Great Expectations

About Great Expectations

Great Expectations is a real estate operator headquartered in Boise, ID. Great Expectations operates in Portland, Oregon and Seattle, Washington. Its investment focus is on Affordable Housing, LIHTC and Micro-apartments.

Great Expectations LLC is a private, vertically integrated social purpose corporation headquartered in Seattle, Washington. Founded in 2019 by Benjamin Maritz, the firm has 7 years of operating history and maintains a specialized team of 11 to 50 employees. The enterprise concentrates its real estate strategy exclusively on the acquisition, development, and preservation of workforce and affordable housing. Its business model utilizes high-density eco-units and micro-apartments to deliver naturally occurring affordable housing across urban markets like Seattle, Tacoma, and Portland. The company's regional portfolio encompasses 21 owned properties containing 1,639 active residential units, with more than 6,150 total units managed across its platform. Its active development and preservation pipeline consists of approximately 650 additional units supported by an integrated platform that handles investment, construction oversight, and long-term property management.

Principals at Great Expectations

Recent activity at Great Expectations

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Great Expectations's project portfolio

6 projects on file · Multifamily (4), Mixed-Use (2)

Markets and themes

Markets Great Expectations operates in

• Portland, Oregon
• Seattle, Washington

Investment themes at Great Expectations

• Affordable Housing
• LIHTC
• Micro-apartments
• Multifamily - Ground-up
• Opportunity Zones
• Student Housing
• Workforce Housing

Capabilities

• Construction Management
• Economic Development
• Environmental Remediation
• Public-private partnerships
• Sustainability
• Technology-forward
• Transit-oriented development
• Urban infill

Operators similar to Great Expectations

• Mountain Pacific Opportunity Partners (MPOP)
  Emerging tierPortland, OregonSeattle, WashingtonAffordable HousingOpportunity Zones+2 more themes
• Guerrilla Development
  Emerging tierPortland, OregonMicro-apartmentsOpportunity Zones+3 more themes
• Columbia Ventures
  Emerging tierOpportunity ZonesAffordable Housing+3 more themes
• The Shelter Companies
  Emerging tierSeattle, WashingtonPortland, OregonMicro-apartmentsMultifamily - Ground-up+1 more theme
• Hacienda Community Development Corp. (Hacienda CDC)
  Emerging tierPortland, OregonAffordable HousingMultifamily - Ground-up+1 more theme
• Somerset Development Company
  Emerging tierAffordable HousingMultifamily - Ground-up+2 more themes
• Isola Communities
  Emerging tierSeattle, WashingtonMicro-apartmentsStudent Housing+1 more theme
• Edgemere Development
  Emerging tierAffordable HousingMultifamily - Ground-up+2 more themes
• Pivotal Housing Partners
  Emerging tierAffordable HousingMultifamily - Ground-up+2 more themes
• Alta Bay (UT)
  Emerging tierAffordable HousingMultifamily - Ground-up+2 more themes

Frequently asked questions about Great Expectations

What does Great Expectations do?

Great Expectations LLC is a private, vertically integrated social purpose corporation headquartered in Seattle, Washington.

Where is Great Expectations based?

Great Expectations is headquartered in Boise, ID.

What markets does Great Expectations operate in?

Great Expectations is active in Portland, Oregon and Seattle, Washington.

How many employees does Great Expectations have?

Great Expectations has 2–10 employees.