Business Integrity. Market Knowledge. Financial Strength.
Who We Are
Founded in 1991 by John Goodman, Goodman Real Estate, Inc. (GRE) is a leading privately held real estate investment company specializing in multifamily and commercial real estate. Headquartered in Seattle, Washington, we maintain a diversified portfolio of quality commercial property investments across the United States and Canada.
With our managed assets valued more than $5.2 billion, this portfolio spans the spectrum of risk-adjusted investments: multi-family construction; office and retail buildings; land development; and structured investments.
We are also a company with deep roots in the Pacific Northwest. Mr. Goodman is a Seattle native and GRE’s core values of Trust, Value and Humility are reflected not only in its business partnerships, but also in its local charitable giving and commitment to local issues.
How We Work
GRE’s focus is always on the long term. Our thoughtful approach to the business makes us a user-friendly co-investment vehicle for our global real estate partners and an alternative to traditional opportunity-fund models.
While we have purchased larger assets, we focus on the middle market—assets in the $25 million to $100 million range. This allows us to maintain the institutional quality of our real estate holdings, while maximizing opportunities and flexibility for long-term investment returns.
Where We Invest
Goodman Real Estate acquires real estate properties across North America. We target a variety of investment opportunities, from conventional market-rate deals to transactions that require more creativity than the general marketplace can offer.
Before acquiring a property, we diligently determine how best to create value and carefully forecast profitable investment scenarios. With that in mind, we select investments with these characteristics:
Creative
Special situations where capital constraints or the markets at large prevent an operating partner from leveraging an asset’s full potential.
Value-added
Properties with upside potential through repositioning, conversion, or redevelopment, where we can add value with our industry relationships and experience, while often preserving historic structures and maintaining a wide range of affordability.
Core property
Unique locations with attractive valuations providing above-average, sustainable yields and favorable long-term prospects that may be currently lower in value due to market conditions.
With more than 20 years in the commercial real estate business, we can structure and implement deals that close quickly and benefit all stakeholders.