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Building Wealth Through Community Development
Business Plan
Westland Investors specializes in multifamily housing in the U.S. Pacific Northwest, generating revenue through property acquisition, development, and management. By focusing on community-centric developments, they address housing shortages while ensuring consistent financial returns. Their in-house property management arm, Centro Management, streamlines operations, enhancing profitability.
Competitive Advantage
With over 40 years in the industry, Westland boasts a 23% average annual ROI, reflecting their expertise in identifying profitable investments. Their commitment to sustainable development and resident satisfaction has resulted in over 100,000 happy residents, setting them apart in the real estate sector.
Traction
Westland manages over 600 units valued at $250 million, showcasing their substantial market presence. Their recent acquisition of Terra Verde Apartments in Everett, WA, exemplifies their strategic growth and value-add approach.
Why This Location
The Pacific Northwest, particularly areas like Seattle and Portland, is experiencing robust economic expansion and population growth.
Population Boom: Seattle’s population grew by 20% over the last decade.
Rental Demand: Vacancy rates remain below 3%, signaling sustained housing needs.
Economic Drivers: The region benefits from tech industry growth, job creation, and steady migration trends.
These factors make the Pacific Northwest an ideal location for multifamily real estate investments, offering stability and strong appreciation potential.
Why This Industry
The multifamily housing sector offers stable cash flow and long-term appreciation. Westland's focus on sustainable, community-driven projects aligns with current consumer preferences for environmentally conscious living spaces, enhancing investment appeal.
Team
Jerry Mason, Co-Founder: Over 40 years in multifamily property development.
Alex Audie, Partner: Directs strategy and operations; extensive energy sector background.
Erik Mattson, Partner: Specializes in investor relations and financial analysis.
Deal Terms
Valuation: $250 million in assets under management.
Funding Target: Project-specific targets available upon inquiry.
Minimum Investment: Varies by project; contact for details.
Expected ROI: Historically 23% average annual ROI.
Use of Funds:
Property acquisitions
Development and renovations
Operational expenses
Market expansion
Exit Strategy: Typically within 5-7 years through property sales or refinancing.