CRH Northwest
Org. type
Cooperative
Founders
CRH Northwest
Founded in
1979
Category
product
About
CRH Northwest is a real estate investment and management company based in Bend, Oregon. We were formed in 2007 by experienced developers, builders, and businessmen and currently operate over 200 and licensed care apartments throughout the Pacific Northwest. We are proud of our consistent operational success, our smart transactions, and our dedicated team of professionals who provide excellent housing and care for our residents.
Our Mission
CRH Northwest is built on the cornerstone of strong work ethic, wise decision-making, and improving the quality of life for partners, employees and residents. We are a “people first” company which values relationships and trust above all. We believe in the Golden Rule, and therefore our success is a result of a long history of trust-building and management expertise.
Our management team is comprised of compassionate, devoted professionals who believe in the principals of servant leadership. With over thirty years of combined senior care experience in the Pacific Northwest, CRH Northwest management has the tools to meet the needs of the Northwest’s unique seniors and specific needs population.
Regarding our investment philosophy, we are navigating today’s tumultuous market carefully, applying conservative forward looking assumptions and using strict underwriting criteria. Projected occupancy rates, rent rates, and operating expenses are appropriately adjusted for the economic realities, which results in conservative NOI growth and realistic operating costs. Additionally, we valuate using acquisition and exit cap rates typical of historical norms. We stress test our assumptions to such a degree that investments should cash flow even if the market recovery lags for several more years.
Funding details
Industry
Service /Product types
City
Bend in CRH Northwest
Website
