Business Integrity. Market Knowledge. Financial Strength.
Who We Are
Goodman Real Estate is a leading real estate investment company specializing in multifamily and commercial real estate. Headquartered in Seattle, Washington, we maintain a diversified portfolio of quality investments across the United States.
With assets valued at more than $5.2 billion, this portfolio spans the spectrum of risk-adjusted investments: multi-family communities, construction and development; and structured investments.
As an owner and operator of nearly 100 apartment communities nationwide, our vertically integrated structure allows us to bring value to our industry, team members, and residents through our hands-on approach to building relationships, maintaining, and growing our teams, and serving the residents living in our communities.
GRE provides a place to call home for more than 28,000 residents nationwide. Over the next two years, GRE will deliver more than 1,100 new apartment homes to the greater Seattle and Phoenix markets.
We are also a company with deep roots in the Pacific Northwest. John 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.