifelong journey together. Sol and Clara eventually immigrated to Los Angeles in 1955 with two small children, determination and a willingness to work hard.

Sol began laboring on construction sites. He was quick to recognize incredible opportunities in the Southern California post-war construction boom. A fortuitous meeting with Jona Goldrich grew into a partnership that created one of California’s largest and most diversified real-estate holding and property management firms. Together Jona and Sol realized their vision of providing diverse housing for Californians across all income levels.

Sol and Clara had two more children in Los Angeles. They remained in Los Angeles, forever dedicated to work, family and their community. Their worldwide philanthropic endeavors focused on Jewish education and medical care continues since Sol's passing in 2010.

Next Generation

Barry Cayton President and Chief Executive Officer, The Goldrich Group

As President and CEO of The Goldrich Group, Barry Cayton is responsible for the leadership and direction of the Goldrich/Cayton family’s business endeavors. His responsibilities include the oversight of all facets of the family business, including property acquisition and disposition, due diligence, financing, loan-origination, asset allocation, and cash management. Mr. Cayton’s management philosophy emphasizes relentless innovation, a competitive mindset, and professional expertise. His business acumen and solid foundation have resulted in wide success and diversification of the family’s holdings.

In addition to his primary role with The Goldrich Group, Mr. Cayton is also the Founder and President of Audio Command Systems, the West Coast’s premier residential audio, home theater, lighting control, and home automation company, providing state-of-the-art home entertainment systems and D-Cinema Theaters to a discriminating clientele.

Mr. Cayton lives in Bel Air with his wife, Andrea Goldrich Cayton and their three children.

Ezra Kest, M.D. Chief Executive Officer, Jordinia Operations, Inc.

Since the 2010 passing of Sol Kest, his son, Dr. Ezra Kest, stepped into his role as the Kest family’s primary representative on the Goldrich Kest team. He also assumed the role as Chief Executive Officer of Jordinia Operations, Inc., the asset management firm for the Kest Family.

Dr. Kest works with the other members of GK’s management team on acquisitions, major re-positioning and refurbishments of existing properties, and the overall strategic planning of the existing multi-billion Goldrich Kest portfolio of assets.

Dr. Kest worked in a successful, private Dermatology practice in New York City from 1989 to 1993. He subsequently relocated to California and founded the Kest Clinic in Beverly Hills, which he ran until 2011. Dr. Kest is married and he and his wife Lauren have four children.

Executives

Members of the Goldrich and Kest families continue to oversee the operations of this privately owned, family-run business. They collaborate with a select group of talented individuals who share a passion for building and sustaining a California real estate legacy. The GK management team is a diverse group of highly skilled professionals who have devoted their careers to acquiring, developing, and managing premier real estate assets. Click on a name to learn more about our executives.

Carole Glodney was born in Chicago, Illinois and raised in Southern California. She began her career at Laventhal & Horwath as a business management accountant. In 1972, she started working at Goldrich Kest as an assistant controller. During the course of her career, she has held many positions within the organization ranging from Controller to President. In 1987 Ms. Glodney was promoted to President of GK Management Co., Inc.

While working at GK, she simultaneously earned her degree from the University of San Francisco with an emphasis in Human Relations and Organizational Behavior. As President, Carole oversees the Property Management Divisions, which includes the Compliance and Regulatory Departments. In addition, she is responsible for the Marketing, Asset Management and Risk Management Divisions.

Carole is a member of multiple Local and National Industry Organizations and has served in various Board capacities. She was recognized by the Los Angeles Business Journal as Executive of the Year in its “Women Making a Difference” program, and was a recipient of the Affordable Housing Management Association’s Clive Graham Memorial Award.

Mike Drandell was born and raised in Los Angeles and is a proud product of the Los Angeles Unified School District. He received his Bachelor of Science in Accounting at California State University Northridge. While pursuing his CPA certificate, Mike worked at the Beverly Hills accounting firm of NSBN LLP (formerly Nanas, Stern, Biers, Neinstein & Co.), where he was elevated to the youngest manager in the firm’s history. During his 9 years at NSBN, Mike specialized in real estate audit and taxation.

