Business Details
50+ Years
experience
Emergency
services
Your Trusted Seattle Commercial Real Estate Partner
Since 1944, Yates Wood & MacDonald has been a trusted leader in commercial real estate brokerage and property management across the Puget Sound region. Our team of qualified brokers, managers, and staff brings decades of combined experience, delivering high-caliber service, responsiveness, and professionalism. We specialize in association management, commercial and residential property management, and brokerage services for buying, selling, and leasing properties. Our mission focuses on addressing the complex needs of clients through tailored solutions, leveraging a deep understanding of market dynamics and strategic decision-making.With a commitment to honesty and integrity, we build long-term relationships by anticipating challenges and opportunities to ensure client success. Our extensive network of professionals provides personalized insights and resources, enabling informed real estate decisions. Centrally located in Seattles South Lake Union neighborhood, we combine local expertise with a proven track record of excellence spanning over 75 years.
Services
Association Management
Commercial Brokerage
Property Management
Residential Management
Tenant Representation
Buyer Representation
Market Analysis
Leasing Services
Condominium Management
Investment Advisory
Details
- Year established: 1944
Highlights and features
- We have over 75 years of experience in commercial real estate.
- Our team consists of certified experts with extensive industry knowledge.
- We provide a full range of specialized services exclusively to the Pacific Northwest.
- Our vast network of professionals ensures personalized and informed solutions.
- We are committed to honesty and integrity, building long-term client relationships.
Services
Association Management
Yates Wood & MacDonald provides comprehensive management for Condominium Homeowners Associations, Planned Unit Developments, and Cooperatives. Our services include financial oversight, maintenance coordination, and administrative support. We utilize advanced software for transparent reporting and homeowner portals, ensuring efficient operations and compliance.
Commercial Property Management
We maximize property value by managing tenant relations, maintenance, and financial reporting for retail, office, and mixed-use properties. Our team ensures tenant satisfaction, proactive maintenance, and budget adherence while delivering market insights to optimize returns for owners.
Residential Management
Our residential division offers full-service property management, leasing, and brokerage for multi-family units and single-family homes. We focus on market-driven pricing, tenant screening, and maintenance efficiency, supported by technology for owner and tenant convenience.
Brokerage Services
We assist clients in buying, selling, and leasing commercial and apartment properties. Our brokers provide market analysis, negotiation expertise, and strategic guidance to secure optimal deals, leveraging a deep network of industry contacts and local market knowledge.
Tenant Representation
We help businesses find ideal commercial spaces by analyzing demographics, competition, and traffic patterns. Our team negotiates lease terms, conducts site evaluations, and ensures locations align with clients operational and financial goals.
People
Mark Holmes
President & Designated Broker
Mark Holmes leads Yates Wood & MacDonald with over 35 years in real estate. He founded the KM Family of Companies and returned to Yates Wood & MacDonald in 2016. His expertise spans property management, sales, and development.
Walter Berninger
Chief Executive Officer
Walter Berninger oversees daily operations at Yates Wood & MacDonald. With a background in construction and property management, he specializes in condominium association management and construction defect resolution, recovering over $30 million for clients.
Kelly Szeto
Chief Financial Officer
Kelly Szeto manages financial operations for Yates Wood & MacDonald. A University of Washington graduate, she brings expertise in accounting, risk management, and strategic planning to ensure fiscal transparency and growth for the companys assets.
Elizabeth Lee
Condominium Services Manager
Elizabeth Lee specializes in association property management with over a decade of experience. She holds a Bachelor of Science in Business Administration and focuses on client relations, budgeting, and compliance for condominium associations.
Mike Schultz
Accounting Manager
Mike Schultz oversees financial operations with a focus on property management accounting. He brings decades of experience in finance and operational efficiency, previously serving as Controller for regional property management firms.
Questions
What services does Yates, Wood & MacDonald offer?
We provide commercial and residential property management, association management, real estate brokerage, tenant and buyer representation, and market analysis.
How long has the company been in business?
Yates, Wood & MacDonald has served the Puget Sound region since 1944, with over 75 years of real estate expertise.
Do you manage properties outside Seattle?
While based in Seattle, we serve the broader Puget Sound region, including Puyallup and surrounding areas.
How do you handle tenant relations?
We prioritize tenant satisfaction through regular communication, prompt issue resolution, and professional interactions to maintain positive relationships and property value.
Can you assist with buying or selling commercial property?
Yes, our brokers specialize in commercial real estate transactions, offering market analysis, negotiation, and strategic guidance for buyers and sellers.
What sets your association management apart?
We combine advanced accounting software, transparent reporting, and dedicated support to ensure efficient, compliant management of condominium and planned unit developments.
