JB Matteson

Overview

JB Matteson is a real estate investment firm specializing in the acquisition and operation of Class A multifamily properties in major West Coast metropolitan areas. Over the past 60 years, the firm has built a portfolio exceeding $1 billion on behalf of several hundred private capital investors. Their mission is to deliver long-term, stable, and increasing cash flow through proactive asset management, conservative financing, and operational excellence. The firm's portfolio is diversified across major metropolitan areas along the West Coast, including urban mixed-use assets and suburban garden-style apartments. These markets tend to outperform others in terms of occupancy and rent growth, resulting in positive cash flow growth. The portfolio enjoys diversification by metropolitan area, employment drivers, and resident profile. JB Matteson focuses on acquiring high-quality multifamily projects in major markets in the Western United States. Their investment strategy includes Core, Core+, and Lease-Up approaches, targeting properties with transaction sizes between $30 million and $100 million, unit counts over 100, and construction years of 2000 or newer. The firm has a track record of successful acquisitions, such as the 124-unit Greenhouse Apartments in Seattle and the 86-unit Northshore Townhomes in Kenmore, Washington. The team at JB Matteson includes experienced professionals such as Dana David (Principal, President), Thomas Fischer (Principal, Director of Capital Markets), Katie Ashforth (Vice President, Business Development and Investor Relations), Sam Blake (Vice President, Investments), Jamie Blake (Vice President, Investments), John McGuire (Vice President, Asset Management), Melinda Lee (Investor Relations Manager), Jim Suarez (Controller), and Sandipa Subba (Assistant Controller).

Investment Focus

• Class A multifamily properties
• Transaction size between $30 million and $100 million
• Unit count over 100
• Construction year 2000 or newer
• Urban podium/wrap, suburban garden style, or Build-To-Rent construction types
• Core, Core+, or Lease-Up investment strategies

Portfolio Companies