Business Details
Trusted Real Estate Investment Solutions
Goodman Real Estate is a leading investment company specializing in multifamily and commercial real estate. Headquartered in Seattle, Washington, we maintain a diversified portfolio of assets valued at over $3.2 billion across the United States. Our vertically integrated structure enables us to deliver value through hands-on management, strategic acquisitions, and community-focused development. With over two decades of experience, our team combines market expertise and financial strength to create long-term value for stakeholders.Our disciplined approach targets middle-market assets, leveraging creative deal structuring and value-added repositioning. We are committed to fostering trust, transparency, and humility in all our partnerships while actively contributing to sustainable community development.
Services
Real Estate Investment
Property Management
Development
Acquisitions
Asset Management
Highlights and features
- Over 25 years of experience in multifamily and commercial real estate investment.
- Vertically integrated structure enables hands-on asset management and value creation.
- Targeted focus on middle-market assets between $25M to $250M.
- Proven track record in value-added repositioning and creative deal structuring.
- Commitment to sustainable community development and long-term partnerships.
Services
Real Estate Investment
Goodman Real Estate strategically acquires multifamily and commercial properties across North America. Focusing on middle-market assets priced between $25M and $250M, we identify opportunities with value creation potential. Our approach targets creative special situations, value-added repositioning, and core properties, leveraging 25+ years of market expertise to deliver sustainable returns.
Property Management
Our vertically integrated structure enables hands-on property management for nearly 100 apartment communities nationwide. With a portfolio serving 28,000+ residents, we prioritize operational efficiency, resident satisfaction, and long-term value preservation through tailored management strategies and direct stakeholder engagement.
Development
We specialize in development projects that combine market insight with community needs. Our creative solutions address complex housing dynamics through initiatives like Canvas, Muse, and NW Work Lofts. By transforming underutilized assets, we deliver innovative residential and commercial spaces that enhance urban environments and generate lasting economic value.
Acquisitions
Our acquisition strategy focuses on disciplined deal structuring and rapid execution. With $3.2B in assets, we prioritize creative transactions where capital constraints or market conditions limit others. Our 350+ completed deals demonstrate expertise in identifying undervalued opportunities and implementing value-enhancement plans.
Community Impact
Through IMPACT, our corporate social responsibility program, we address shelter, education, and sustainability needs. Partnerships with organizations like Ballard Boys & Girls Club and Northwest Harvest demonstrate our commitment to equitable community development. This initiative integrates core values of trust and humility into every investment decision.
People
John Goodman
Chairman
Founder with 40+ years in real estate, managing 350+ buildings and 40,000+ apartment units. Honored with the Washington Multifamily Housing Association Lifetime Achievement Award in 2013, he established the Goodman Foundation to support children's causes.
George Petrie
Chief Executive Officer
CEO with 35+ years of experience overseeing 350+ global real estate transactions. Advocates for housing policy reform and leads IMPACT initiatives focused on shelter and community development through nonprofit partnerships.
Kelli Jo Norris
President
President driving organizational integration since 1996. Recognized as a Top 50 Women Leader in Washington, she focuses on strategic growth and leadership development across all real estate operations.
Don Fosseen
Chief Investment Officer
CIO with 35+ years in real estate, managing $2B+ in acquisitions. Former CBRE executive known for institutional relationships and equity partner collaborations, contributing to over 350 transactions.
Fred Eastman
Chief Financial Officer
CFO overseeing financial reporting and strategic planning. Previously with Ernst & Young, he brings deep real estate accounting expertise and CPA credentials to manage complex organizational finances.
Questions
What real estate markets does Goodman Real Estate target?
We focus on multifamily and commercial properties across North America, with strategic emphasis on middle-market assets between $25M and $250M.
How does Goodman Real Estate create property value?
We implement creative deal structuring, value-added repositioning, and core property investments to maximize long-term returns through redevelopments and operational optimizations.
What community initiatives does Goodman support?
Our IMPACT program addresses shelter, education, and sustainability needs through partnerships with local nonprofits like Ballard Boys & Girls Club and Northwest Harvest.
What makes Goodman's approach unique?
Our vertically integrated structure combines acquisition expertise, hands-on management, and long-term strategic planning to create value across the real estate lifecycle.
Does Goodman Real Estate offer career opportunities?
Yes, we actively seek professionals in real estate investment, property management, and development. Visit our careers page for current openings.
Reviews (5)
Chris Sutphin
Jan 05, 2022
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Critical:Professionalism
They don't care about there employees they just kick them out to the streets I can't believe it so sad an no heart makes me sick
They don't care about there employees they just kick them out to the streets I can't believe it so sad an no heart makes me sick
Ed Geiger
Aug 15, 2021
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The top local Trump donor this year is Seattleite George Petrie, CEO of Goodman Real Estate, who has given $2,800 to Trump each month this year, starting three weeks after the Jan. 6 fiasco at the Capitol. Enough said!
Patricia Shipman
May 16, 2021
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They don't care about there tenants
After I posted the review above, I tried to work with management and the GM since then. Well that was a joke after violating several landlord laws and proving they say give them a chance. Not even a week later they didn't keep there word. When call 911 and police wont come here and then frantic call staff amd GM and asked for a call. I got a email from GM saying there staff dont make mistakes but the video I took shows differently. Think twice before moving in here as its been a few days but never ever got a call. . And they dont have time to call an unset and
After I posted the review above, I tried to work with management and the GM since then. Well that was a joke after violating several landlord laws and proving they say give them a chance. Not even a week later they didn't keep there word. When call 911 and police wont come here and then frantic call staff amd GM and asked for a call. I got a email from GM saying there staff dont make mistakes but the video I took shows differently. Think twice before moving in here as its been a few days but never ever got a call. . And they dont have time to call an unset and
Roger Vogt
Jan 07, 2021
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My wife and I have lived at autumn village apts for 10 years and have asked several times to get a new wash machen and fix our 2 concert steps that are louce there are 16 steps we have to go up and down every day some day those 2 are going to let go and some one will get heart. We have told Glen to get them fixed 2 months a go but nothing don what are we paying rent for when nothing is getting done. can you please help us.
Russell Wilson
Sep 04, 2020
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Hire good managers then keep them. Im tired of new property managers.
Update: went from 2 stars to 1 star. Everything from the top down is very poorly managed. No communication. Does not care about their properties. Does not care about tenants. Does not follow through with commitments. Defers responsibilities to others, so nothing gets done. If youre thinking about renting from any of their properties, dont do it. I would rather get COVID than deal with this company ever again. I cannot express how much I hate this place. You shouldnt settle a place where you will live that has barely
Update: went from 2 stars to 1 star. Everything from the top down is very poorly managed. No communication. Does not care about their properties. Does not care about tenants. Does not follow through with commitments. Defers responsibilities to others, so nothing gets done. If youre thinking about renting from any of their properties, dont do it. I would rather get COVID than deal with this company ever again. I cannot express how much I hate this place. You shouldnt settle a place where you will live that has barely
