ABOUT US
Gary Sabin established his first real estate investment company in 1977 and began acquiring commercial real estate investment properties. While the name and portfolio have changed over the past 40 years, one thing has not - our passion for investing in real estate. This has taken us all over the United States and throughout the world where we have navigated complex market conditions and invested with numerous partners globally.
We are committed to putting our relationships with our investment partners first and foremost. As we look for opportunities to continue growing our portfolio - currently focused on the Asia Pacific region - we utilize our knowledge, experience, and network to invest in high quality real estate.
OUR HISTORY
1977
Excel is Born
Gary Sabin established his first real estate company under the Excel brand, focused on the acquisition and management of commercial real estate investment properties.
1989
Excel Realty Trust
Excel consolidated several properties to create Excel Realty Trust, its first REIT.
1993-1998
Excel Realty Trust on the NYSE
Excel Realty Trust (NYSE: XEL) successfully raised $118.5 Million in an IPO and grew its portfolio to over $1.2 Billion.
1995, 1997
#1 Retail REIT in USA
Excel Realty Trust was the top performing retail REIT in the United States measured by total shareholder return in both 1995 and 1997.
1998
New Plan Excel Realty Trust
New Plan Excel Realty Trust (NYSE: NPXL) was created through a merger between Excel Realty Trust and New Plan Realty Trust in a transaction valued at $2.9 Billion, which became the largest open-air shopping center REIT in the United States at the time.
1999
Excel Legacy Corporation
The Excel team left New Plan Excel Realty Trust to manage Excel Legacy (AMEX: XLG), a spin off from Excel Realty Trust.
1999
Price Enterprises
Excel Legacy Corporation acquired majority interest in Price Enterprises (NASDAQ: PREN).
2001
Price Legacy
Excel Legacy Corporation merged with Price Enterprises to form Price Legacy (NASDAQ: PRLE) in a transaction valued at approximately $800 Million.
2003
Excel Realty Holdings
Excel Realty Holdings was formed as a private company to acquire and develop commercial real estate investment properties.
2004
Price Legacy Sale
Price Legacy was acquired by a partnership between DRA Advisors and Kimco Realty for approximately $1.2 Billion.
2006
Excel Centre
Raised Excel Partners China Fund: $125 Million and purchased the Excel Centre, a 20-floor office tower in the heart of Finance Street in Beijing, China.
2009-2015
Excel Trust
Excel Trust (NYSE: EXL) was formed in 2009 and successfully raised $210 Million in an IPO, surpassed $1 Billion by 2013, obtained investment grade ratings by Moody's, Standard & Poors, and Fitch in 2014, and was acquired by Blackstone for approximately $2 Billion in July of 2015. Blackstone rebranded this company as Shopcore (www.shopcore.com)
2016 - Present
Sabin Holdings
The Excel team left Blackstone and formed Sabin Holdings, a family office focused on global real estate.
2018 - Present
Excel Partners Fund II
Raised Excel Partners Fund II: $175 Million, focused on investing in Asia Pacific Real Estate.