Pilot Merges into Portland Firm

Seattle Daily Journal of Commerce | In The News

Local multifamily specialist Pilot Ventures has folded most of its operations into Capital Pacific Northwest, of Portland, which is a general commercial broker. The merged entity will now be known as CPX. The latter's Tiffany Wright said in a statement, “What attracted us to Pilot Ventures was its culture, which is very compatible with ours. In an industry that's highly transactional by nature, we differ in that we prioritize people and relationships over sales, and Pilot's team enhances our existing culture.” Pilot has been known as a multifamily brokerage and advisor. Its Sean Tufts said, “Now more than ever, owners have diversified into multiple asset classes, whether through acquisitions or repositioning of their own portfolios.” He, Jason Kono and Casey Zejdlik will remain in Seattle. They'll continue to operate the separate Pilot Ventures property management and syndication divisions.

Read on the Seattle Daily Journal of Commerce