David Kimball embarked on his real estate journey in 1972, initially investing in apartments and land with development potential. One of his early successes was securing an option on the historic Old Miles Hotel, which he transformed into the esteemed Peery Hotel. In 1974, David founded Proctor & Kimball, which he restructured into Kimball Investment Company in 1976 following the acquisition of Proctor’s stake. As Principal Broker of Kimball Investment Company for over 45 years, David ultimately passed the torch to his nephews and son-in-law, ensuring the continuation of his enduring legacy.

With a wealth of experience spanning decades in commercial real estate, David has excelled in a diverse range of areas, including land acquisitions, lease buy-outs, land assemblage, condominium conversions, and the development and management of various property types. His extensive portfolio includes hotels, shopping centers, industrial parks, office buildings, residential subdivisions, and apartment complexes across Utah, Nevada, Texas, Idaho, Montana, and California. 

David is also renowned for his expertise in historic property renovation. In 1985, he breathed new life into the once-neglected Peery Hotel, transforming it into a prestigious boutique property. This remarkable feat earned him accolades from the Salt Lake City Arts Council and the title of “Most Miraculous Conversion” by Utah Holiday Magazine. Additionally, he renovated and managed the historic Judge Building, which remains a distinguished Class A office space in downtown Salt Lake City. 

Beyond renovations, David has developed and operated a variety of hotel franchises in Utah, including Marriott, Hilton, Hampton Inn, Holiday Inn Express, Quality Inn, Choice, Travelodge, and Best Western. His portfolio also includes independent hotels in iconic locations such as Zion National Park, Ojai, Arizona, and several properties throughout Utah, as well as a resort beach property in Oceanside, CA. Currently, David owns two hotels within the Marriott franchise and one within the Hilton franchise.