How Portland Investors Are Building Passive Wealth Through New Construction (And Why I'm Telling You About It)

How Portland Investors Are Building Passive Wealth Through New Construction (And Why I'm Telling You About It)

If you've been following me for a while, you know I'm always on the lookout for the people doing really interesting things in Portland real estate. Not just the agents and lenders, but the developers, the builders, the people who are reshaping actual neighborhoods. So today I want to introduce you to a local company that I think deserves more attention: Jasmine Investments.

Who Is Jasmine Investments?

Jasmine Investments is a Portland based real estate development firm that partners with passive investors to build affordable multifamily housing in some of the city's most walkable, vibrant neighborhoods. They were founded in 2018 by Jordan Tietz, a CPA and licensed Oregon/Washington Realtor who spent over a decade as a CFO for nonprofit organizations serving foster youth in the Bay Area and Portland. That background is not just a fun footnote. It shapes everything about how this company operates.

Their track record speaks for itself: over $2.93 million returned to investors, 121 units permitted, 16 projects developed, and a portfolio valued at $24.27 million. And here's the stat that really caught my eye: after the construction phase wraps and investors get their capital back, 91% of them choose to roll their funds directly into the next deal. That kind of retention doesn't happen by accident.

The Model in Plain English

Here's how it works. Jasmine's team scours the MLS and off-market sources for undervalued properties in inner NE and SE Portland, specifically ones with rezoning potential. Once they identify a deal that meets their standards, they move through four phases:

They acquire the property at a strong price, often unlocking value through rezoning. They entitle the project by coordinating architectural plans, engineering, and land use approvals. They build high-quality, environmentally minded multifamily units designed to hold as long-term rentals. And once the new units are leased up, they refinance out of the construction loan and return capital to their investors.

The whole thing is designed so that you, as an investor, never have to touch it. No contractors, no city meetings, no permit headaches. Just passive returns while a deeply experienced team does the heavy lifting.

Why This Matters for Portland

I talk to buyers and sellers every single day and one of the most consistent themes I hear is this: there simply aren't enough homes in Portland. Not enough affordable rentals, not enough starter homes, not enough housing at all. Jasmine Investments is actually doing something about that. Every project they complete adds quality housing stock to inner city neighborhoods, and they do it while still generating strong returns for investors. That double bottom line is rare and it's real.

They focus exclusively on inner Portland because they know it deeply. They review every deal that hits the market, which means when they act, they act with conviction.

The Team Behind It

What I respect most about any real estate operation is the quality of the people involved, and Jasmine has built something impressive. Beyond Jordan at the helm, they've assembled a bench that includes a builder with 15 years of Portland new construction experience, an architect who has guided over 300 units through city permitting, a land use planner who spent 22 years at the City of Portland, a real estate attorney specializing in Oregon condominiums and subdivisions, and a title expert who is VP of Builder Services at WFG National Title. This is not a one-person show. This is a full development ecosystem.

What This Has to Do With You

Whether you're a homeowner sitting on equity, a first-time buyer trying to understand the bigger real estate picture, or someone who's been curious about investing passively in Portland without becoming a landlord, Jasmine Investments is worth knowing about.

As your networking Realtor, connecting you with the best operators in Portland is part of what I do. If you want to learn more, I'd encourage you to visit jasmine.investments and schedule a free consultation with Jordan directly. Tell him Michael sent you.

And as always, if you have questions about how real estate investment ties into your bigger picture goals around buying, selling, or building wealth in Portland, I'm just a phone call away.

Michael Perkins Open House PDX | Real Broker 503-800-7878 openhousepdx.com