Sabin's Legacy


We are passionate about real estate investment and targeted philanthropy. Our team has a strong track record of real estate investing across multiple product types and we will continue to utilize our knowledge, experience and network to invest in high quality real estate in the US and abroad. Through the Sabin Children’s Foundation we have helped hundreds of thousands of children and their families. We will continue to seek opportunities to relieve the distress of children around the world.

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 Established

Excel consolidated several properties to create Excel Realty Trust, its first REIT.

1993-1998 Excel Realty Trust on 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 US

Excel Realty Trust was the top performing retail REIT in the US 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 US at the time.

1999 Excel Legacy Corporation

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 acquired majority interest in Price Enterprises (NASDAQ:PREN).

2001 Price Legacy

Excel Legacy 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 rating by Moody’s, Standard & Poors, and Fitch in 2014 and was acquired by Blackstone for approximately $2 billion in July of 2015.

2016 Sabin Holdings

Excel team left Blackstone and formed Sabin Holdings, a global real estate platform.

2018 Excel Partners Fund II

Raised Excel Partners Fund II: $175 million, focused on investing in Asia Pacific Real Estate

  • 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 Established

    Excel consolidated several properties to create Excel Realty Trust, its first REIT.

  • 1993-1998 Excel Realty Trust on 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 US

    Excel Realty Trust was the top performing retail REIT in the US 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 US at the time.

  • 1999 Excel Legacy Corporation

    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 acquired majority interest in Price Enterprises (NASDAQ:PREN).

  • 2001 Price Legacy

    Excel Legacy 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 rating by Moody’s, Standard & Poors, and Fitch in 2014 and was acquired by Blackstone for approximately $2 billion in July of 2015.

  • 2016 Sabin Holdings

    Excel team left Blackstone and formed Sabin Holdings, a global real estate platform.

  • 2018 Excel Partners Fund II

    Raised Excel Partners Fund II: $175 million, focused on investing in Asia Pacific Real Estate