In 1995, Mike left public accounting and started his career with GK as Controller for GK Management Co., Inc. Since then, he has held the positions of Vice President/Controller, Chief Financial Officer and currently Chief Operating Officer. Mike is COO for all GK-related companies including GK Management Co., Inc.; Prestige Homes, Inc.; Royale Management Co., LLC; and Active Mortgage Corp. Together with Carole Glodney, Mike oversees all aspects of Goldrich Kest’s diverse real estate portfolio.

Mike is a current member of the American Institute of Certified Public Accountants, the California Society of Certified Public Accountants, a past board member of the Los Angeles Business Council, board member and past president of both the Affordable Housing Management Association and AHMA Foundation. Mike lives in Santa Monica with his wife, Julie, and their two daughters.

Sarah Furchtenicht is responsible for all aspects of insurance procurement, captive management, claims management, safety, compliance and litigation management for all of GK-related companies. She and her team service the needs of a diversified portfolio, emphasizing strong customer service. In 2014, she also began overseeing our recreation department, which includes senior, afterschool, and summer camp programs.

Sarah began her career in insurance working as an adjuster for Crawford & Company, a national third-party administrator. At Crawford, she gained tremendous experience in policy analysis for coverage, litigation management, claims investigation, regulatory and agency requirements, and the ability to negotiate and direct meditations and counsel to resolution. She joined GK as a Risk Manager in 1997, promoted to Vice President in 2011 and subsequently promoted to Executive Vice President in 2016.

Born and raised in Northern California, Sarah received her Bachelor of Science from California Polytechnic State University in San Luis Obispo. She also holds an Associate in Claims Designation. Sarah resides in Moorpark and has two grown children.

As Chief Financial Officer, Marc oversees the company’s day-to-day accounting and financial reporting, property debt financing, preparation of partnership tax returns, and assisting in the new acquisition identification and due diligence. While with GK, Marc has been directly instrumental in helping GK make process improvements associated with spend management, procure-to-pay, online leasing, tax preparation, and treasury management.

Prior to joining GK, Marc worked for 10 years as Corporate Controller for Reading International, Inc., where he was instrumental in acquiring numerous assets, increasing Reading’s revenues from $94 million to $250 million. Previous to Reading, Marc worked as the Director of Finance for InfoDisc USA, as the Manager of Financial Planning and Analysis for DeCrane Aircraft Company, and as an In-Charge Auditor for Grant Thornton, LLP. Marc is a retired Lieutenant Colonel in U.S. Army Reserve.

He has a Bachelor’s Degree in International Finance and a Master’s Degree in Accountancy from Brigham Young University and has been a licensed CPA since 2000. Marc lives with his wife, Tammy, in South Pasadena, and they have six children.

Kevin Cimino joined the GK team in 2015. He has more than 30 years of commercial real estate experience. He started his career as Leasing Manager for Trizec Properties before moving to Birtcher Real Estate, where he was Director of Leasing. He subsequently was Managing Director/Asset Manager at CT Realty for 8 years.

As Vice President at the Staubach Company, Kevin gained experience on the brokerage side of the business; he learned the tenants’ viewpoint while serving as West Coast Real Estate Manager for both MCI and the international executive suite company, Regus. His broad experience brings GK a unique perspective and expertise for management of our 11 million square feet commercial and industrial portfolio.

Born and raised in southern California, Kevin received his B.S. in Business Marketing from Cal State University Northridge, and his M.B.A. from Pepperdine University. He has two daughters.

Paul Dubord leads Goldrich Kest’s information technology team. He provides a key leadership role within the company. Paul is responsible for technology strategy, operations, and architecture. He has 16 years of experience in building technology teams and projects for public and private real estate companies. Paul oversees process and product design, as well as development, infrastructure, security, and technology support.

Prior to joining Goldrich Kest, Paul was Vice President of Information Technology at Invitation Homes, a Blackstone company. He has also worked as Vice President of Information Services with Verde Realty and held senior information technology positions at GE Capital and Security Capital. In each of those roles, he provided strategic oversight of the I.T. function, and led the implementation of several key business systems and processes. He specializes in project and vendor management and has successfully managed several technology implementations.

Born and raised in Alberta, Canada, Paul was in the commerce program at the University of British Columbia. He ventured south of the border and moved to the United States in 1993. Paul is married and they recently settled in West Hollywood.

