Northwest Real Estate Capital Corp

About Northwest Real Estate Capital Corp

Northwest Real Estate Capital Corp is a real estate operator. Northwest Real Estate Capital Corp operates in Boise, Idaho, Phoenix, Arizona and Portland, Oregon. Its investment focus is on Affordable Housing, LIHTC and Multifamily - Core.

Northwest Real Estate Capital Corp (NWRECC) is a 501(c)(3) nonprofit real estate firm headquartered in Boise, Idaho, founded in January 1999 by Brad A. Elg. As of recent disclosures, NWRECC operates over 5,300 affordable housing units across nine states: Alaska, Arizona, Colorado, Idaho, Montana, Nevada, Oregon, Utah, and Wyoming. The organization primarily focuses on three core real estate functions: property management, development, and rehabilitation of subsidized housing under HUD/Section 8, Rural Development, and Low-Income Housing Tax Credit programs. Up to 2025, it has preserved housing for at least 774 families via major renovation projects averaging about US$36,000 per unit (total rehab investment ≈ US$72 million). NWRECC also owns a wholly owned subsidiary, Tamarack Property Management Company, and undertakes acquisition and third-party management services to expand its portfolio. In its latest fiscal year, the organization reported revenue of approximately US$18.3 million, with total assets around US$80.6 million and liabilities near US$34.0 million.

Principals at Northwest Real Estate Capital Corp

Recent activity at Northwest Real Estate Capital Corp

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Northwest Real Estate Capital Corp's project portfolio

3 projects on file · Multifamily (3)

Markets and themes

Markets Northwest Real Estate Capital Corp operates in

• Boise, Idaho
• Phoenix, Arizona
• Portland, Oregon
• Salt Lake City, Utah
• Tucson, Arizona

Investment themes at Northwest Real Estate Capital Corp

• Affordable Housing
• LIHTC
• Multifamily - Core
• Multifamily - Ground-up

Capabilities

• Asset Management
• Construction Management
• Economic Development
• Environmental Remediation
• Public-private partnerships
• Site Development
• Sustainability

Operators similar to Northwest Real Estate Capital Corp

• Hawkins Companies
  Established tierPhoenix, ArizonaBoise, Idaho+1 more marketAffordable HousingMultifamily - Ground-up+1 more theme
• Oppidan Investment Company
  Established tierBoise, IdahoPortland, Oregon+1 more marketAffordable HousingMultifamily - Ground-up+1 more theme
• Guardian Real Estate Services LLC
  Established tierPortland, OregonPhoenix, ArizonaAffordable HousingMultifamily - Core+2 more themes
• Community Development Partners
  Established tierPortland, OregonPhoenix, ArizonaAffordable HousingMultifamily - Core+2 more themes
• Wentworth Property
  Established tierBoise, IdahoTucson, Arizona+3 more marketsMultifamily - Ground-up
• The Sports Facilities Companies
  Established tierBoise, IdahoTucson, Arizona+3 more markets
• Ballast Investments
  Established tierBoise, IdahoTucson, Arizona+3 more markets
• Barclay Group
  Established tierBoise, IdahoTucson, Arizona+1 more marketAffordable HousingMultifamily - Ground-up
• Brinshore Development
  Established tierSalt Lake City, UtahAffordable HousingMultifamily - Core+2 more themes
• Peak Capital Partners
  Established tierSalt Lake City, UtahAffordable HousingMultifamily - Ground-up+2 more themes

Frequently asked questions about Northwest Real Estate Capital Corp

What does Northwest Real Estate Capital Corp do?

Northwest Real Estate Capital Corp (NWRECC) is a 501(c)(3) nonprofit real estate firm headquartered in Boise, Idaho, founded in January 1999 by Brad A.

What markets does Northwest Real Estate Capital Corp operate in?

Northwest Real Estate Capital Corp is active in Boise, Idaho, Phoenix, Arizona, Portland, Oregon, Salt Lake City, Utah, and Tucson, Arizona.

How many employees does Northwest Real Estate Capital Corp have?

Northwest Real Estate Capital Corp has 201–500 employees.