The Rush Companies
The Rush Companies is a privately held, vertically integrated Pacific Northwest real estate firm (founded 1987, Gig Harbor, WA) operating six sister divisions — Development, Capital, Commercial Construction, Residential, Properties, and Edison47 — to deliver multifamily, senior living, healthcare, and mixed-use projects for developers, investors, and operators across the Puget Sound region.
- Company typePrivate
- Founded1987
- HeadquartersGig Harbor, United States
- Headcount101–250
- GTM typeB2B
- OfferingServices
What The Rush Companies does
The Rush Companies is a privately held, vertically integrated real estate firm founded in 1987 by Gordon Rush in Gig Harbor, Washington, operating through six wholly-owned sister companies: Rush Development (in-house ground-up development from site acquisition through completion), Rush Capital (construction, permanent, and equity financing plus asset management), Rush Commercial Construction (general contracting, pre-construction, construction management, and tenant improvements), Rush Residential (residential development), Rush Properties (commercial property management, brokerage, and facility services), and Edison47 (multifamily residential property management). The firm serves developers, property owners, institutional and individual real estate investors, healthcare providers, and senior-living operators across the Puget Sound Region, with completed projects spanning multifamily (e.g., 368-unit Rook Apartments, 221-unit Paceline, 199-unit Cornus House, 162-unit Sumner Mill, 141-unit Madison25), senior living (Merrill Gardens at Wright Park, Village Concepts of Fairwood and Lake Stevens, Revel Lacey), healthcare (Cascade Eye & Skin, Carol Milgard Breast Center, Franciscan Medical Plaza, Cancer Care MOB in Puyallup), and mixed-use product lines.
The company's core technology is organizational rather than software-based: an integrated service platform that lets clients engage Rush for any combination of site acquisition, feasibility analysis, financing, construction, and long-term property management, supported by deep jurisdictional permitting expertise across multiple Washington municipalities. Rush Capital closed approximately $150MM across 18 deals in 2017 and over $125MM across 16 deals in 2018, and the firm deploys third-party LP capital via a Juniper Square-hosted investor portal alongside its own balance sheet. The GTM motion is enterprise field sales — direct business development with developers, healthcare systems, and senior-living operators, supplemented by an inbound marketing presence through a project-portfolio website, blog/news content, and email newsletter.
Revenue mechanics are project-based across multiple streams: development fees and co-developer promote, general contracting/construction management fees (typical cost-plus or GMP contracts on multifamily, senior living, medical office, and tenant improvement projects), capital placement fees on arranged debt and equity, and recurring managed-services revenue from commercial and multifamily property management. Pricing is quote-based per project and not publicly disclosed. The firm is founder-owned, employs 101-250 people, and has no disclosed institutional investors or PE backing; it was recognized as the #4 Best Workplace among large Washington companies by the Puget Sound Business Journal in 2019, won NAIOP Washington's Multifamily Residential Development of the Year for Bogtown Flats in 2019, and continues to deliver a steady project pipeline through at least 2026.
The Rush Companies firmographics
Firmographics- Name
- The Rush Companies
- Legal name
- Rush Development, Inc.
- Website
- https://therushcompanies.com
- Company type
- Private
- Founded year
- 1987
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- The Rush Companies is a privately held, vertically integrated Pacific Northwest real estate firm (founded 1987, Gig Harbor, WA) operating six sister divisions — Development, Capital, Commercial Construction, Residential, Properties, and Edison47 — to deliver multifamily, senior living, healthcare, and mixed-use projects for developers, investors, and operators across the Puget Sound region.
- Ownership category
- akta.pro rank
The Rush Companies industry classification
Industry- Product category
- Real Estate Development and Construction
- NAICS
- Offices of Other Holding Companies (551112)
- SIC
- Operative Builders (1531), Operators Of Nonresidential Buildings (6512)
- akta.pro primary industry
- Real Estate Development Asset Management (Project/Construction-to-Stabilization) (BPAJAMAL)
- akta.pro secondary industry
- Mixed-Use Property Management (BPAJAGAE)
Keywords
Where The Rush Companies is headquartered
LocationHeadquarters
- HQ city
- Gig Harbor
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
The Rush Companies business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Supply Chain, Operations, Marketing or Sales, Infrastructure
Revenue model
- Development Services: In-house development services for multifamily, commercial, and senior living projects from site acquisition through project completion.