Marc Krause is responsible for the day-to-day operations and management of GK Management’s multifamily division. He oversees 120 communities and almost 13,000 apartment homes throughout California.

Marc began his 20-year property management career in 1996 as an on-site Assistant Manager with the Charles E. Smith Company in Arlington, Virginia. He learned the foundations of property management from the ground up. Marc worked his way up the ranks and has been responsible for managing, developing and re-positioning apartment communities in various markets throughout the country including Virginia, Maryland, Kansas, Georgia, California and Hawaii. Prior to joining GK in 2016, Marc served in an executive leadership role as the Director of Property Management for a privately-held firm in Los Angeles. Additionally, Marc has served in several leadership roles with UDR, Douglas Emmett, and Oakwood Worldwide.

A New England native, Marc attended the University of Connecticut, where he earned his Bachelor of Arts in Political Science and Economics. Marc lives with his wife and family in L.A.’s “South Bay”. They are avid outdoor enthusiasts, often camping, hiking and skiing Southern California’s local mountains.

Leslie Hollaway oversees the Human Resources, Training and Development, and Office Services departments. She is an accomplished Human Resources executive with over twenty years’ experience in Administration and HR fields through Fortune 500 employers in the public accounting, legal, and investment banking arenas. Prior to joining GK, Leslie served as the Territorial Associate Executive Director with The Salvation Army, and as the secondary resource for management leadership among all Human Resource administrative personnel in the Western Territory. There she was responsible for leading and directing the company’s human resource programs, benefits, recruiting, and payroll administration.

Leslie earned a Bachelor of Science from Pepperdine University and a Master’s degree in Human Resources Development from Villanova University. She also attended Walden University as a Doctor of Business Administration (DBA) candidate. Leslie has been a certified Professional in Human Resources (PHR, PHR-CA, and SHRM-CP) by the Society for Human Resource Management and HR Certification Institute since 2009, and was a former member of the Item Development Panel for the certification exams. She has served on the Advisory Board at California State University, Dominguez Hills and has actively participated in numerous volunteer programs through The Salvation Army, A Place Called Home, and the Big Sisters of Greater Los Angeles.

Leslie is married and resides in the South Bay. She and her husband are avid Harley Davidson weekend enthusiasts, riding throughout the State of California, Nevada, and Southern Utah’s national parks.

Tony Mouallem is the Senior Director of Construction and Property Operations at Goldrich Kest. He is responsible for overseeing the redevelopment and capital improvement projects for all Goldrich Kest portfolio of multi-family properties. Tony manages all aspects of design, development and the entitlement processes for all upcoming ground up projects.

Throughout his 27 years of experience in construction, project management, and property operations, Tony has worked with top Real Estate Developers and Builders in Southern California such as, Standard Pacific Homes, Caruso Affiliated, Bernards and AIMCO - heading the construction and renovation of over 3,000 residential units as well as over 500,000 square feet of commercial, restaurant and retail space. His contributions and accomplishments in Real Estate Development include The Playa Vista West condominium projects, The Americana at Brand mixed-use development and Galleries Lafayette shopping center in Dubai.

Born in Beirut, Lebanon, Tony immigrated to the United States in 1985 to pursue his education in the medical field after graduating from The Lebanese University of Beirut – Faculty of Sciences. By inadvertently joining forces with Astani Enterprises in 1990, Tony developed a passion for Real Estate Development which launched his career in Construction Management.
Tony resides in Westwood with his two children and fiancé. He enjoys the outdoors, especially the mountains in Big Bear Lake where he spends many weekends with family and friends.

Chuie-Wei Yuen is General Counsel for all GK related companies. She oversees the diverse legal matters of Goldrich Kest. Chuie’s legal expertise encompasses property acquisitions, due diligence, sales, financing, leasing, contracts, entity formation and supervision of outside counsel.

Chuie began her legal career in private practice with two well-known international law firms, where she gained expertise in real estate negotiations, acquisitions and lending for 10 years. She then served as in-house counsel for a leading lending institution prior to joining GK in 1999 as Assistant General Counsel. Throughout her tenure at GK, she has supported and provided legal advice to the commercial, senior care facilities and multi-family departments.

Chuie earned her Bachelor of Arts in Economics from Stanford University and returned to the east coast to attend the University of Pennsylvania Law School, adjacent to the Main Line where she was born and raised. She has served as a Member of the Board of Directors of Asian Business League. She currently lives in the Pasadena area and enjoys camping, fishing and rock hunting with her husband and four children.

