About Blackfish Capital
Blackfish Capital is a privately held real estate investment and development firm focused on affordable and workforce multifamily housing in the greater Seattle region. The firm prioritizes transit-oriented communities and invests in select commercial real estate on an opportunistic basis.
​
The strategy is based on rigorous underwriting, conservative capital structures, and active oversight across the full lifecycle—from acquisition and entitlement through development, operations, and exit. Blackfish Capital executes LIHTC and workforce housing financings to deliver durable affordability in supply-constrained submarkets. Over the coming years, the firm expects to deliver approximately 1,000 units of affordable and workforce housing.
​
Partner alignment is mandatory. Blackfish Capital structures investments to align incentives across investors, operators, public agencies, and local stakeholders, with execution discipline and capital preservation as the governing priorities.
​
The firm supports local nonprofit organizations and treats community engagement as part of long-term investment performance.
Our Mission
Blackfish Capital’s mission is to invest in and develop affordable and workforce housing in the greater Seattle area through disciplined underwriting, rigorous risk management, and long-term ownership. The firm seeks to deliver durable housing supply in markets with demonstrated need while preserving capital and aligning interests among investors, operators, and local stakeholders. Community engagement and responsible investment practices are integral to the firm’s long-term approach.
Meet Our Team
Our dedicated team at Blackfish Capital is committed to delivering exceptional expertise and service to our valued partners and stakeholders.