- Commercial Construction: General contracting and construction management services for commercial, multifamily, and tenant improvement projects.
- Capital/Financing Services: Rush Capital arranges construction financing, permanent loans, and equity placement for real estate projects. Services include 10-year fixed rate construction loans, permanent financing with agencies, banks, and credit unions.
- Property Management: Commercial and multifamily property management, brokerage, and facility services through Rush Properties division.
Go-to-market motion1 record
Distribution channels2 records
Marketing channels4 records
The Rush Companies product offering
Product offeringCore offering
The Rush Companies is a vertically integrated real estate firm that develops, finances, constructs, and manages commercial, multifamily, and senior living properties across the Pacific Northwest. Operating through divisions such as Rush Development, Rush Capital, Rush Commercial Construction, Rush Residential, Rush Properties, and Edison47, the firm controls the full life cycle of an asset from site acquisition and entitlement through construction, leasing, and long-term property and asset management.
Product overview
The Rush Companies is a vertically integrated real estate and development firm operating in the Puget Sound Region, Washington. The company operates multiple divisions under one umbrella: Rush Development (in-house development from site acquisition to completion), Rush Capital (financing and asset management), Rush Commercial (construction services including pre-construction and tenant improvements), Rush Properties (commercial and multifamily property management), and Edison47 (multifamily residential management). The company specializes in multifamily residential developments, senior living communities, mixed-use projects, and commercial properties, offering clients the ability to work with Rush on financing, construction, and long-term property management under one roof.
Differentiator
Problem solved
Functional benefit
Quantifiable outcome
- Completed 4 multifamily projects in 2023 bringing 355+ units online
- +2 more outcomes
Companies that use The Rush Companies
Customer profileNamed customers7 records
Segments5 records
Ideal customer profiles3 records
The Rush Companies technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
The Rush Companies partnerships and signals
Strategic signalPartnerships
14 partnerships are on record, tiered key, core and supporting.
- Dobler Management Company (DMCI)keyRush Commercial Construction partnered with DMCI as owner and operator for Fryar Flats, a 176,185 SF mixed-use multifamily community in Sumner, WA. DMCI provided development vision and ongoing property management while Rush handled construction.
- Casey + Dechant Architects, LLCkeyServed as architect for Fryar Flats project, designing studio, one-, two-, and three-bedroom residences with contemporary Pacific Northwest design.
- Merrill GardenskeyCo-development partnership for Merrill Gardens at Wright Park, a 115-unit senior living community in Tacoma's Stadium District. Merrill Gardens manages the senior living community while Rush handles development and construction.
- Pastakia + AssociateskeyJoint development partnership for Bogtown Flats in Seattle's Greenwood neighborhood. Pastakia + Associates serves as co-developer alongside Rush Companies for this and potentially other projects.
- Village ConceptskeyPartnership with Village Concepts for senior living communities including Village Concepts of Fairwood (115-unit in Renton) and Village Concepts of Lake Stevens. Village Concepts brings senior living operational expertise to the partnership.
- Rainier Hematology Oncology (RHO)keyFourth building developed in partnership with RHO for a medical office building in Puyallup. RHO occupies space for chemotherapy, infusion, and laboratory services.
- South Sound CARE Foundation (SSCF)corePartnership with SSCF for Cancer Care Medical Office Building in Puyallup. SSCF occupies space with radiation vaults and scanning equipment for diagnostic imaging and radiation procedures.
- Helix Design GroupsupportingDesign partner for Cancer Care Medical Office Building project, providing architectural design services for the specialized medical facility.
- One TrentkeyDeveloper partner for Rook Apartments in Tacoma's Brewery District. One Trent served as developer while Rush Commercial handled construction.
- Marathon DevelopmentsupportingDevelopment partner alongside Village Concepts and Rush Companies for Fairwood Senior Living project in Renton.
- Great Expectations (Developer)keyDevelopment partner for Cornus House, an 83,500 SF affordable housing development in Tacoma's Dome District with 199 units.
- Mayer Built HomeskeyDeveloper partner for 23 Broadway Apartments in Tacoma's Stadium District. Mayer Built Homes developed while Rush Commercial provided construction services.
- Jackson Main ArchitecturesupportingArchitect for Cornus House project, designing the eight-story 199-unit transit-oriented affordable housing development.
- Weinstein A+UsupportingArchitect for 23 Broadway Apartments, designing the 53-unit apartment complex in Tacoma's Stadium District.
