who we are
Founded by two people with a passion for water and all of the odd and interesting things that float on it. These sailors and dreamers with complementary skills came together near the end of 2017 to explore the potential of helping a California Delta marina in need. Discussions led them to understand the purpose they could serve; to preserve and enhance maritime artifacts and culture. Around this vision they crafted a mission to provide welcoming, enjoyable experiences for people in properties that are on or next to water.
By mid 2018, the intention to invest in a marina had pivoted to a more limited objective, on the lucky opportunity to purchase an iconic USCG registered vessel, Forbes Island, from the builder and owner, Forbes Thor Kiddo, who was finally retiring at 80 from a life he enjoyed, living on his island, building many floating homes in Sausalito, CA and running his restaurant on Pier 39 near Fisherman’s Wharf.
Seastar Marine founders, Sean Faul and Eric Goodman, are awed by the mission they have had the good fortune to accept, and humbled by the responsibility to steward this vessel so the next generation can enjoy it. A small core group of investors have taken the risk to acquire a unique piece of California history, and have demonstrated a commitment to renewing the economic viability of Forbes Island. They understand the long term goal to create a network of welcoming properties that are loved, can sustain their upkeep, build value, and thus enhance the maritime culture of their communities.
2018 - 2019
Seastar Marine raised equity to complete its first acquisition and to fund startup costs. This initial equity purchased Forbes Island, an iconic vessel: a floating island with rocky shoals, docks to safely tie up to, sandy paths, and its own palm tree grove.
There’s a vintage diesel engine in its own small shed, a pilothouse with the ship’s wheel that can double as a serving station, decks for lounging, and a tiki room. The island has a captain’s stateroom, kitchen/prep area, 10 seat bar, lounge with fireplace, space for large group gatherings, two bathrooms, a wine cellar, beautiful stained glass porthole windows, and submerged portholes for underwater viewing. Plus a lighthouse. It’s simply amazing!
It was once an extravagant private residence and then a highly rated restaurant on the San Francisco waterfront. Now, we are giving it a new life in the beautiful waters of the California Delta at Holland Riverside Marina. Please shop our store to help fund the restoration work!
making it real
Seastar Marine Holding Corporation owns, maintains and leases property assets, manages subsidiary operations, consults for other businesses, and invests. Our focus is on adding value to marinas, waterfront vacation property, floating homes, houseboats, and other naval oddities as they adapt to provide new, attractive, and fun maritime uses. We invest in vessels and land with profitable commercial uses.
Seastar Marine can help you develop plans for how to host revenue-generating activities on and near water, that can sustain the upkeep of recreational properties, enhance their communities, and improve local ecology. We want to welcome more people into the joyful world of boating on North America’s West Coast.
To fulfill our purpose Seastar Marine is developing a unique and authentic brand with original artwork. We sell a curated collection of nautical treasures that are displayed at our vacation properties and our logo designs are featured on quality merchandise sold through an online retail store. We are proud to partner with many other amazing companies. Reach out if you want to do business with us!
Long-term, we seek to leverage our investment to grow a portfolio of income-producing assets with diversified risk exposures, but having similar needs for management and maintenance that fit the skills of the team we are building.
We believe in equal rights, equal opportunity, and affirmative action to create more equitable outcomes. Our culture is to work hard, play hard, do it now, choose wisely, be honest and artistically express love, inclusion, humility, respect, dignity, compassion, and joy through our work and interactions.