After School & Summer Community Programs

Over 21 years ago, GK was the first management company to implement Summer Community Programs for residents. We launched our free after school program to serve the children who are a vital part of our communities. Kids aged 5-12 at select GK properties can take advantage of our free afterschool program. This fun and exciting value-added option has proven to be extremely beneficial as it provides assistance with homework, hands-on science presentations, study hall, and much more. Children develop positive relationships with their peers and explore creativity in a safe, structured, well-supervised environment.

Every June, the fun begins and lasts all day with our free Summer Community Program at select GK apartment communities. We plan to expand the Summer and Afterschool Programs to more properties. Children attending summer school can participate in the activities when they return home each day. Camp activities captivate kids with different themes every week, from sports week to animal week to water fun week. Special events like field trips, water slides, and magic shows enrich kids’ lives.

Our highly trained program leaders meet regularly with the recreation director to integrate new and imaginative ideas into activities.

Senior Living

Connecting with contemporaries helps seniors gain a sense of community. Neighbors are turned into friends. We offer free Adult Recreation Programs at select Goldrich Kest properties. Often, this makes the difference between just a roof over your head and a place to call home.

Whether participating in a healthy-cooking class, a barbecue, or a potluck supper, occasions to break bread together foster the sense of community we strive for at all our properties. Arts and crafts programs, computer training sessions, and painting classes are just a few of the other opportunities residents have to enrich their lives. Just-for-fun activities include endangered animal programs, magic shows, bingo games and get-togethers for coffee-and-dessert.

Activities vary by location, and are available for adult residents of all ages. We hope you’ll feel encouraged to participate in a new hobby, rekindle an old interest, or simply relax and have fun with your neighbors.

Retirement Living & Congregate Care

Our Royale properties combine homes of distinction with the comfort and support of good friends and trained professionals. Every Royale apartment features a patio or a balcony, enabling residents to enjoy Southern California’s unique indoor/outdoor lifestyle.

Nestled in the trendy Westside of Los Angeles, Palm Court offers retirement living at its finest. Its discreet and personalized service caters to affluent residents with sophisticated tastes. Luxury amenities include live entertainment in the fireside living room, and excursions to concerts, museums, and theaters.

At Studio Royale, a fully licensed assisted care facility, we take pride in providing comfort and peace of mind to residents and their families. Studio Royale is located on the former MGM Studios back lot, where stars like Clark Gable and Judy Garland once performed their Hollywood movie magic.

Marina Living

What’s the perfect end to a day on the water? A clean, secure, and convenient place to dock your boat when the sun goes down. GK was one of the first companies to build luxury marina/apartment complexes in Marina Del Rey in the 1960s. We have over 50 years of experience delivering the amenities that discerning boat owners expect.

Our three marinas in Marina Del Rey offer slips from 20’ to 100’, all with access to power, showers, Wi-Fi, fresh water, parking, and storage, plus some of L.A.’s trendiest shops and restaurants. Sunset Aquatic Marina in Huntington Beach accommodates boats from 17’ to 95’, and features a boat yard, launch ramp, and repair shop. Newport Dunes Marina is part of a large resort with scenic biking trails, kayaking and canoeing in the Back Bay Nature Preserve, fine dining at the Back Bay Bistro and access to area tourism and shopping centers. In addition to easy ocean access, Newport Harbor’s premier resort marina also features an exclusive clubhouse, pool, spa, and fitness center in addition to the usual marina amenities. Its slips, launch ramp and dry land storage welcome boats from 22’ to 46’.

Property Portfolio

Our multifamily housing portfolio includes government-assisted and conventional properties. These properties are primarily located in the Southern California, San Francisco Bay, and San Jose areas. Mixed-use properties are primarily combinations of luxury apartments with commercial and/or retail space.

GK’s marina properties are located in the cities of Marina Del Rey, Newport Beach and Huntington Beach.

The commercial and industrial properties in our portfolio are located in 17 states with the majority in Southern California. We maintain consistently high occupancy. We have cultivated lengthy relationships with our commercial tenants, a roster that includes Fortune 500 retailers like FedEx, Lowes, Gap, and Home Depot.

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