Cadence Real Estate

What Cadence Real Estate does

Cadence Real Estate is a privately-held multifamily real estate investment manager founded in 2008 in Seattle, Washington, by co-founders Chris Garvin and Barrett Johnston. The firm acquires, renovates, and operates value-add multifamily properties across the Puget Sound region, targeting sub-$40M transactions that are typically outside the focus of larger institutional buyers. According to the latest portfolio page, the firm has completed 53 value-add investments with 33 realizations and has deployed $350M+ in total capitalization and $120M+ in invested equity.

The operating model is vertically integrated across four functions: investment management (acquisition sourcing, underwriting, and due diligence), construction management via the wholly-owned subsidiary Cadence Builds, property management via the wholly-owned subsidiary Peak Living, and in-house property maintenance. Cadence Builds offers unit renovations, unit additions, cosmetic upgrades, deferred maintenance, seismic retrofitting, and Built Green-certified sustainable construction services. Peak Living handles leasing, rent collection, maintenance, and resident relations across the owned portfolio. The combined platform is designed to internalize execution costs and capture operational margin that would otherwise accrue to third-party vendors.

Distribution is structured around three investor segments — Institutional Investors, Accredited Individual Investors, and Financial Advisors — each with a dedicated value proposition on the corporate website. Go-to-market is relationship-based, driven by direct outreach, scheduled consultation calls, and proprietary deal flow from a local Puget Sound network that gains the firm preferential pre-marketing access to properties. Pricing and investment minimums are not publicly disclosed and are provided upon qualified-investor request through a private placement format. The firm does not disclose AUM-style management fees, acquisition fees, or disposition fees in public materials.

Name

Cadence Real Estate

Legal name

Cadence Real Estate

Website

https://cadencere.com

Company type

Private

Founded year

2008

Operating status

Operating

Headcount range

11–50 employees

Short description

Cadence Real Estate is a Seattle-based, vertically integrated multifamily real estate investment manager that acquires and renovates value-add properties in the Puget Sound region for accredited, institutional, and advisor-sourced investors.

Ownership category

akta.pro rank

Product category

Multifamily Real Estate Investment Management

NAICS

Real Estate Property Managers (53131), Residential Property Managers (531311), Other Activities Related to Real Estate (531390)

SIC

Real Estate Dealers (For Their Own Account) (6532), Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Real Estate Investment Management (Acquisitions & Dispositions) (BPAJAMAK)

akta.pro secondary industries

Multifamily Brokerage (BPAJABAD), Real Estate Strategy & Portfolio Consulting (Corporate/Institutional) (BPAJANAB)

Keywords

• Multifamily real estate investing
• Value-add acquisitions
• Property management services
• Construction management
• Accredited investor offerings

Headquarters

HQ city

Seattle

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Real Estate Investment Management: Cadence generates revenue through acquiring and improving value-add multifamily properties, then offering investment access to accredited investors. Revenue comes from asset appreciation, rental income, and ultimately property sales. The company operates as a vertically integrated platform providing construction management through Cadence Builds and property management through Peak Living.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels2 records

Core offering

Cadence Real Estate acquires and improves value-add multifamily properties across the Puget Sound region, primarily targeting sub-institutional transactions under $40 million. It operates a vertically integrated platform with in-house construction management (Cadence Builds), property management (Peak Living), and maintenance, offering accredited investors, institutions, and financial advisors access to vetted multifamily investment opportunities with disciplined underwriting and transparent reporting.

Product overview

Cadence Real Estate operates a vertically integrated multifamily investment platform comprising four core offerings: the Cadence Real Estate Investment Platform (core product) for acquiring and managing value-add multifamily properties targeting accredited investors in the Puget Sound region; Cadence Builds (construction management subsidiary) providing renovation, addition, and sustainable construction services using Built Green methodologies; Peak Living (property management subsidiary) handling leasing, rent collection, and tenant relations; and internal Property Maintenance Services. The platform also includes dedicated solutions for Institutions, Individuals, and Financial Advisors as distinct investor segments.

Differentiator

Problem solved

Functional benefit

Brands

• Cadence Builds: Construction management division providing services for multifamily properties, including renovations, unit additions, cosmetic upgrades, deferred maintenance, and seismic retrofitting with Built Green sustainable services.
• Peak Living

Products and services

• Cadence Real Estate Investment Platform The core investment management offering that acquires and improves value-add multifamily properties across the Puget Sound region. Includes opportunity sourcing, underwriting, due diligence, closing, and ongoing asset management for accredited investors targeting strong risk-adjusted outcomes.
• Cadence Builds (Construction Management)

Quantifiable outcome

• 53 value-add investments completed with 33 realized investments generating $350MM+ total capitalization
• +1 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

Scale indicators10 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• MG Properties Group: A vertically integrated multifamily owner-operator across the Western U.S. pursuing value-add acquisitions with in-house construction and property management capabilities, with substantial Pacific Northwest exposure — direct overlap with Cadence's strategy.
• GID Investment Advisers: A private investment manager operating multiple vertically integrated multifamily strategies with in-house property management — directly comparable operating model and value-add approach across multiple U.S. markets.
• Hamilton Zanze: A private multifamily investment firm pursuing value-add acquisitions with in-house asset management and renovations — similar deal sizing and vertically driven value-creation strategy targeting middle-market multifamily, comparable to Cadence's approach.
• FPA Multifamily: A private multifamily investment sponsor concentrating on value-add acquisitions in the Western U.S. with both fund vehicles and co-invest programs, comparable in deal size, value-add methodology, and accredited-investor distribution.
• TruAmerica Multifamily: A vertically integrated multifamily investment manager focused on value-add workforce housing in the Western U.S., with in-house property management and renovation execution — overlapping with Cadence's value-add acquisition strategy and LP base.
• Weidner Apartment Homes: A vertically integrated multifamily owner-operator concentrated in the Pacific Northwest and Western U.S. operating a comparable mid-market acquisition, renovation, and in-house property management model — direct overlap with Cadence's PNW value-add playbook and investor base.

Broad incumbents

• Equity Residential: A public apartment REIT with meaningful West Coast and Seattle-metro presence — competes as a buyer in the same PNW multifamily trade area and competes for institutional investor capital against Cadence's offerings.
• AvalonBay Communities: A large public apartment REIT that has increasingly expanded into West Coast markets including the Pacific Northwest — competes for both off-market multifamily inventory and institutional LP capital with Cadence, but at significantly broader scale.
• Essex Property Trust: A public West Coast apartment REIT with deep concentration in the Puget Sound market — directly competes for institutional-quality multifamily assets in Cadence's core geography but operates as a large diversified portfolio operator rather than a value-add sponsor.

Regional players

• Mark-Taylor Companies: A vertically integrated multifamily developer, owner, and operator with strong Pacific Northwest/Western U.S. exposure running an in-house construction and property management platform — comparable operating model though weighted to development rather than value-add acquisitions.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries2 records

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 Cadence Real Estate