Kidder Mathews

What Kidder Mathews does

Kidder Mathews is a privately held, fully independent commercial real estate firm headquartered in Seattle, Washington, founded circa 1965 and now operating 19 offices across five Western U.S. states (Washington, Oregon, California, Nevada, and Arizona). The firm is the largest fully independent CRE company in the Western U.S., with 900+ professionals including 500+ brokers, 42 appraisers, and 41 property managers, holding the highest concentration of MAI-designated valuation professionals among independent West Coast firms.

The company operates four integrated service lines: Brokerage (sales, leasing, tenant and landlord representation across office, industrial, retail, multifamily, healthcare, hospitality, land, manufactured housing, seniors housing, self-storage, life science, data center, food/cold-storage, religious/educational, and net lease properties), Asset Services (property, construction, and development management of a 54M SF portfolio), Valuation Advisory Services (2,700+ appraisal assignments annually for mortgage lending, tax, litigation, and estate purposes), and Debt & Equity Finance (commercial mortgage placement positioned as more flexible than bank financing). The firm also publishes proprietary quarterly and annual market research covering major CRE sectors and Western U.S. submarkets.

Kidder Mathews generates revenue through commission-based brokerage transactions on an average $9B in annual deal volume (32.4M SF of sales and 32.5M SF of leases), recurring managed-services fees on its 54M SF asset portfolio, professional-services fees for valuation and consulting work, and debt/equity placement fees. The firm serves institutional investors and REITs (BlackRock, Prologis, TIAA, Nuveen, BentallGreenOak, DWS, BioMed Realty, Kilroy, Alexandria, Link Logistics, Panattoni), corporate occupiers (Amgen, Bristol-Myers Squibb, PACCAR, BECU), and property owners/developers through a direct, relationship-driven sales motion executed by locally-embedded brokers. The company is owned privately with no disclosed institutional or PE investors; leadership includes CEO and Chairman Bill Frame (SIOR, CCIM), with named presidents leading regional brokerage (Will Frame, Pacific Northwest; Eric Paulsen), Asset Services (Erin French), and Valuation Advisory (Randall Clemson; Peter K. Shorett, MAI, CRE, division founder since 1995).

Name

Kidder Mathews

Legal name

Kidder Mathews, Inc.

Website

https://kidder.com

Company type

Private

Founded year

1965

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Kidder Mathews is the largest fully independent commercial real estate firm in the Western U.S., operating 19 offices across five states with 900+ professionals delivering brokerage, asset services, valuation advisory, and debt & equity finance to institutional investors, REITs, property owners, and corporate occupiers.

Ownership category

akta.pro rank

Product category

Commercial Real Estate Services

NAICS

Offices of Real Estate Agents and Brokers (5312), Real Estate Property Managers (53131), Offices of Real Estate Appraisers (531320)

SIC

Real Estate Agents & Managers (For Others) (6531), Real Estate Operators (No Developers) & Lessors (6510)

akta.pro primary industry

Property Management Advisory & Leasing Administration (FSAEAJAN)

akta.pro secondary industries

Affordable Housing Property Management (BPAJAGAJ), Multifamily Brokerage (BPAJABAD)

Keywords

• Commercial real estate brokerage
• Property management services
• Real estate valuation
• Debt equity finance
• Commercial real estate advisory

Headquarters

HQ city

Seattle

HQ country

United States

HQ region

North America

Offices17 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure, Technology or R&D

Revenue model

1. Brokerage Services: Commercial real estate brokerage including sales and leasing for all property types. Revenue generated through commission-based transactions on property sales and lease transactions.
2. Asset Services: Property management, project and construction management, development management, and investor consulting. Revenue from ongoing management fees for a 54M SF portfolio.
3. Valuation Advisory: Appraisal and valuation services including MAI-designated professionals providing 2,700+ assignments annually for mortgage lending, tax, litigation, and estate purposes.
4. Debt & Equity Finance: Commercial mortgage debt placement and equity financing services, positioned as more flexible than traditional bank financing.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

Kidder Mathews is the largest fully independent commercial real estate firm in the Western U.S., providing brokerage, appraisal/valuation advisory, asset services (property management, construction and development management), consulting, and debt & equity finance services across all property types including office, industrial, retail, multifamily, healthcare, hospitality, land, manufactured housing, and seniors housing. The firm serves institutional investors, REITs, property owners, developers, and corporate tenants through 500+ brokers across 19 offices.

