Who We Are
We strive to build long-term relationships with our investors. CEP is committed to forming real estate investment partnerships where “everyone wins together”. We have a proven track record of delivering results for our investors, the majority of whom have made multiple investments with CEP over the years.
The CEP Partners
The CEP Multifamily team has successfully operated and invested in multifamily real estate through multiple cycles spanning four decades. Starting in the ’80s with just a “pickup truck and plunger” our founders, Tom and Shawn Hoban, have since operated businesses managing over $6 Billion in assets.
Today, CEP owns and operates over $400 Million in institutional quality multifamily assets. We have a deep understanding of the region’s multifamily market that we harness to identify quality opportunities and have unsurpassed operating experience that is leveraged to drive strong risk-adjusted returns for our investors.
CEO & Managing Partner
President & Managing Partner
VP – Finance and Administration
Director – Capital Markets & Investor Relations
Director – Property Operations
A Message From
We founded CEP Multifamily in 2004 as a wealth-building strategy for the CEP partners and our investors. Pension funds, endowments, family offices, and ultra-high net worth individuals have long understood the merits of holding commercial real estate in their portfolios to bolster returns, balance market uncertainty, and generate tax advantages. However, the capital required to make these investments is challenging for an individual to amass. As such, our goal is to give our investors direct access to the commercial real estate asset class through pooled investments sponsored by CEP.
Our investment program gives accredited investors the opportunity to make investments alongside CEP into institutional-quality multifamily real estate.
We bring an operator’s mentality to our role as manager of these investments – expertise honed from decades of operating apartment communities – to optimize the economic performance of the properties we acquire and deliver attractive, balanced returns to our investors, comprised of current period profits (quarterly dividends) and strong asset appreciation over time.
CEP is committed to forming real estate investment partnerships where “everyone wins together”. Our simple partnership structure ensures that our interests, as Manager, are aligned with those of our investors. We earn modest fees for arranging the investment and managing it over the long run and share in the profits from capital events(refinance/Sale) when they occur.
We would be privileged to partner with you and we thank you for considering CEP Multifamily to aid you in achieving your real estate investment goals.
Mike Harmon, CEO & Managing Partner
Josh Jansen, President & Managing Partner
CEP Multifamily is proud to have CEP Residential as our in-house property management division.
CEP Residential is dedicated to managing just the assets we own. CEP Residential is committed to delivering an exceptional tenant experience and driving and strong operating performance across the multifamily communities we own and operate.
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Our Latest Content
CEP Partner Spotlight: Tom Hoban
Together with his brother Shawn, CEO, Tom has led the Coast Group from a very modest start in 1987 to a diversified group of commercial real estate services companies offering property management, facilities maintenance, specialized construction, and advisory and transaction services to private and institutional owners throughout the Pacific Northwest the United States.
This move to in-house management – and a truly vertically-integrated business model – better positions CEP for future growth and provides us the perfect opportunity to rebrand ourselves to the market in a way that better reflects our focus and the services we offer our customers.
Where Can You Go to Find Yield in Today’s Market?
The effects of COVID-19 can be felt across all aspects of our economy leaving some investors wondering where they should go next. With the challenging environment of “lower for longer” interest rates greatly impacting asset allocation and little...