Business Details
11 Years
experience
Your Trusted Property Management Partner in Puget Sound
Since 2015, Edison47 Property Management Property Management has redefined industry standards by combining innovative thinking with decades of collective expertise to deliver exceptional results for clients and residents. Our team of seasoned professionals specializes in navigating complex real estate challenges through tailored strategies, including market research, capital improvements, and development consulting. By prioritizing transparency, resourcefulness, and ethical practices, we have cultivated a reputation for transforming properties into high-performing assets.Our commitment to technological advancement, resident satisfaction, and operational efficiency is reflected in our 98% portfolio-wide occupancy rate and successful management of 3,860 units across 30 properties. As a boutique firm rooted in the South Sound market of Washington, we leverage strategic partnerships and localized insights to create value-driven solutions for real estate investors. Our forward-thinking approach ensures clients benefit from both established best practices and emerging opportunities in property management.
Services
Property Management
Market Research
Capital Improvements
Development Consulting
Marketing Branding
Details
- Year established: 2015
Highlights and features
- We bring 40+ combined years of multifamily property management expertise across Washington State
- Our team holds leadership certifications in property management and accounting systems
- We implement customized technology solutions for operational efficiency and resident satisfaction
- We maintain a 98% portfolio-wide occupancy rate through strategic market positioning
- Our integrated approach combines property management with development consulting services
Services
Property Management
Our comprehensive property management services optimize multifamily asset performance through strategic operations, financial planning, and resident relations. Experienced team members handle site-level execution while leveraging centralized resources for maximum efficiency. We implement data-driven maintenance protocols that reduce long-term costs while maintaining property appeal and resident satisfaction.
Market Research
Data-driven market research informs our strategic recommendations for property positioning and competitive advantage. We conduct demographic studies, competitor benchmarking, and amenity desirability assessments to identify growth opportunities. Our analysis combines CoStar listings with on-the-ground insights to develop tailored marketing strategies that maximize occupancy rates.
Capital Improvements
Capital improvement services focus on enhancing property value through targeted renovations and modernization projects. Our team provides full proposal development, contractor vetting, and before/after photography documentation. We specialize in creating cost-effective improvement plans that align with ownership goals while maintaining operational continuity during construction phases.
Development Consulting
Development consulting services guide investors through pre-construction planning and asset positioning. We provide unit mix recommendations, finish selection guidance, and low-voltage systems analysis to optimize market readiness. Our expertise in proforma development ensures realistic financial projections that support successful project execution.
Marketing Branding
Creative marketing strategies differentiate our clients' properties through unique brand identities and digital presence. Services include social media consulting, matterport virtual tours, and signage audits that enhance property appeal. Our team develops targeted creative briefs and landing pages that convert prospect interest into lease signings.
People
Todd Vasko
Director of Property Management
With 31 years of multifamily operations experience, Todd specializes in portfolio financial analysis and team development. He oversees 20,000 residential units across 300 communities, emphasizing ethical business practices and innovative technology implementation.
Jered Lerum
Director of Business Development
Bringing 15 years of multifamily development experience, Jered focuses on tech initiatives and asset development. He consults on amenity design and property access systems, drawing on Pacific Northwest lease-up and repositioning expertise.
Tom Dodson Sr.
Portfolio Manager
With 18+ years in multifamily operations, Tom specializes in property stabilization and NOI growth. He manages 1,850 apartment homes across 11 states, emphasizing financial responsibility and cost control strategies.
Jacky Nelson
Portfolio Manager
Over two decades of management experience includes handling 672 Class A multifamily units. Jacky focuses on lease-up strategies and investor communication, leveraging expertise in property-specific market positioning.
LeAnne Sloan
Director of Accounting
14 years of accounting experience includes financial process optimization and team leadership. She specializes in property accounting systems, focusing on accuracy and operational efficiency improvements across managed portfolios.
Questions
What property types do you manage?
We specialize in multifamily and mixed-use developments across Washington's Puget Sound region.
How do you maintain high occupancy rates?
Through strategic market research, technology-driven marketing, and resident satisfaction programs that achieve 98% portfolio occupancy.
What sets you apart from competitors?
Our integrated approach combines property management with development expertise and boutique-style personalized service.
Do you handle property renovations?
Yes, we provide comprehensive capital improvement services including planning, contractor vetting, and project execution.
How do you handle investor reporting?
We use advanced financial systems for transparent reporting and regular communication about property performance metrics.
Can you manage properties outside Washington?
While our focus is Puget Sound, our team has experience managing properties across multiple states through strategic partnerships.
Reviews (5)
Carolyn Tilford
Dec 15, 2021
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Positive:Professionalism,Responsiveness,Value
Thank you to all the staff, volunteers, and past and present residents. Have lived here for almost 5 years and truly appreciate Bridgette, Lyndy, Michelle, Guadaloupe, George, Vicki, Randy, Mike, and Michael. Happy New Year.
Thank you to all the staff, volunteers, and past and present residents. Have lived here for almost 5 years and truly appreciate Bridgette, Lyndy, Michelle, Guadaloupe, George, Vicki, Randy, Mike, and Michael. Happy New Year.
Justin Esquivel
Jul 02, 2021
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I live at Narrows ridge and this is the worst place to live! Dont ever live here. My upstairs neighbor is psychotic and will attempt to break into my apartment, throw glass bottles near my bedroom window and has had numerous episodes like throwing her belongings off her second story porch and slamming doors consistently. She will blast music all night and although the authorities have been contacted numerous times about her, narrows ridge and Edison47 have not done anything to evict her. She is a threat to everyone that lives here and management doesnt care. Edison47 is completely unprofessional
Tom B.
Jun 10, 2021
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They switched the billing for my last month to a new billing system that I already have an account with so it tries to log into the old account with my email I used. Haven't been able to contact the new payment company despite calling during business hours and if I called the complex they would say its not their problem like they always did.
Speed Raycer
Aug 13, 2020
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Do not pay any attention to the good reviews for this con of a company. The employees leave reviews so they look better but do not be fooled. You will regret moving into any of their properties, they do not maintain their properties besides the occasional leaf blower and grass trim. They don't care if animals live inside your ceiling as you can hear them crawling around in the walls. They don't care if you or your kids get crushed by the trees they don't maintain. They charge way more than what their places are even worth and are very much so full of themselves like a yuppy upper class that's better
Danny Thorp Ii Danny Thorp
Sep 16, 2019
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Some of the 5 star reviews are employees, which is unacceptable and unprofessional. This company has no structure and no accountability. They encouraged thier employees to lie and manipulate residents and prospective residents in order to gain more money. The employees are told that if they rent an apartment above what the actual apartment is worth they will get the difference between the rental rate and the actual rate as a bonus. This is not a normal tactic used by companies, as they generally just offer a flat bonus based on the home you rent. The office staff at most of Edison's buildings
