Corporate Summary

Based in Beverly Hills California, Probity International Corporation has extensive experience in acquiring, developing, financing, managing and leasing office, retail, industrial, hotel and residential properties throughout the United States, with an emphasis in Southern California.

The Company invests for its own account and for a select number of joint venture partners who, like Probity, desire to own real estate for long-term appreciation and cash flow. Probity specializes in developing and owning prime location properties situated in infill, urban and suburban areas throughout the United States.

Corporate Philosophy

Probity International Corporation focuses on developing and owning top-tier real estate and hotel projects that require superior design and creative solutions. Whether dealing with its tenants, customers, employees, vendors, or joint venture partners, Probity is committed to consistently adhering to the highest standards of integrity and ethics. 

The Company prides itself on its ability to offer all of the services of a large real estate company while maintaining the agility, responsiveness and attention to detail that is characteristic of a smaller organization. The corporate office is staffed with exceptionally competent and experienced individuals who are committed to providing the highest standard of service and to ensuring each project’s success.

Family History

The Zarnegin family’s patriarch, Mr. R.S. Zarnegin, began his business career at a very young age, when he first opened a consumer electronics sales and repair shop in his native Iran. By the age of 17, Mr. Zarnegin expanded his business to include ownership of several consumer electronics shops, as well as the manufacturing, importing and wholesale distribution of a multitude of consumer electronic product lines.

In the early 1940’s, Mr. Zarnegin established the family’s mining business by purchasing the rights to three mining operations in Iran. The mines, with over 2,500 employees, were in the business of exploring, extracting, processing and distributing lead, zinc, and silver ores.

The Zarnegin family’s mining companies provided free housing, food, medical care, education and other basic necessities to all of its employees and their immediate families, for over 35 years.

Until his passing, Mr. R.S. Zarnegin continued his tireless efforts in providing support and guidance to his family, as well as providing caring support to many of his favorite charitable and philanthropic causes.

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