California Creatives

A Small Multifamily Company With Lots of Resources Sets New Standards in Southern California.

10 MIN READ
FAMILY TIES: William Gaboury may not be an official member of the Shea family, but he's worked at the company long enough to qualify for extended-family status.

FAMILY TIES: William Gaboury may not be an official member of the Shea family, but he's worked at the company long enough to qualify for extended-family status.

Shea Properties at a Glance

  • Founded: 1971
  • Headquarters: Aliso Viejo, Calif.
  • Employees: 250
  • 2004 Revenue: $160 million (Operating revenue from stabilized properties only)
  • Units owned/managed in 2004: 7,200
  • Units projected for 2005: 304
  • Geographic coverage: Western U.S.
  • Goal for 2005: To better integrate the different divisions of the company and share employee talent across the apartment and commercial sectors

Leadership Lessons

  • Age: 60
  • First Job: Naval flight officer in the U.S. Navy
  • Best advice someone gave you: Do not be afraid to try something new.
  • Favorite Quote: “If past history was all there was to the game, the richest people would be librarians.” —Warren Buffett
  • Greatest challenge: Managing people. “I was a developer my whole life. Then I turned around and said, Whoa, I am not a developer anymore—I am a people manager.'”

About the Author

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