Our Pacific Northwest Market

The Pacific Northwest Market region is based in Portland and includes Oregon, Northern California, and Washington State. As Gorman’s newest market, we are building on an almost 40-year legacy of providing housing and revitalizing neighborhoods. We see opportunities to bring resources to projects with community impact that provide homes, increase economic opportunity, mitigate climate change, and preserve the environment and quality of life.

Our focus is on creating innovative and sustainable partnerships, finance, design, and building. Gorman’s portfolio of nearly 12,000 units includes urban infill, mixed use, transit-oriented development, historic renovation, and rural developments. We develop housing for low-income families financed through the Low-Income Housing Tax Credit and Workforce housing through public private partnerships. We have a long track record of partnering with non-profit organizations, cities, major employers, and other institutions to meet unmet housing needs and implement public policy objectives.

Workforce Housing Example

Alta Verde Workforce
Total Development Cost: $$75,068,222

Alta Verde Workforce is the second phase of the Alta Verde Neighborhood located in the McCain subdivision of Breckenridge and is focused on housing the nearby workforce. Phase II is adding 172 residential units to the community, and includes a variety of amenities such as onsite property management, outdoor open space, a dog park, picnic areas, a fitness room, and a community room. The design includes all-electric construction, reduced thermal loads through insulation and window designs, in-unit energy recovery ventilation, high-efficiency heat pumps, low-flow water fixtures, low-power density LED lighting, Energy Star appliances and solar photovoltaic panels.

Workforce Housing Example

Lion’s Ridge Apartment Homes
Total Development Cost: $27,380,923

Lion’s Ridge Apartment Homes consists of 114 units of market-rate workforce housing. The development is deed-restricted as housing for people who work in the Town of Vail and Eagle County, Colorado. This newly-constructed development replaces a dilapidated affordable-rental property, owned by the Town of Vail. The project was made possible by critical support from the Town of Vail, who donated the land to the project after paying off the existing debt and leaving the land free and clear of any liens.

Kevin Kellogg

Pacific Northwest Market President

Meet Kevin

Kevin Kellogg recently joined Gorman & Company and serves as the Market President for the Pacific Northwest, including Oregon, northern California and Washington state. Kevin is focused on community revitalization through the creation of high-quality, mixed-income housing. He comes to Gorman from the Hacienda Community Development Corporation of Portland, Oregon where he oversaw all real estate development programs.

Kevin brings a wide range of skill sets to the team from establishing and maintaining co-development partnerships, developing affordable rental housing, redeveloping public housing, expertise in policy development, grant funded research on sustainability, and equitable development. His previous community engagement efforts will serve as an asset to Gorman along with his development efforts in the Pacific Northwest. Kevin’s passion for working with residents and partners, alongside his experience in the industry, marks an exciting beginning for Gorman & Company as it continues its national expansion.

Duane Buscher
Senior Financial Analyst

Duane, Senior Financial Analyst, focuses on underwriting LIHTC projects. He works with Market Presidents & Construction Accounting at all stages of development to evaluate feasibility and conduct proforma analysis.

He previously worked as an Underwriter for the Missouri Housing Development Commission. He holds a BA in Psychology and a master’s in Urban Planning from the University of Kansas.

Noah Gerencir
Financial Analyst

Noah, Financial Analyst for Gorman’s RAD and Pacific Northwest markets, focuses on projects utilizing LIHTC, workforce, public housing, and market rate structures.

Noah holds a Bachelor of Business Administration in Real Estate and Urban Land Economics and Finance, Investment, & Banking from UW Madison.

Rachel Snethen
Director of Development Operations

Rachel oversees development & marketing along with the EB-5 Regional Center. She provides training, mentorship, quality assurance, and best practice implementation. She manages efforts between funding partners through closing, construction, and stabilization.

Rachel has an MBA & B.S. in Management & Business from Franklin University and Associate Degree in Real Estate from Madison College.