Ernie Velton - Leasing and Sales Broker425-455-0500 | [email protected]
Since joining JSH Properties, Inc. in 1999, Ernie has been directly responsible for the coordination of the sale of over 40 properties totaling over $300,000,000 in sales value. He has also provides strategic portfolio consulting services for clients of JSH Properties, Inc. Ernie leads JSH Properties’ Lender Services team. Since late 2009 Ernie has teamed with senior property managers to offer receivership services for commercial real estate properties.
As of January 2014 Ernie has served as receiver on 19 projects including office, retail, multi-family, parking garages and mixed use projects. Ernie specializes in investment sales and office leasing. Significant sales assignments include the sale of the Birch Bay Square, Totem Lake Malls, the Waterview apartments in downtown Kirkland, Salmon Bay Marine Center in Ballard, Kirkland Square shopping center, Kirkland Waterfront Market, Safeway Plaza in Kennewick and Woodinville Plaza. Significant leasing assignments include 98,000 sf to Evergreen Hospital in Evergreen Plaza, the 35,000 Salmon Bay Marine Center in Ballard, 23,000 sf to Valley General Hospital in Monroe and several office tenant representation assignments.
Ernie began his career with Union Bank and subsequently worked for Seafirst Bank/Bank of America as a Vice President Senior Lending Officer in the Real Estate Industries Group. In his careers with both institutions Ernie was responsible for origination, evaluation and management of construction and permanent loans for a variety of property types. He originated over $500,000,000 of loans including over 4,000,000 sf of retail projects, over 3,000 apartment units and over 3,000,000 sf of office and industrial projects along with various other projects. In 1990 - 1991 Ernie worked in the Special Assets Division of Bank of America and managed a portfolio of loan assets through bankruptcy, foreclosure and disposition.
Prior to joining JSH Properties, Inc. Ernie served as the Chief Financial Officer of Greenfield Development a ‘Brownfield redevelopment company. Ernie graduated with an MBA from San Diego State University and holds undergraduate degrees in Finance and Economics from the University of Nevada, Las Vegas.
Ernie is located in the Redmond Office | map
7325 166th Ave NE, Suite F260 | Redmond, WA 98052
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