Pacific Northwest Real Estate
Invest with clarity.
Local knowledge.
Long-term thinking.
Less noise.
More value.

Northstone is a Pacific Northwest multifamily and residential real estate investment and operating company built on a simple, sophisticated, and straightforward approach to every deal.

PNW
Regional Focus
Multifamily
Primary Asset Type
Partners
& Owners
Who We Serve

Simple, sophisticated,
and straightforward.

01

Simple

Clear communication at every step. No jargon, no ambiguity. Partners and owners always know exactly where they stand and why decisions are made.

02

Sophisticated

Market-informed, data-driven analysis. We identify value where others don't, translating deep regional knowledge into durable investment outcomes.

03

Straightforward

No games, no runaround. We say what we mean and follow through. Every relationship is built on honesty from day one.

Multifamily and residential
investment and asset management.

01

Multifamily Acquisitions

We acquire multifamily properties across key Pacific Northwest markets, with a focus on value-add opportunities and stable cash-flowing assets.

02

Residential Investment

Single-family and small residential holdings, buy-and-hold, value-add, and strategic repositioning across growing PNW submarkets.

03

Asset Management

we don't just acquire, we operate. Hands-on asset management ensures every property performs to its potential from day one of ownership.

04

Investor Relations

Transparent reporting, direct communication, and disciplined stewardship of capital. We treat every investor relationship as a long-term partnership.

Deep roots in the
Pacific Northwest.

Greater Seattle
Washington

The economic engine of the Pacific Northwest. We track submarkets closely for off-market multifamily opportunities across the metro and surrounding communities.

Puget Sound Region
Washington

Tacoma, Everett, Bellingham, and surrounding communities, markets with strong rental demand and compelling value relative to the urban core.

A firm built on
real experience.

Northstone Real Estate Group is a Pacific Northwest investment and operating company focused on multifamily and residential real estate. We partner with investors seeking disciplined, regionally focused exposure to one of the country's most resilient real estate markets and work directly with property owners who are ready to have an honest conversation about their options.

What sets Northstone apart isn't just what we invest in, it's how we operate. Every decision is grounded in institutional-grade analysis, transparent communication, and a long-term perspective. We don't chase deals. We build relationships, evaluate carefully, and execute with conviction.

Whether you're looking to deploy capital, explore a sale, or find a partner who understands the full lifecycle of a real estate investment, Northstone is built for that conversation.

Jonathan Mendoza
Founder & Principal

Jonathan is a Pacific Northwest-based real estate professional with nearly 20 years of experience on the investment and ownership side of the industry. He has spent his career evaluating deals, structuring capital, managing institutional-grade portfolios, and building the organizations that make real estate investments perform. With over $1 billion in assets managed and $330 million in capital structured across equity and debt, he brings a rare combination of financial depth, operational experience, and market knowledge to every engagement. Northstone is his platform built to bring that expertise directly to investors, owners, and partners in the Pacific Northwest.

20+
Years in real estate
$1B+
Portfolio managed
$330M+
Capital structured
Multi-state
Deal experience

Let's start a
conversation.

Whether you're an investor looking for multifamily exposure in the Pacific Northwest, a property owner open to a conversation about your asset, or someone who needs help with asset management, we'd like to hear from you.

No pressure, no obligation. Just a straightforward conversation about where you're at and whether there's a fit.