He had started building homes with his father in their native Iran, and when Assemi immigrated to the U.S. in 1977, he— with the backing of his family — got a bank loan to start a home-building business, with the first one built in 1987 in Madera.
Initially, success was elusive, as the recession of the early 1980s hurt the demand for new homes.
Current estimates are that Granville will build about 200 homes by the end of this year.
He is also involved heavily in commercial real estate. He owns a Gulfstream 4 private jet (N41ZA). He lives in Fresno.
The home is on the market for $3,195,000 in 2019 and is 1750 sq. ft.
The home was formerly owned by the CEO of Ross Stores, a company with a $38.48B market cap in 2019. He lives in Danville, Ca.