About Us
Welcome
Trusted and Reliable Real Estate Advisor since 2005
To sum up my job: Trusted Relationship Building. Easy to say, very hard to do. Following through on your word, proving access to reliable capital providers, an eye for fiduciary responsibility, and a track record of success all helps. However, it comes down the individual you are working with. I am an honest individual with a tenacious, almost zealous, energy for closing deals. My perception is that my clients have the most skin in the game, and I need to close it for them. Once they place their trust in me, I have to keep it alive by delivering results. This philosophy has a beautiful simplicity to it, yet like chess, very difficult to truly understand.
When You’re Ready
360 389 7988
When You’re Ready
360 389 7988
When You’re Ready
360 389 7988
When You’re Ready
360 389 7988
About Me
Derek Worchel
Since graduating in 2005 from the University of North Carolina at Chapel Hill’s Kenan-Flagler business school, I have solely focused my career in the real estate field. For over 20 years, I have learned many facets of the real estate business. It never ceases to amaze me the true breadth of the real estate industry.
After college, I started swinging a hammer by working on ground-up custom homes in Hawaii. Later during my time in Hawaii, I landed a job at CBRE as a Real Estate Manager.
At CBRE, I ran a commercial retail portfolio during the time Safeway and Target were expanding in Honolulu. My portfolio included 250mm in AUM with responsibilities ranging from budgeting, accounting, operations, vendor coordination, and lease renewals. All-in-all it was a great time.
Then by fate’s hand, I wound up in Bellingham, Washington in 2012. Having a penchant for ‘entrepreneurial-izing’, I decided to start my own vertically integrated real estate company encompassing flipping homes, general construction, home inspections, and commercial/residential realty.
In 2018, I sold a house to a private equity founder looking for a intermediary place between Seattle and Vancouver, BC. We began working together, which led to me branching off into commercial real estate financing. Soon thereafter, I unwound the GC and inspection business to focus on sourcing capital for real estate entrepreneurs. Today, I help commercial developers, investors, and high net-worth families source the capital they need to create their ideal real estate portfolio.
As you can see, I have touched upon many aspects of real estate, ranging from realty, finance, construction, inspection, and commercial property management. Client’s find my vast background knowledge helps solve problems, as the old adage goes, ‘knowledge is power’. I continue learning and growing in my field, and will soon have my FINRA licenses to be SEC compliant in sourcing real estate LP equity for my clients. I look forward to the journey, and the many excellent people I will meet.
Testimonials
Word From Our Clients
We represent investors and owners from across the asset spectrum. While the capital markets have reassessed their risk tolerance, we have been consistently financing deals with the below product types.
Covid was difficult to close unflagged hotels. Derek found a great life insurance company that offered a below market rate for our 24 Bedroom Hotel.
We have been developing for over a decade now, and Derek found us a great institutional lender that beat the banks for ground up construction. We delivered on time and on budget.
Derek had our best interest at heart. He worked for over 2 years on our deal. In the end, the Capital Markets and Supply Chain shifted so much that our profits were marginalized.
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Derek advised us that the best course was to sell, and not do the development. We found an off-market buyer for 1.5mm over asking price. Derek didn’t earn a commission, but he definitely earned our respect and future business.
It was a tough purchase. The client was 84 years old and not understanding to any extension, however she was selling at 2mm below appraisal, so we had to get the deal done.
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Derek drover over 9 hours to meet the lender at the site visit and stayed at the property to provide a tour within a 72 hour window. The 15mm closed within 52 minutes of our drop dead date. No doubt Derek earned his commission and my future business.
