Timberlane Partners
Timberlane Partners is a Seattle-based real estate investment, development, and asset management firm that acquires, develops, and manages value-add multifamily properties in the Pacific Northwest and Mountain West through closed-end private funds for institutional and ultra-high-net-worth investors.
- Company typePrivate
- Founded2011
- HeadquartersSeattle, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Timberlane Partners does
Timberlane Partners is a Seattle-based real estate investment, development, and asset management firm founded in 2011 by Dave Enslow and John Chaffetz. The company focuses on value-add multifamily real estate across the Pacific Northwest and Mountain West, with an explicit geographic emphasis on Seattle, Salt Lake City, and Denver, and a secondary hospitality exposure through investments in Los Angeles-based boutique hotel operator Palisociety. Timberlane invests through closed-end private acquisition funds — the Timberlane Acquisition Fund (TAF) and Timberlane Acquisition Fund II — backed by ultra-high-net-worth investors, family offices, and registered investment adviser firms, and complements fund equity with joint venture partnerships (notably PCCP and STARS REI).
The firm executes acquisitions, development, and asset management through an integrated in-house platform spanning Asset Management, Accounting, Development, and Construction Management. Recent transaction activity includes ground-up development projects such as the 162-unit Sumner Mill in Washington and the 262-unit Opal community in West Valley City, Utah, alongside value-add acquisitions ranging from $23 million (Wonderland Creek Townhomes, Boulder) to $173 million (Jackson Apartments, Seattle — the firm's largest deal to date, executed with PCCP). With approximately $2 billion in assets under management and 46 historical investments, Timberlane generates revenue through asset management fees, acquisition and development fees, and investment returns on its own principal co-investments, while operating with a lean team of roughly 19 full-time employees across Seattle and Los Angeles offices.
Timberlane Partners firmographics
Firmographics- Name
- Timberlane Partners
- Legal name
- Timberlane Partners
- Website
- https://timberlanepartners.com
- Company type
- Private
- Founded year
- 2011
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Timberlane Partners is a Seattle-based real estate investment, development, and asset management firm that acquires, develops, and manages value-add multifamily properties in the Pacific Northwest and Mountain West through closed-end private funds for institutional and ultra-high-net-worth investors.
- Ownership category
- akta.pro rank
Timberlane Partners industry classification
Industry- Product category
- Real Estate Investment
- NAICS
- Other Activities Related to Real Estate (53139), Offices of Real Estate Agents and Brokers (5312)
- SIC
- Real Estate Dealers (For Their Own Account) (6532), Real Estate (6500)
- akta.pro primary industry
- Timberland & Forestry Properties Brokerage (BPAJADAC)
- akta.pro secondary industries
- Timberland Asset Management & Consulting (AFAMAAAI), Timberland Brokerage & Acquisition/Disposition Advisory (AFAMAKAB), Real Assets — Timberland & Forestry (FSAHAIAJ)
Keywords
Where Timberlane Partners is headquartered
LocationHeadquarters
- HQ city
- Seattle
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
Timberlane Partners business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Supply Chain
Revenue model
- Asset Management Fees: Revenue generated from managing multifamily properties and investment funds on behalf of institutional investors, family offices, and high-net-worth individuals.
- Real Estate Investment Returns: Returns generated through acquisition, improvement, and management of multifamily properties. The firm delivers strong returns across value-added multifamily acquisition and development strategies.
- Development Revenue: Revenue from ground-up multifamily development projects including the 162-unit Sumner Mill in Washington State and 262-unit development in West Valley City, Utah.
Go-to-market motion2 records
Distribution channels2 records
Marketing channels4 records
Timberlane Partners product offering
Product offeringCore offering
Timberlane Partners is a Seattle-based real estate investment, development, and asset management firm that acquires, improves, and manages multifamily properties across the West Coast and Mountain West regions, primarily Seattle, Salt Lake City, and Denver. The firm deploys capital through closed-end private acquisition funds (Timberlane Acquisition Fund and Timberlane Acquisition Fund II) backed by ultra-high-net-worth investors, family offices, and RIA firms, and also maintains a boutique hospitality portfolio through Palisociety.
Product overview
Timberlane Partners operates as a real estate investment, development, and asset management company offering a unified suite of investment products and services. The core offering includes the Timberlane Acquisition Fund (TAF) and Timberlane Acquisition Fund II, which are closed-end private real estate funds targeting multifamily assets across the West Coast and Mountain West regions. These funds support the company's primary business of acquiring, improving, and managing multifamily properties with risk profiles ranging from core plus to opportunistic returns. Additionally, the firm maintains a hospitality portfolio through its Palisociety sub-brand, which encompasses boutique hotel properties across the United States. The company integrates asset management, accounting, development, and construction management capabilities in-house for deal execution.
Differentiator
Problem solved
Functional benefit
Products and services
- Timberlane Acquisition Fund (TAF) Closed-end private real estate fund targeting institutional multifamily assets across the West Coast and Mountain West regions of the United States. The fund is available to qualified investors including ultra-high-net-worth individuals, family offices, and RIA firms.
- Timberlane Acquisition Fund II Second closed-end private acquisition fund used by Timberlane Partners for major multifamily acquisitions, structured for institutional and qualified investors.
- Multifamily Investment Services Acquisition, development, and asset management of multifamily real estate properties with a focus on value-added investments ranging from stabilized cash-flowing properties to out-of-the-ground construction, delivered on behalf of capital partners in the Pacific Northwest and Mountain West.
- Palisociety Hospitality Portfolio Boutique hotel investment portfolio operated through Palisociety, comprising properties such as Palihouse Santa Barbara, Palihouse West Hollywood, and Silver Lake Pool & Inn across multiple U.S. destinations.
