Patrick Stelmach
First Vice President
Lic. 01964999
Professional Experience
Associated Office
Contact
Patrick Stelmach is an urban land specialist and focusing on land sales for residential development. Patrick specializes in representing sellers of infill land around the Sacramento, Sierra Nevada, and Central Valley regions of California for the development of multi-family, single-family, affordable housing, student housing, and mixed-use projects. Patrick assists clients with complex dispositions of all types, including entitled land, surplus land, raw land within existing development patterns, and master planned developments.
Patrick brings subject matter expertise in zoning, planning, and permitting processes, financing, environmental concerns, and community engagement. His technical skills also include affordable housing, land entitlements, and bankruptcy sales. The combination of these experiences provides credibility as it pertains to underwriting land for residential development projects.
Throughout his career, he has sold and leased more than 500,000 sq. ft. in urban core properties with more than $350 million in consideration. His belief that creating more affordable housing, at all levels of affordability, to solve social issues is what drives him forward.
Patrick brings subject matter expertise in zoning, planning, and permitting processes, financing, environmental concerns, and community engagement. His technical skills also include affordable housing, land entitlements, and bankruptcy sales. The combination of these experiences provides credibility as it pertains to underwriting land for residential development projects.
Throughout his career, he has sold and leased more than 500,000 sq. ft. in urban core properties with more than $350 million in consideration. His belief that creating more affordable housing, at all levels of affordability, to solve social issues is what drives him forward.
Education
- University of California, Berkley: Bachelor of Arts, Political Science; Bachelor of Science, Society and Environment from, cum laude
Pro Affiliations / Accreditations
- Member, Urban Land Institute (ULI)
- Member, River District PBID, Place Enhancement Committee
- Member, Association of Commercial Real Estate (ACRE)
- Member, International Council of Shopping Centers (ICSC)
Achievements
Sold and leased more than 500,000 sq. ft. with more than $350 million in consideration.
Avid mountain climber and ultramarathon runner.
Awards
- Current Broker of the Year (Land - Next Gen), Association of Commercial Real Estate in Sacramento (ACRE)
- Broker of the Year, 2021 (Land - Next Gen), Association of Commercial Real Estate in Sacramento (ACRE)
- Broker of the Year, 2020 (Land - Next Gen), Association of Commercial Real Estate in Sacramento (ACRE)
Significant Transactions
- Salvator Apartments - 924 Arden Way, Sacramento CA
Buyer: Community HousingWorks
Seller: Sacramento Regional Transit
Type: TOD Affordable Multi-Family
Size: 52,087 SF land
Result: 120 units completed 2023 - Wexler Apartments - 1500 67th St, Sacramento CA
Buyer: Symphony Development / AECOM-Canyon Partners / The Martin Group
Seller: Sacramento Regional Transit
Type: TOD Mixed-Use Student Housing
Size: 169,884 SF land
Result: 223 units completed 2022 - Harmony Village - 4228 Golden State Hwy, Yuba City CA
Buyer: County of Sutter / Habitat for Humanity Yuba-Sutter
Seller: Sai Shiva LLC / Baymont Hotel
Type: Project Homekey Permanent Housing
Size: 297,950 SF land
Result: 62 units completed 2020 - 2000 16th Street, Sacramento, CA
Buyer: Capital Area Development Authority (CADA) / Mutual Housing
Seller: Crabtree Trust; McClure Trust
Type: Affordable Housing Multi-Family
Size: 32,800 SF land
Result: 134 units proposed 2023 - 1511-1517 I Street, Sacramento, CA
Client: Community HousingWorks (Buyer), Fulcrum Properties / Heller Pacific (Seller)
Type: Affordable Housing Multi-Family
Size: 16,400 SF land
Result: Acquisition completed for planned affordable housing development