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 struggling California Delta marina. Through discussions they began to understand the purpose they could serve; to preserve and enhance maritime artifacts and culture. A mission was crafted to provide welcoming experiences for people in properties that are on or next to water. The vision is to assemble a collection of profitable and sustainable places that bring joy to all who visit.
In mid 2018, intentions to invest in a marina pivoted to a more limited objective, on the lucky opportunity to purchase an iconic vessel, USCG registered, Forbes Island, from the builder and owner, Forbes Thor Kiddo, who was retiring at 80 from a life he enjoyed, living on his island, building many floating homes in Sausalito, California and running the Forbes Island Restaurant on Pier 39 – 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! We plan to have Forbes Island open for business in 2020.
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 focus on North America’s West Coast and Interior West regions.
To fulfill our purpose Seastar Marine is developing a unique and authentic brand with original artwork. Logo designs and other copyright works are featured on quality merchandise available in our online retail store. We also offer a curated collection of nautical treasures from our vacation properties. 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.