News & Press

With Othello Square, a Rainier Valley community gets some help in the battle against gentrification

06.04.2019

Heartland recently merged with Laird Norton Properties (LNP), a subsidiary of Laird Norton Company, and has been providing ongoing advisory services to LNP since 2009. In 2017, Heartland assisted in identifying, structuring and negotiating an up to $150M programmatic joint venture with Spectrum Development Solutions, a local workforce housing and student housing developer. Heartland is providing LNP with advisory services for a new development with Spectrum, a 7-story, 176-unit mixed-income development at the new Othello Square. This development will also house the Odessa Brown Children’s Clinic, a part of Seattle Children’s. Seattle Children’s will contribute $8 million of targeted philanthropic equity to the project to double the number of affordable housing units from 36 to 72.

With Othello Square, a Rainier Valley community gets some help in the battle against gentrification –Seattle Times

Children’s investment will double affordable housing in unique South Seattle development –Puget Sound Business Journal

Private Investor Purchases Former Comprehensive Mental Health Center of Tacoma for $13.4MM

05.10.2019

Heartland recently represented Comprehensive Life Resources (“CLR”), in the sale and partial lease-back of its multi-tenant office building in downtown Tacoma. Heartland has worked with CLR since 2017, advising the non-profit on its real estate portfolio strategy in support of CLR’s organizational mission and goals. Heartland also assisted CLR in negotiating tenant leases in the building and worked with CLR on the financial feasibility of an adaptive re-use of an existing office building into a residential youth facility.

Employment Opportunity: Heartland Is Hiring an Associate Project Manager or Project Manager

03.18.2019

Heartland is currently seeking candidates for a full time Associate Project Manager (“APM”) and/or full time Project Manager (“PM”).

APM Position Description

  • Conduct market, demographic, economic, and financial data collection and analysis for a wide range of real estate product types, geographies, and client types.
  • Assist in financial modeling.
  • Assist in the synthesis of this information and creation of client-facing materials, including reports, memorandums and presentations.

PM Position Description

  • Manage multi-phase projects from strategy development to implementation on behalf of a range of client types.
  • Perform a range of market, demographic, economic, and financial analysis for a wide range of real estate product types, geographies, and client types.
  • Synthesize this analysis and create client-facing materials, including reports, financial models, memorandums and presentations.
  • Contribute to business development.
  • Support internal firm functions and processes.

Application Process- Applications accepted on rolling basis; seeking candidate for immediate start.

 

 

Heartland

Employment Opportunity: Heartland Is Hiring an Asset/Portfolio Manager

03.11.2019

Heartland is currently seeking candidates for a full time Asset/Portfolio Manager. (FLSA Status: Exempt)

Position Summary- Heartland recently merged with Laird Norton Properties (“LNP”), the real estate entity of a seven generation, Seattle-based family enterprise, and took on asset management responsibilities for LNP’s office portfolio in Seattle, Denver, Portland and Salt Lake City. The Asset/Portfolio Manager is responsible for implementing strategy and overseeing the performance of the eight-asset office portfolio. The scope could evolve to include new direct investments.

The Asset/Portfolio Manager will proactively monitor and respond to shifts in the markets and within the LNP strategy in order to ensure that each property and the portfolio as a whole produces its optimal risk-adjusted return throughout is investment lifecycle, utilizing the following strategies:

  • Recognize and actively manage risks at all levels: tenant, property and portfolio.
  • Conduct rigorous financial analysis to support key activities including, leasing, capex, disposition and capital decisions.
  • Assemble and manage best-in-class property management and leasing teams.

Continually and thoughtfully update the investment thesis and business plan for each property in the context of the specific asset, the market and the LNP Portfolio.

Application Details- Applications accepted on rolling basis

 

 

Heartland

Employment Opportunity: Heartland Is Hiring a Graduate Intern

03.11.2019

Heartland is currently seeking candidates for a Graduate Intern.

Job Description- As a Graduate Intern, you will support market, demographic, economic, and financial data collection and analysis for a wide range of real estate product types, geographies, and client types.  You will work on a range of internal research projects and will assist the Project Management team on client-related work.

Application Details- Applications accepted on rolling basis; seeking candidate for beginning Summer 2019.

 

Heartland