# Rick Holliday

> Rick Holliday is a San Francisco Bay Area real estate developer and social entrepreneur with nearly 50 years of experience building affordable and market-rate housing. He co-founded Factory OS in 2017 to revolutionize multifamily housing production through factory-based modular construction, securing $77.7M in funding from Google, Autodesk, Facebook, and Citi. His career spans co-founding Eden Housing (1978), BRIDGE Housing (early 1980s), and Holliday Development (1988), where he pioneered live-work loft conversions in SoMa. Factory OS, located in a former WWII submarine shipyard on Mare Island in Vallejo, demonstrated 40% faster delivery and 20-30% cost savings over traditional construction.

- **Role:** CEO and Co-Founder at Factory OS
- **Organizations:** Factory OS, Holliday Development, BRIDGE Housing, Eden Housing
- **Nationality:** American
- **Education:** Bachelor's degree in Urban Planning Policy, UC Berkeley, Master's degree in City and Regional Planning, UC Berkeley
- **Known for:** Co-founded Eden Housing (1978), now one of California's leading affordable housing nonprofits, Co-founded BRIDGE Housing with Don Terner, one of California's largest affordable housing development firms, Pioneered East Coast-style loft conversions in San Francisco's South of Market neighborhood in the late 1980s

## Career timeline

- **1978** — Co-founded Eden Housing in Hayward, focused on affordable housing for workforce and formerly homeless Californians
- **Early 1980s** — Co-founded BRIDGE Housing with Don Terner; served as Vice President and later Board Chair; grew it into one of California's largest affordable housing developers
- **1988** — Founded Holliday Development, specializing in rehabilitating former industrial buildings into mixed-use live-work communities; pioneered East Coast-style lofts in San Francisco's South of Market (SoMa) district
- **1988-2017** — Holliday Development completed 16 residential projects across the Bay Area, creating nearly 1,000 units of market-rate and affordable mixed-use housing
- **2017** — Co-founded Factory OS with Larry Pace on Mare Island, Vallejo (former WWII submarine shipyard); first major customer was Alphabet (Google's parent company) with 300 modular apartment units
- **2019** — Factory OS raised approximately $23 million in Series A funding
- **2020** — Factory OS raised $55 million in Series B funding from Google, Autodesk, Facebook, Citi, Morgan Stanley, and Lafayette Square; had built nearly 1,000 units
- **2024** — Factory OS acquired by private-equity-backed consortium and rebranded as Harbinger Homes / Harbinger Production

## Achievements

- Co-founded Eden Housing (1978), now one of California's leading affordable housing nonprofits
- Co-founded BRIDGE Housing with Don Terner, one of California's largest affordable housing development firms
- Pioneered East Coast-style loft conversions in San Francisco's South of Market neighborhood in the late 1980s
- Built nearly 1,000 units of market-rate and affordable housing through Holliday Development
- Co-founded Factory OS, which can erect a 100-unit apartment building in less than 10 days
- Factory OS delivers housing 40% faster than conventional construction with 20-30% cost savings
- Factory OS produces units with 70% less waste than traditional on-site construction
- Secured $77.7M total funding from Google, Autodesk, Facebook, Citi, Morgan Stanley, and Lafayette Square
- Demonstrated 30% cost savings and 50% reduction in construction time on a San Francisco nonprofit project
- Saved $6 million on a Lake Tahoe affordable housing project, making it financially viable
- Alphabet (Google) placed the first major order - 300 modular apartment units

## Latest updates

- **2024-05** — Factory OS acquired by private-equity-backed consortium and rebranded as Harbinger Homes
- **2026-02** — Harbinger Production (formerly Factory OS) announced facility closure and layoff of 280 employees, citing lack of new business and loss of capital funding

## Links

- Website: https://factoryos.com
- LinkedIn: http://www.linkedin.com/in/holliday-rick
- Twitter/X: https://twitter.com/factoryos
- Facebook: https://facebook.com/Factory_OS-1941820096089980/

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Profile page: https://yespress.io/rick-holliday
Published by YesPress — https://yespress.io
Last updated: 2026-05-11