News & Press

Housing board picks Vulcan to redevelop Yesler Terrace


Since 2008, Heartland has been engaged by the Seattle Housing Authority (“SHA”) to provide strategic planning and real estate development feasibility services related to redevelopment of Yesler Terrace into an urban, mixed-income community. At present, Heartland is advising SHA regarding the negotiations with a potential master development partner.

Source:  The Seattle Times

HEARTLAND COMPANY NEWS: Ownership Announcement


Heartland, LLC, a multi-disciplinary real estate advisory and investment firm based in Seattle since 1984, is pleased to announce that Deva Dawson, Chris Fiori, and Doug Larson have joined Jim Reinhardsen and Matt Anderson as Principals of Heartland effective January 1, 2013.

Joshua Green, Urban Renaissance form investment fund with $1 billion of potential


Joshua Green Corporation (JGC) retained Heartland, LLC as its strategic advisor. In this capacity, Heartland worked closely with both JGC and Urban Renaissance Group (URG) to develop a strong and forward-thinking business alignment. In Q3 2012, Heartland underwrote and facilitated Joshua Green’s purchase of a majority stake in URG, including a $150 million merger of JGC’s real estate equity and additional capital with URG’s proven operating platform in the western US.

Source: Daily Journal of Commerce

Bullitt family completes sale of Harbor Properties


Heartland, LLC served as a strategic advisor to Harbor Properties, a premier operator and multifamily developer in Seattle, at a pivotal moment in the company’s 80-year history.  Heartland successfully underwrote, structured and facilitated a full sale of Harbor Properties to Urban Partners and their capital partner, AREA.

Source: Daily Journal of Commerce