A graduate of the University of California, Santa Barbara, David Gianulias began his career with his sights set on law and real estate development. Inspired by a lifetime of summers working on construction sites in customer service and sales, David returned to his roots of Newport Beach eager to contribute to the family business of real estate development. In 1995, he created Cal Star Development.
Cal Star was created in order to capitalize on the abundance of foreclosures on the market from the early 1990s recession. Working with HUD and a non-profit church group, Cal Star Development was able to obtain properties at $.20 – $.25 on the dollar in order to create affordable housing called “The American Dream” program. Focused mainly on duplexes/four-plexes, approximately 70% of the time, they were able to select a responsible tenant currently in the property, clean up their credit and keep them in the home. The company created opportunities for first-time buyers from South Central LA to Riverside and San Bernardino Counties.
A third generation homebuilder, in 1996 David joined G Companies homebuilding division, Silver Oaks Communities adding to the more than 60,000 homes built and sold by his grandfather, Charley Hester. From 1998 to present, David’s insight into market branding, development project planning and residential sales have put Silver Oaks Communities on the map of the Southern California’s Inland Empire. Under David’s guidance, Silver Oaks Communities successfully purchased, entitled, constructed and sold thousands of homes. With a focus on product positioning and market niche, David and team annually captured an increasing share of the home-buying consumer segmentation.
Whether it’s a vibrant community, a dynamic commercial space, or a specialized restoration, Balsa Construction is here to bring your vision to life. We’d be honored to be part of your next project and welcome you into the Balsa family.
Contact us today and let’s start building something extraordinary—together.