ABOUT

NORTHLAKE CAPITAL

Northlake Capital and Development is a real estate development, and management firm based in Seattle, WA, dedicated to the creation of multiple opportunities. Through the purchase of apartment buildings, fixer homes, land, and commercial assets, we can deploy capital towards these value-add opportunities. Our focus and expertise is on developing risk-adjusted solutions, for both quick and long term portfolio strategies. With over 25+ years of experience at the helm, Northlake continually strives to positively impact the neighborhoods it operates in. 

OUR STORY

Starting with just a pick-up truck in the early 90's, owner and founder Jim began buying and fixing up houses. Beginning with a 1,000 SF single family house, Jim combined his background in architecture and design, with his blue-collar upbringing to start the restoration process. From finding the property, to performing the renovations, to then selling the house himself, Jim became well versed in all phases of the renovation process. Fast forward to today and Northlake has over 20 employees working on $100 Million worth of assets across the Puget Sound Region. In those 25 years, he has seen the Seattle real estate landscape change drastically. 

Image by oakie
 

PRESS

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Jan 31st, 2020

ALKI VIEW SITE SELLS FOR $18m

In three sales between the same buyer and seller, four neighboring apartment buildings on Alki have traded for $18.4 million. 

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November 14, 2019

U-DISTRICT APARTMENTS

 Northlake owns the neighbors, off the corner, which it acquired this summer for about $2.3 million. Trimark Property Group of Pacific owns the corner, aka the Husky Townhomes, which it acquired in 2012 for $756,000.

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November 1, 2019

LAURELHURST BUILDING 

Laurelhurst building sells for $7.6M. A commercial building at 3803 N.E. 45th St. has sold for $7.6 million, according to King County records.

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May 16, 2019

181 APARTMENTS

Northlake Capital & Development, using an LLC, has submitted an early plan to redevelop five parcels extending southeast from 1723 N.W. Market St., in central Ballard.