In 2014, SMARTCAP founder and CEO Tim Shoultz launched the business from a modest 150-square-foot office in Redmond, Wash., after bootstrapping his way to a successful 15-year career at Microsoft without a college degree. He thought he'd be there until he retired.

So why did he leave a dream job at a company where he planned to stay for life to start his own venture? The answer lies in Tim's passion for real estate and his high-energy, investment-minded nature. While he always maxed out his 401(k)s and Employee Stock Purchase Programs, Tim never found joy in analyzing Wall Street. However, the idea of generating income through real estate sparked his excitement.

After dabbling in fix-and-flip foreclosures, which didn't align with his morals, he turned to commercial real estate (CRE) and quickly realized its wealth potential after owning his own building. Thus, the seeds of SMARTCAP were planted.

Fast-forward to today, and SMARTCAP has completed over $480 million in transactions, manages more than 1.6 million square feet, and has developed 970,000 square feet.

tim shoultz

Founder/CEO

Tim's 15 years of direct CRE investing experience are complemented by another 15 years at Microsoft, where he ran the Data Analytics and Development Division of the Windows organization. He also successfully founded a commercial construction company, served as its CEO, and sold the business after five years of operations. When Tim gets the chance, he loves rock climbing, great food, wine, and travel. The best trip of his life was to Northeast Greenland sailing the Scoresby Sound on a 70-foot German schooner.

brian burmester

Director of Acquisitions

Brian has served as SMARTCAP’s Director of Acquisitions since 2020, focusing on market analysis, asset underwriting, diligence, and investor communication. Though hired by SMARTCAP in 2015, Brian has over 14 years of experience in finance and commercial real estate and has placed over $150MM of equity into acquisitions and developments in the Pacific Northwest. Brian is a graduate of the University of Iowa, where he played Division I baseball, and has lived in Seattle with his wife and children since 2009.

leslie neel

Director of Finance

Leslie Neel oversees finance and accounting for SMARTCAP and all SMARTCAP managed entities. She joined the company in 2017 after providing accounting services with a third-party accounting firm since 2016 and brings with her 25 years of public accounting experience. She graduated from Western Washington University with a Bachelor of Accounting and a minor in business administration. Leslie is a licensed CPA in the state of Washington. She loves traveling, roller coasters, and spending time with her two sons and dog.

kellanne henry

Director of Asset Management

Kellanne worked on real estate investments throughout the country for nationally recognized firms prior to joining SMARTCAP in 2021. Her experience includes Director, Portfolio Management with Prudential Real Estate Investors and Vice President, Asset Management with Clarion Partners. Kellanne holds a bachelor’s degree in business and economics from Linfield University and an MBA from the University of Washington. With over 300 dives in her log, Kellanne enjoys scuba diving and travel. She is also a 15-year member of Linfield University's Board of Trustees.

brittney brandt

Director of Development

Brittney has led all aspects of design and construction at SMARTCAP since 2023. She received her Bachelor of Science in Architecture from Washington State University and has been in the Seattle real estate industry for over 16 years. Brittney has a record of success in all phases of multi-million-dollar commercial, retail, and mixed-use projects. She has held senior positions, including Director of Development at Onelin Capital and Senior Manager at Amazon, building their first seven brick and mortar stores. She enjoys spending time with her family, traveling, and cooking.

mike balicki

Senior Property Manager

Mike focuses on building operations, construction management, and asset preservation. He joined SMARTCAP in 2019 after 13 years with Coast Property Management. Mike currently manages 18 buildings and oversees all capital improvement and tenant improvement projects. He graduated with a Bachelor of Business Administration from the University of Notre Dame, where he also played baseball. Mike enjoys spending time with his wife and two kids, coaching youth sports, and traveling.

lisa szabados

Senior Portfolio Accountant

Before landing at SMARTCAP in 2019, Lisa spent 14 years in the property management industry working with the accounts payable and commercial accounting departments of Coast Real Estate Services in Everett, Wash. Since joining SMARTCAP, her experience has expanded to include industrial development as well as property management. A native Washingtonian with lifelong ties to Snohomish County, she enjoys reading, gardening, traveling, and spending time with her family.

dominic vinti

Senior Acquisitions Analyst

Dominic graduated from Gonzaga University with a bachelor’s degree in business administration, concentrating in finance. He got his start in commercial real estate with KBC Advisors, working on industrial corporate tenant representation. Dominic joined KBC’s Industrial Capital Markets Advisory Team in August 2022 before joining SMARTCAP in May of 2023. Outside of work, he is an avid golfer, playing courses all over the PNW. He also enjoys spending time with friends, participating in the various activities the greater Seattle area has to offer.