Product overview

Kidder Mathews is a full-service commercial real estate firm offering an integrated platform of brokerage, asset services (property management), valuation advisory, and debt & equity finance services. The firm operates specialized practice groups across all property types including office, industrial, retail, multifamily, healthcare, hospitality, land, manufactured housing, and seniors housing. The valuation advisory division provides comprehensive appraisal services including MAI designations, while the asset services division manages over 54 million square feet of commercial properties. The debt & equity division specializes in flexible commercial mortgage placement beyond traditional bank financing. Market research reports covering major CRE sectors are provided as a complementary offering. The firm has 19 offices across Washington, Oregon, California, Nevada, and Arizona with over 900 professionals.

Differentiator

Problem solved

Functional benefit

Products and services

• Brokerage Services Full-service commercial real estate brokerage for sales, leasing, tenant representation, and investment transactions across all property types including office, industrial, retail, multifamily, healthcare, hospitality, land, manufactured housing, self-storage, and net lease properties.
• Asset Services Property management, construction management, development management, building engineering, sustainability consulting, and client accounting services for a 54 million square foot commercial real estate portfolio across the Western U.S.
• Valuation Advisory Services Comprehensive real estate appraisal and valuation services delivered by MAI-designated professionals for mortgage lending, tax appeals, litigation, estate planning, cost segregation, eminent domain, and financial reporting purposes, completing 2,700+ assignments annually.
• Debt & Equity Finance Commercial mortgage debt placement and equity financing services for commercial real estate transactions, positioned as a more flexible alternative to traditional bank financing.
• Consulting Services Strategic consulting for real estate decisions, market analysis, distressed assets, and investment advisory for property owners, developers, and institutional investors.

Quantifiable outcome

• $9 billion average annual transaction volume
• +3 more outcomes

Named customers15 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Scale indicators11 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• CBRE Group: CBRE is the world's largest commercial real estate services firm, offering investment sales, leasing, valuation, and property management globally. Directly comparable as a full-service CRE platform competing for the same institutional mandates in the Western U.S., but with vastly greater scale and capital-markets firepower.
• JLL (Jones Lang LaSalle): JLL is a global real estate services and investment management firm providing brokerage, property management, valuation, and capital markets. Directly comparable to Kidder Mathews across service lines and target institutional clients, though with global reach and substantial investment management AUM that KM does not match.
• Cushman & Wakefield: Cushman & Wakefield is a top-tier global commercial real estate services firm offering brokerage, asset services, valuation, and advisory. Competes head-to-head with KM on large Western U.S. investment sales and office/industrial leasing mandates for institutional owners.
• Colliers International: Colliers is a leading diversified professional services and investment management company focused on commercial real estate. Closely mirrors KM's integrated brokerage, valuation, and asset services model and competes for similar mid- and large-cap institutional mandates across the Western U.S.
• Newmark Group: Newmark provides commercial real estate services including leasing, investment sales, valuation, and mortgage brokerage. Comparable to KM in the Western U.S. office and capital markets space, especially through its recent expansions in multifamily and capital markets.

Direct peers

• Marcus & Millichap: Marcus & Millichap is a leading national CRE investment sales broker specializing in multifamily, retail, office, and net lease assets. Directly competes with KM's investment sales specialty on the same institutional and private investor mandates in the Western U.S.
• Avison Young: Avison Young is a privately held, principal-owned global commercial real estate services firm. Closest peer to KM in terms of independent ownership model and integrated brokerage, property management, and valuation offerings, with overlapping Western U.S. presence.
• Lee & Associates: Lee & Associates is a privately held, mid-sized commercial real estate brokerage firm operating through principal-owned offices. Directly comparable to KM as an independent alternative to the global brands, competing for office, industrial, and retail mandates across the Western U.S.

Emerging players

• Eastdil Secured: Eastdil Secured is a leading global real estate investment banking firm focused on capital markets and large investment sales. Comparable to KM's debt & equity finance and institutional investment sales practices for the largest Western U.S. deals.

Others

• NAI Global: NAI Global is a leading global commercial real estate brokerage network with member firms handling sales, leasing, and management. Provides an alternative platform for KM-sized regional firms and competes tangentially for mid-market CRE mandates in the Western U.S.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/kiddermathews
• LinkedInlinkedin.com/company/kidder-mathews

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles15 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Kidder Mathews