What Jacobsen Development Group does

Jacobsen Development Group is a privately held real estate firm founded in 2002 and headquartered in Lake Oswego, Oregon, in the Portland metropolitan area. The company operates across three integrated service lines: Property Management, Residential Sales, and Property Development, serving property owners, real estate investors, residents, and prospective home buyers and sellers in the Pacific Northwest market. Leadership includes CEO Eric Jacobsen, Asset Manager Eugenia Kelly, and Development Manager Dan Muresan, who also serves as President of the affiliated JF Construction entity.

The firm's property management operations run on AppFolio, providing dedicated Owner and Resident Portals with companion mobile applications on iOS and Android. These portals support the standard operational workflows of a small-to-mid property management practice, including owner reporting, rent collection, maintenance request submission, and document sharing between owners, residents, and management staff. The technology stack is commodity SaaS rather than proprietary, and there is no indication of in-house engineering or AI/ML capability.

The business model combines recurring fee income from managed units, commission-based revenue from residential brokerage transactions, and episodic project economics from in-house development activity. Notable named projects include Wheelhouse Lofts 1 & 2, Overlook 2730, The Village Offices, and Ella PDX, all located in the Pacific Northwest. The firm is small (11-50 employees), privately held with no disclosed outside funding, and concentrates its operations within a single regional market rather than pursuing broader geographic expansion.

Name

Jacobsen Development Group

Legal name

Jacobsen Real Estate Group

Website

https://jacobsengroup.com

Company type

Private

Founded year

2002

Operating status

Operating

Headcount range

11–50 employees

Short description

Jacobsen Development Group is a Pacific Northwest real estate firm providing property management, residential sales, and development services across Oregon, founded in 2002 and headquartered in Lake Oswego with 11-50 employees.

Ownership category

akta.pro rank

Product category

Real Estate Services

NAICS

Residential Property Managers (531311), New Housing For-Sale Builders (236117), Offices of Real Estate Agents and Brokers (5312)

SIC

Real Estate Agents & Managers (For Others) (6531), General Bldg Contractors - Residential Bldgs (1520), Operators Of Apartment Buildings (6513)

akta.pro primary industry

Single-Family Rental (SFR) Property Management (BPAJAFAB)

akta.pro secondary industries

Residential Design-Build & Renovation-Integrated Builders (IMAFABAE), Buyer Representation Services (BPAJAAAJ), Seller Representation & Listing Services (BPAJAAAK), Residential Investment Property Brokerage (SFR/Small Multifamily) (BPAJAAAE)

Keywords

• Property management services
• Residential real estate sales
• Real estate development
• Asset management
• Construction management

Headquarters

HQ city

Lake Oswego

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure, Others

Revenue model

1. Property Management Services: Full-service property management including marketing, tenant screening and placement, rent collection, maintenance coordination, and financial reporting. Owners receive direct deposit of rental proceeds.
2. Real Estate Sales/Brokerage: Residential real estate sales including transaction processing, asset marketing, property inspection coordination, and sales negotiations for buyers and sellers.
3. Property Development: Development of residential and commercial properties in resource-rich neighborhoods, including new development project oversight through JF Construction.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

Jacobsen Development Group delivers full-service residential property management (marketing, tenant screening, rent collection, maintenance, and financial reporting) and residential real estate brokerage/transaction services to home buyers and sellers in the Portland/West Coast market. It also undertakes residential and commercial property development, with new development project oversight handled through its partner JF Construction Company.

Product overview

Jacobsen Real Estate Group offers a unified real estate services platform comprising two core offerings: Property Management and Residential Sales. Property Management provides full-service landlord support including marketing, tenant screening, rent collection, and maintenance. Residential Sales assists buyers and sellers with transaction processing, asset marketing, and negotiations. The company also provides complementary online portals for residents (rent payment, maintenance requests) and owners (financial statements, document access), along with a property availability search tool. The portfolio includes several featured managed properties: Wheelhouse Lofts 1 & 2, Overlook 2730, The Village Offices, and Ella PDX.

Differentiator

Problem solved

Functional benefit

Products and services

• Property Management
• Residential Sales (Real Estate Brokerage)
• Property Development

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

One partnership is on record.

• JF Construction CompanycoreStrategic or Co-development PartnerJF Construction Company is led by Dan Muresan (President) who also serves as Facility Implant Director for Seasons Living and Development Manager at Jacobsen Real Estate Group. JF Construction handles oversight of all new development projects, new construction projects, vendor selections, contracts, project estimating, and managing contracts and budgets. Dan has 25 years of experience and 1,500 construction projects completed since 1995.

Scale indicators2 records

Recent moves4 records

Expansion highlights3 records

Direct peers

• Belong Realty: Boutique Portland real estate brokerage with adjacent property management offerings, serving buy/sell clients and small investors — comparable in scale and integrated service approach.
• Cap Management: Portland-headquartered property management and leasing firm serving residential and multifamily investors — overlapping service lines, customer profile, and Portland geography.
• Guardian Real Estate Management: Pacific Northwest residential property management firm offering full-service landlord support and owner/resident portals, comparable in service mix and target customer (small-to-mid-market investors).
• Hasson Company: Portland-based residential real estate firm combining brokerage, property management, and new construction representation — the closest like-for-like vertically integrated competitor in the same metro.
• Red Key Property Management: Portland-area full-service residential property manager serving owners/investors with tenant placement, rent collection, and maintenance — directly comparable to Jacobsen's PM arm in the same market.

Broad incumbents

• John L. Scott Real Estate: Established Pacific Northwest real estate brokerage offering residential sales and ancillary management services — broad incumbent competing for the same owner/buyer/seller pool.
• Windermere Real Estate: Large Pacific Northwest-domiciled residential brokerage with affiliated property management services — much larger incumbent but overlapping core offerings and target geography.
• Keller Williams Sunset Corridor: Portland-area Keller Williams franchise providing residential brokerage and ancillary property services — broad incumbent with overlapping residential sales focus.
• Berkshire Hathaway HomeServices NW Real Estate: National-brand-affiliated brokerage operating across the Pacific Northwest with broker, sales, and referral management services — competing for the same Portland buyer/seller pipeline at greater scale.

Others

• JF Construction Company: Strategic construction partner delivering new development and renovation build-out for Jacobsen — included as the key ecosystem vendor/enabler rather than a competing property manager or broker.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 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 Jacobsen Development Group