Condo News Highlights

Stephen Aizenberg has left an indelible mark on the California and Nevada real estate markets. As a well-respected real estate developer, general contractor, and real estate broker, his career spans over 30 years and includes some of the most sought after developments on the West Coast. With an extensive financial background, his talents and drive have enabled his projects to become significant factors in the Northern California and Nevada building industries. Though his primary development/building emphasis has been single-family residential subdivisions, residential and commercial property management, apartment complex construction and development, commercial construction and property management are also familiar fields for Aizenberg.

Upon graduation from the University of the Pacific, Stockton, California in 1966 (B.A. Degree in Business and Economics), Aizenberg joined Central Valley National Bank in Oakland, California as a Management Trainee. During his six year tenure with the Bank, Aizenberg served as an Operations Officer, Loan Officer, and Mortgage Loan Officer. This early banking experience and supervisorial access into a myriad of real estate projects allowed Aizenberg to gain precious insight into numerous types of real estate development operations and nurtured a unique discipline for the development and construction of residential and commercial endeavors.

After Central Valley National Bank, Aizenberg worked as Vice President of Construction for Greater Sierra Construction (a Joint Venture with Central Valley National Bank) with primary duties supervising all facets of the company's apartment construction division. During his four-year tenure with Greater Sierra Construction, Aizenberg supervised the construction of numerous apartment complexes throughout California, Nevada (including Las Vegas and Reno), and Arizona. Upon leaving Greater Sierra Construction, Aizenberg served as the Vice President of Construction for Federal Projects, Inc., where he oversaw all phases of construction for FHA financed apartment developments in California, Nevada, Colorado, Wyoming, and Idaho.

From the Late 1970's through the mid-1980's, developing and building as Royal Construction Company and its related entities, Aizenberg was the responsible managing employee under Royal's and his own individual California General Contractor's Licenses. During this time period, Aizenberg supervised and administrated the land acquisition, construction, sale, and property management of hundreds of dwellings including halfplexes, triplexes, apartment complexes, and single-family homes. In 1987, Aizenberg formed S.B.A. Development Inc., a California Corporation and served as its President, Director, and Shareholder. From its inception, this entity was responsible for developing and constructing hundreds of single-family homes throughout Northern California while successfully riding out the dramatic downturn in the California real estate market during the early 1990's.

In response to economic trends and demographic shifts to the Southwest, in the early 90’s Aizenberg set his sights on real estate development opportunities in Nevada. In November 1992, he formed S.B.A. Development, Inc. a Nevada corporation, dba Royal Construction Company ("Royal") and obtained his Nevada General Contractor's license. In less than a decade, Aizenberg built a well-regarded, single-family residential subdivision, mid-rise, town home and commercial development entity considered a "player" in both the Las Vegas Valley and Reno/Sparks real estate communities. Royal's Nevada development activities have been prolific posting land acquisitions and sales of hundreds of acres in prestigious Las Vegas valley venues with home construction, and sale of more than 2,000 Spinnaker Homes to date. Optimistic regarding Nevada's economy, Royal owns and is continuing development of Southern Nevada properties for future residential and commercial projects.

Throughout the years, Aizenberg has mixed business with pleasure utilizing his fixed wing pilot’s license to pilot his own aircraft as he supervised project developments in various states and/or multiple counties in a region. Just as Aizenberg’s involvement in the real estate industry has grown, so to has his hobby of flying. In the early 90’s, he added a helicopter pilot license to his repertoire and continues to hone these skills as he utilizies fixed wing aircraft and helicopters for business and personal activities.
While Aizenberg has made countless contributions to the real estate industry over the past decade, he has equally benefited Southern Nevada by creating new facilities fostering personal growth of residents. Having built several private schools, including the 37,000-square-foot Centennial Academy where Aizenberg remains a founding trustee and licensee, a community center, and a senior daycare facility, Aizenberg continues doing his part to provide enrichment, individual development, tradition, and respect in Southern Nevada - cornerstones of all thriving communities.