Spencer Esau

Acquisitions Manager

Spencer has overseen the identification, structuring, and closing of new investment opportunities at SMARTCAP since 2020, totaling over $500MM of acquisitions. Before joining the company, Spencer worked in acquisitions and asset management for Laird Norton Properties and then Heartland LLC after the companies merged. A graduate of Gonzaga University, Spencer earned his Bachelor of Science in Economics. He lives in Kirkland with his wife and two daughters and is an active member of the Washington Policy Center.

summer kamm

Accounting Assistant

Summer has more than six years of experience in financial administration, data processing and documentation analysis. Prior to SMARTCAP, she spent one year at Kotter, Inc., as an accounting assistant and two years as a bookkeeper/administrative assistant at Fahlman Olson & Little, PLLC. Summer graduated Magna Cum Laude with her bachelor’s degree in law and justice and sociology. Her hobbies include kayaking and going on adventures with her dog, JackJack.

sierra long

Assistant Property Manager

Sierra worked at JLL as a facilities coordinator, managing a portfolio of office spaces for Fortune 500 clients before joining SMARTCAP in 2023. She began her studies in communication at Glendale Community College in Arizona and continued at Georgia State University. A Seattle native, Sierra grew up playing basketball, has a passion for interior design, and loves spending time with her family and her two-year-old son.

Marshall Sharp

Associate Asset Manager

Marshall worked as an associate at JLL for three years prior to joining SMARTCAP in 2021, closing over $1.2 billion in debt and sales transactions across all commercial and multifamily product types. Prior to that, he worked as an analyst for Merchant’s Hospitality in One World Trade Center in New York City. Marshall attended the Wharton Business School at the University of Pennsylvania, where he played varsity tennis. He moved to the Pacific Northwest to enjoy skiing, backpacking, and paddle boarding.

we PROTect investor capital

We are successful if our investors are successful. Risk should be broken down to the most basic elements and should be analyzed carefully. Define the risk / reward ratio for any investments we make, and ensure it meets our corporate standards. Make decisions with our investors’ best interest in mind.

we are Driven

For SMARTCAP to reach our goals, each of us must be driven, hardworking, dedicated, and passionate. We must possess an enthusiastic and unwavering pursuit for success. Being driven in our activities will ensure we are always pushing forward and will allow us to achieve or exceed our goals as a company.

we are Detail Oriented

Getting the details right determines if we are successful or not. At SMARTCAP we are data driven, organized, thorough, detailed, precise, reliable, analytical, critical thinkers, and problem solvers. Decisions are made based on detailed analysis, critical thought process, and decisions are focused on value and risk vs reward.

we are Transparent

Communicate transparently with co-workers, investors, buyers, sellers, and partners. Transparent communication creates trust in each of us individually, as well as in SMARTCAP as an organization. All of us make mistakes, this is part of growing; being transparent means being honest about our mistakes. Being honest about them builds long-term trust and makes you better at your job!

we use Clear and Concise Communication

Close the loop, be direct, responsive, and efficient in communication. Set timelines and follow through on what you say you will do. When communicating, clearly call out requests, or actions owned by others! All of these actions build trust both inside and outside of the organization. job!

we are Team Players

Being a team player means you are relationship focused, humble, respectful, and willing to help. Each of us must be willing to support the organization's greater good over our own desires or needs. Being a team player is about long-term success, and not making a decision that will benefit an individual or a team. If the company is successful, we are all successful together! This is also true with our partners. SMARTCAP is a team of teams, and we must ensure that we are being a team player with our external partners as well!

Get In Touch

Our Office

8201 164th Ave NE, Suite 105 Redmond, WA 98052
(425) 896-8561

info@smartcapgroup.com

Please direct property management questions or tenant issues to propertymanagement@smartcapgroup.com. We check this email frequently and will get back to you promptly.

Our Story

SMARTCAP'S BEGINNINGS

Our Team