Quantifiable outcome
- $2 billion in assets under management
- +2 more outcomes
Companies that use Timberlane Partners
Customer profileNamed customers3 records
Segments3 records
Ideal customer profiles2 records
Timberlane Partners technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Timberlane Partners partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered notable, core and minor.
- Vulcan Real EstatenotableSeller of multiple major properties to Timberlane including Jackson Apartments ($173M) and Stack House ($115M). Vulcan developed these properties in Seattle's South Lake Union and Central District areas.
- Rush CompaniescoreDevelopment partner for Sumner Mill project - a 162-unit apartment complex in Sumner, Washington. Rush Companies served as general contractor while Timberlane was the developer.
- The Opal (Development Project)minorTimberlane has a development project for a 262-unit multifamily community in West Valley City, Utah (The Opal), representing routine commercial real estate financing.
- PalisocietycoreLos Angeles-based boutique hotel operator. Timberlane has invested in Palisociety's growing portfolio of boutique hotels including Palihouse West Hollywood. Palisociety has recently expanded through Design Hotels partnership representing over 300 design-forward accommodations.
Scale indicators7 records
Recent moves9 records
Expansion highlights6 records
Timberlane Partners competitors and assessment
Company assessmentBroad incumbents
- Essex Property Trust: Public REIT focused on multifamily properties on the U.S. West Coast. Comparable to Timberlane in West Coast multifamily concentration, though significantly larger and as a public REIT versus Timberlane's private fund model.
- GID Investment Advisers: Private real estate investment manager operating diversified funds across multifamily and other asset classes. Comparable to Timberlane in operating private real estate funds on behalf of institutional and high-net-worth capital.
- Crow Holdings Capital: Large diversified real estate investment manager raising private capital across multifamily and other asset classes. Comparable to Timberlane in fund-based private real estate investing for institutional and high-net-worth LPs.
Direct peers
- Hamilton Zanze: San Francisco-based private real estate investment manager focused on value-add multifamily acquisitions across the Western U.S. Comparable to Timberlane in target geography (West Coast / Mountain West), fund structure, and value-add investment strategy.
- Security Properties: Seattle-based multifamily owner, operator, and investment manager with deep Pacific Northwest portfolio. Highly comparable to Timberlane Partners in geography, multifamily focus, and value-add strategy; notably, Timberlane hired Tad Johnson directly from Security Properties, reinforcing the overlap.
- TruAmerica Multifamily: National value-add multifamily investment and asset management firm that raises private capital from institutions and high-net-worth investors. Directly comparable in operating model, fund structure, and value-add multifamily strategy to Timberlane Acquisition Fund I and II.
- Weidner Apartment Homes: Privately held multifamily investment, development, and property management company operating a large Western U.S. portfolio. Comparable to Timberlane in integrated multifamily investment/management model and Western geographic footprint.
Regional players
- Vulcan Real Estate: Seattle-based real estate developer founded by Paul Allen that developed and sold Jackson Apartments ($173M) and Stack House ($115M) to Timberlane. Comparable as a Seattle-focused real estate developer, but operates as a developer/seller rather than a long-term multifamily investor like Timberlane.
Others
- Palisociety: Los Angeles-based boutique hotel operator in which Timberlane has invested, including Palihouse West Hollywood and Palihouse Santa Barbara. Comparable as a portfolio company in Timberlane's hospitality holdings rather than as a direct multifamily competitor.
- PCCP: Institutional real estate investment manager that co-invested with Timberlane on the $173M Jackson Apartments deal via TAF II. Functions as a JV capital partner and is comparable as a real estate private equity sponsor operating in the same West Coast multifamily space.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Timberlane Partners social profiles
Digital presenceTimberlane Partners financial estimates
Financial estimateRevenue estimate
Valuation estimate
Timberlane Partners leadership team
Management profileNumber of profiles
Profiles10 records
Timberlane Partners funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Timberlane Partners M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Timberlane Partners
What does Timberlane Partners do?
Timberlane Partners is a Seattle-based real estate investment, development, and asset management firm that acquires, improves, and manages multifamily properties across the West Coast and Mountain West regions, primarily Seattle, Salt Lake City, and Denver. The firm deploys capital through closed-end private acquisition funds (Timberlane Acquisition Fund and Timberlane Acquisition Fund II) backed by ultra-high-net-worth investors, family offices, and RIA firms, and also maintains a boutique hospitality portfolio through Palisociety.
Is Timberlane Partners a public or private company?
Timberlane Partners is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Timberlane Partners founded?
Timberlane Partners was founded in 2011. It employs 11 to 50 people.
Where is Timberlane Partners based?
Timberlane Partners is headquartered in Seattle, United States, in the North America region.
How does Timberlane Partners make money?
Three revenue lines are on record. Asset Management Fees are the primary driver. The others are real Estate Investment Returns and development Revenue.
Who are Timberlane Partners's main competitors?
Broad incumbents on record are Essex Property Trust, GID Investment Advisers and Crow Holdings Capital. Direct peers are Hamilton Zanze, Security Properties, TruAmerica Multifamily and Weidner Apartment Homes. Vulcan Real Estate is listed as a regional player. Others are Palisociety and PCCP.
Does Timberlane Partners have an API?
No public API is recorded for Timberlane Partners.
What industry is Timberlane Partners in?
Timberlane Partners's product category is Real Estate Investment. Its primary akta.pro industry code is BPAJADAC, Timberland & Forestry Properties Brokerage, with a secondary code of AFAMAAAI, Timberland Asset Management & Consulting. Its NAICS code is 53139 and its SIC code is 6532.