For nearly seven years, Arvand Sabetian, CEO and Founder of ZenStay, has been transforming underutilized office space in Santa Barbara into hotels. Through Casa Riviera and other properties, Arvand has developed a business model that brings together real estate acquisition, entitlements, construction, and hotel operations under one roof. What began with a five-unit project just before COVID has grown to nearly 100 units in operation today.
His relationship with American Riviera Bank began around a decade ago, when he was working in residential real estate. As the business expanded, Arvand needed a banking partner that understood the value of his approach to real estate development and could support the different stages of each project.
“American Riviera Bank has been super easy to work with,” says Arvand. “I also appreciate the continuity. The people I've worked with over the years are still there, and that speaks volumes about how much the bank values its relationships.”
This partnership has continued to evolve as Arvand has expanded his hospitality business. After connecting with Jason Wilson, Senior Vice President and Senior Commercial Banking Officer at ARB, they found an opportunity to build on the relationship with financing options that supported properties once they were up and running.
“Arvand has a clear vision for his business and a thoughtful approach to growth. We’re proud to support his work and value the trust he’s placed in American Riviera Bank as he continues to expand his hospitality portfolio.”
Jason Wilson, Senior Vice President and Senior Commercial Banking Officer at American Riviera Bank
For Arvand, consistency is an important part of working with a community bank. Having a team that understands his business, recognizes the results of his development model, and is willing to explore opportunities as the company grows has helped make American Riviera Bank a trusted financial partner.
Today, Casa Riviera continues to expand its portfolio by turning underused commercial spaces into places for visitors to stay. The partnership with American Riviera Bank reflects the value of a long-term banking relationship built on trust, a shared understanding of the business, and support for new opportunities.
To learn more about ZenStay, visit their website: https://zenstay.com/
To learn more about Casa Riviera, visit their website: https://casariviera.com/
If you're interested in exploring collaborative solutions for your business's future, we invite you to learn more at Commercial Banking | American Riviera Bank.
Previous: Cybersecurity Awareness Month 2026