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Turning Pointe Properties, LLC

Acquisition, renovation and resale of single family homes in desirable neighborhoods in the greater Seattle area.

  • Stage Full Product Ready
  • Industry Other
  • Location Seattle, WA, USA
  • Currency USD
  • Founded October 2012
  • Employees 1
  • Website

Company Summary

Turning Pointe Properties is engaged in the business of scouting, purchasing, updating and reselling single family homes in the greater Seattle area where the After Repair Value price band is approximately $450,000 to $800,000. As such, TPP contributes to the supply of quality homes being made available to discriminating home buyers in popular neighborhoods such as Magnolia, Queen Anne, Ballard, Greenlake, Bellevue, Renton, Kent and others.


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    Cary Porter
    Managing Broker - The Cascade Team

    TPP STRATEGIC PARTNER - Cary is the founder of The Cascade Team, a full service real estate firm based in Issaquah. Founded in 2006 and locally owned, Cascade employs more than 120 agents/staff. In the case of Cascade's sellers, the commission expense is 4% of the sales price rather than the traditional 6% (a serious savings). Mr. Petersmeyer has placed his WA license with Cascade and uses his fellow agents to stage and sell updated TPP homes.

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    Christopher Hall
    Founder & CEO - Vestus

    TPP STRATEGIC PARTNER - Christopher Hall is a foreclosure "guru". He founded Vestus 9 years ago. Vestus systematically identifies, tracks and evaluates thousands of residential properties in the King County foreclosure pipeline. Vestus customers are briefed each Thursday night on the top rated properties expected to be available the next morning at the two K County foreclosure sites. Vestus charges a 3% fee, a tremendous value for the service.

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    Rob Carlisle
    President - Carlisle Classic Homes

    TPP STRATEGIC PARTNER - Rob is a graduate of UW of Washington. Having navigated through the recession successfully, CCH achieved $3.6M in sales in 2012 and is forecasting $5M in 2013. In 2012, Remodeling Magazine selected CCH as one of the Top 50 remodeling firms in the U.S. CCH's commitment to master craftsmanship and green building helps eliminate the surprises that often delay projects, eat into profits and undermine a firm's reputation.

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    Roger Kent Petersmeyer
    Founder & President - Turning Pointe Properties

    Kent grew up in Northern California, attended the University of California at Santa Barbara and received his MBA from Harvard Business School. He worked for Cummins Engine Co. for 5 years followed by 10 years in the personal computer industry. He then transitioned to the real estate industry in 1993 and worked for a series of developers of large master planned communities in Arizona, California, Florida, Oregon and Utah.


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    Jillian Sidoti
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    David R. Harrison

Previous Investors

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