Call us! 123-456-7890
We disagree with the
GET RICH QUICK
philosophy
Our overall objective is to create generational wealth through steady, long term real estate ownership & equity
UNION
STREET
CAPITAL
WHO WE ARE
WE ARE PICKY
Union Street Capital is an investment platform for individual investors to participate in the ownership of Apartment Properties within the Greater Puget Sound region. We review and underwrite hundreds of potential opportunities for every transaction that we purchase. We are picky.
WE ARE EXPERIENCED
Union Street Capital pursues sound investment opportunities in established markets, allowing us and our strategic investors to take advantage of the benefits of real estate ownership while limiting the downside. We leverage our 20+ years of experience to target properties performing at or above the market, with the potential to increase revenues or decrease operating expenses.
RECENT
ACQUISITION
22 Units |Tacoma, Washington
Bridgeview Flats was an off-market purchase in a tertiary market that we are very bullish on, with a tenant population seeing steady, annual growth.
We were able to acquire the asset below the appraised value, and have a strategic plan in place to gradually increase revenue through ownership/management efficiencies, and cosmetic upgrades to the unit interiors.
Leveraging our relationship with local lenders, we were able to put attractive long term debt on the property, ensuring a positive return from the onset.
Bridgeview Flats is a long term investment for us and our partner investors.
Pacific Terrace Apartments
Re-named & Re-branded
BRIDGEVIEW FLATS
RECENT
ACQUISITION
24 Units | Puyallup, Washington
We recently purchased Canyon Creek Apartments for 25% below appraised value. We retained favorable bank debt and pre-funded a rehab budget to remodel unit interiors.
Puyallup is a tertiary market approximately 10 miles Southeast of Tacoma, and 35 miles south of Seattle. Canyon Creek was built in 1992 and is comprised of 24 residential units, all of which are 3 bedrooms and 1.5 bathrooms and have attached garages.
The Puyallup sub-market, located in Pierce County, has seen steady growth over the past decade, and we believe that it will continue to grow as rents in larger surrounding markets become more expensive. We are in the process of completing several unit remodels and bringing rents up to the market.
Canyon Creek is a long term investment for us and our partner investors.
To learn about future opportunities, please reach out to pat@unionstreetcap.com
Fully Subscribed
Canyon Creek Apartments
People can’t fathom the fact that I’ve never had a cup of coffee. Which makes me think that coffee is probably terrific, and I should start drinking it.
Paris, Tokyo and San Sebastian are my favorite cities, hands down. I love to spend an entire day walking, eating and drinking my way through these cities. But regardless of where we travel, I always love the feeling of landing back in Seattle.
Cooking for Family and Friends is my favorite pastime. The reward of feeding people close to you is something that cannot be compared to anything else, in my opinion.
Tossing the football around with my wife and kids while tailgating at the Rose Bowl in 2019 (Go Dawgs!) is a moment in time that I’ll never forget. I’ve conveniently forgotten about the outcome of that game, however.
We have a son called Kai, a dog called Maui and a case of Spam in our house at all times. Needless to say, the Hawaiian Islands hold a special place in my family’s heart.
If I had to choose between red wine and white wine, I would choose both.
I have never taken a selfie because my arms are too short.
As soon as I finish a meal, I immediately start thinking about what I’m going to eat for my next meal.
LEADERSHIP
Pat has 22 years of experience in Commercial Real Estate, solely focusing on Apartment Properties for the past 15 years. Pat is also Managing Partner of Urban Commercial Partners and has been directly involved in the Purchase and Sale of over $500 Million of real estate.
University of Washington
Michael G. Foster School of Business
Board of Directors
Seattle Central Little League
BOARD OF ADVISORS
Our Board of Advisors participates in reviewing & approving Investment Opportunities. Their overall directive is to scrutinize each opportunity in order to better protect the investment capital of our investors and partners.
NICK GLANT
President, NWG Real Estate & Founding Broker of Compass Seattle
KENT WEIRICH, CPA
Chief Operating Officer,
E-Commerce / Software Industry
MIKE SUAREZ, CPA
Managing Director,
iMatch
JACK DAVIS, JD / CPA
Managing Partner, Prospector Property Management
INVEST WITH US
WE TARGET between 2 and 6 individual investors per property, allowing us to be nimble and better align the philosophies and goals of our investors within each property.
$50,000 to $5,000,000 investment size per individual investor.
To learn about upcoming investment opportunities contact
AS THE GENERAL PARTNER we invest our own capital into each property that we purchase, thus aligning our investment goals with our partners.
FREQUENTLY ASKED QUESTIONS
CONTACT US
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TWO UNION SQUARE
601 Union Street #425 Seattle, WA 98101