The Seattle-area founder of one of Seattle’s most successful venture and private equity investment firms wanted to allocate a significant portion of his family office’s investment portfolio to real estate. After consultations with several national real estate investment firms, he decided they worked on a scale larger than he was looking for—and charged fees to match. So he tried someone local he’d worked with in the past: Trinity Real Estate’s Rob Larsen. Together, we began exploring our client’s goals, return targets, and risk threshold.
WHAT WE DID
Our client was initially interested in long-term holds in a custom portfolio designed for his family office—investments that required little management. After considering the available opportunities, as well as our demonstrated ability to manage risk while creating higher returns, our client decided to pursue investments with more value lift.
Our first acquisition on his behalf was Anhalt, a Tudor-style apartment building, whose performance under our management soon exceeded the family’s objectives: contributing to the community, creating long-term pride of ownership and generating attractive cash flows and value creation from redevelopment.
Since then, we’ve made two more acquisitions on our client’s behalf: a turn-of-the-century manufacturing building in the heart of Seattle’s Fremont neighborhood and an apartment building on Queen Anne Hill. In both cases, our management is helping to create strong value lift and cash flows.
We’ve also provided the family with education and mentoring, helping the family office develop its capacity for investing in and managing real estate.
“I was looking for a firm that could teach us,” our client says. “One day, we’d like to manage a significant real estate portfolio ourselves. In helping us do that, Trinity has really become the ultimate partner.”
SERVICES WE PROVIDED:
A VETERAN INVESTOR MAKES US THEIR PARTNER
A Seattle venture capitalist bet he could get national-level real estate expertise in his own back yard. Three thriving acquisitions later, we’ve proven him right.
A SEATTLE SUCCESS STORY
A hardworking local family turned a modest real estate investment into a thriving business. When skyrocketing property values dramatically increased the value of their land, they needed the right experts to help them make the right move.
FROM EYE-SORE TO FAMILY ASSET
Professional management and a little elbow grease turned an eye-sore
into a thriving community...and an outstanding investment.
MOVING FORWARD - TOGETHER
To meet its ambitious goal of building wealth for the next generation, one Seattle-area family office wanted best-in-class real estate guidance combined with a personal touch. We supplied a tailor-made portfolio strategy, systems for bringing it to life, and a ready ear on the other end of the phone.
SURVIVING THE GREAT RECESSION
Our clients inherited a mixed bag of real estate just in time for the worst economic crisis since the Depression. We helped them find their footing and navigate to safety.
THE DEFINITION OF HISTORIC RENOVATION
How to restore a Tudor gem to its former luster? Work with the city and the neighborhood to create 39 energy-efficient apartments, resolve environmental issues, and secure historic-landmark designation.