Scale indicators9 records
Recent moves8 records
Expansion highlights6 records
The Rush Companies competitors and assessment
Company assessmentDirect peers
- Lincoln Property Company: Diversified national real estate firm with multifamily development, construction, and third-party management services. Comparable to Rush's vertically integrated model across development, construction, and property management, though at much greater scale.
- The Wolff Company: Multifamily developer with West Coast presence focused on garden-style and mid-rise Class A apartment communities. Comparable to Rush in unit count per project (150-300 units), construction-to-management integration, and similar institutional client base.
- Trammell Crow Residential: National multifamily developer and Crow Holdings subsidiary operating across major U.S. metros including the Pacific Northwest. Comparable to Rush as a multifamily development platform with construction capabilities, though at significantly larger national scale.
- Mill Creek Residential: Multifamily developer with active PNW presence building Class A apartment communities. Comparable to Rush's multifamily focus, project scale (200-400 units), and mixed-use approach in similar Puget Sound submarkets.
- Goodman Real Estate: Seattle-area privately held real estate firm specializing in multifamily, mixed-use, and commercial development across the Pacific Northwest. Closely comparable to Rush in vertical integration across development, construction, and property management with a similar regional footprint.
- Continental Properties: Privately held multifamily developer and operator with vertical integration across development, construction, and management. Comparable business model and segment focus to Rush, including mixed-use and suburban garden-style communities.
- HNN Communities: Pacific Northwest-based multifamily developer with operations in Washington and Oregon. Closely comparable to Rush in regional focus, multifamily unit count, and mix of for-rent and affordable housing developments.
Broad incumbents
- Greystar Real Estate Partners: Global leader in multifamily development, property management, and investment management. Overlaps with Rush's Edison47 property management and multifamily development activities but operates as a much larger national/international incumbent.
- Vulcan Real Estate: Seattle-based Paul Allen-founded real estate developer with major PNW portfolio spanning office, mixed-use, multifamily, and life sciences. Comparable to Rush in Puget Sound geography and mixed-use project expertise, but with vastly larger capital base and broader scope.
Regional players
- Sabey Corporation: Seattle-based privately held real estate company focused on commercial/industrial development, data centers, and multifamily. Comparable to Rush as a long-tenured, vertically oriented PNW developer, though more weighted toward commercial and data center assets.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
The Rush Companies social profiles
Digital presenceThe Rush Companies compliance and trust
Trust signalCompliance1 record
The Rush Companies financial estimates
Financial estimateRevenue estimate
Valuation estimate
The Rush Companies leadership team
Management profileNumber of profiles
Profiles11 records
The Rush Companies subsidiaries and ownership
Company hierarchySubsidiaries6 records
The Rush Companies funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
The Rush Companies 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 The Rush Companies
What does The Rush Companies do?
The Rush Companies is a vertically integrated real estate firm that develops, finances, constructs, and manages commercial, multifamily, and senior living properties across the Pacific Northwest. Operating through divisions such as Rush Development, Rush Capital, Rush Commercial Construction, Rush Residential, Rush Properties, and Edison47, the firm controls the full life cycle of an asset from site acquisition and entitlement through construction, leasing, and long-term property and asset management.
Is The Rush Companies a public or private company?
The Rush Companies is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was The Rush Companies founded?
The Rush Companies was founded in 1987. It employs 101 to 250 people.
Where is The Rush Companies based?
The Rush Companies is headquartered in Gig Harbor, United States, in the North America region.
How does The Rush Companies make money?
Four revenue lines are on record. Development Services are the primary driver. The others are commercial Construction, capital/Financing Services and property Management.
Who are The Rush Companies's main competitors?
Direct peers on record are Lincoln Property Company, The Wolff Company, Trammell Crow Residential, Mill Creek Residential, Goodman Real Estate, Continental Properties and HNN Communities. Broad incumbents are Greystar Real Estate Partners and Vulcan Real Estate. Sabey Corporation is listed as a regional player.
Does The Rush Companies have an API?
No public API is recorded for The Rush Companies.
What industry is The Rush Companies in?
The Rush Companies's product category is Real Estate Development and Construction. Its primary akta.pro industry code is BPAJAMAL, Real Estate Development Asset Management (Project/Construction-to-Stabilization), with a secondary code of BPAJAGAE, Mixed-Use Property Management. Its NAICS code is 551112 and its SIC code is 1531.