First Point Partners has a proven track record in value-add investing ranging from
workforce to high end rental housing. The team drives investment returns by
focusing on resident satisfaction and quality of life.
First Point Partners is a real estate investment platform focused on acquiring and managing multifamily assets in the Pacific Northwest. First Point typically pursues a value-add strategy on all projects with a long-term investment horizon, focusing on capital preservation and asset value appreciation.
First Point currently retains a portfolio of 6 multifamily communities in the Seattle-Tacoma metro area and its principals have been directly involved in the acquisition of over 3,000 units. The team places significant value on long-term relationships with its partners, created by an emphasis on integrity, trust, and transparency.
Will is responsible for driving First Point's strategic direction and partnerships along with capital markets, risk management, legal, and tax functions...
Ryan is responsible for all asset management activities at First Point, in addition to being a co-founder of affiliated Starboard Real Estate, ...
Connor is responsible for spearheading acquisitions in addition to fundraising and capital markets. He collaborates closely with major vendors...
Tacoma, WA
Units: 76
NOI Growth at Stabilization: 60%
Cap Ex per Unit: $25,000
Lakewood, WA
Units: 144
NOI Growth at Stabilization: 75%
Cap Ex per Unit: $15,000
Bremerton, WA
Units: 47
NOI Growth at Stabilization: 50%
Cap Ex per Unit: $10,000
Tacoma, WA
Units: 17
NOI Growth at Stabilization: 55%
Cap Ex per Unit: $6,000
Port Orchard, WA
Units: 24
NOI Growth at Stabilization: 60%
Cap Ex per Unit: $25,000
Bonney Lake, WA
Units: 18
In Progress
Tacoma, WA
Units: 7
NOI Growth at Stabilization: 40%
Cap Ex per Unit: $12,000
