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Business Details
33 Years
experience
Trusted Seattle Real Estate Investment Experts
HAL Real Estate Inc has been a trusted leader in real estate investment and development across the Greater Puget Sound Area since 1993. As the Seattle-based subsidiary of HAL Holding N.V., we combine the financial strength of a global investor with the agility and local expertise of a private firm. Our focus on direct and joint-venture opportunities spans apartments, condominiums, office spaces, mixed-use developments, and raw land acquisitions. Over three decades, we have cultivated a reputation for strategic investments that prioritize community impact, sustainable practices, and long-term value.

Our teams deep market knowledge and nimbleness in deal structuring enable us to deliver tailored solutions that align with evolving regional needs. We are committed to fostering partnerships that drive innovation while maintaining the highest standards of integrity and transparency in every project we undertake. Our legacy of success is rooted in our ability to identify prime locations, leverage our extensive experience, and execute projects with precision.
Services
Real Estate Investment Property Development Mixed-Use Projects Land Acquisition Commercial Real Estate Residential Development Retail Space Leasing Office Building Management Sustainable Development Community-Focused Projects
Details
  • Year established: 1993
Highlights and features
  • We leverage over 30 years of local market expertise in Puget Sound real estate.
  • Our flexible deal structures prioritize long-term community and investor value.
  • We combine institutional-grade resources with agile, private-sector decision-making.
  • Our team has completed diverse projects spanning residential, retail, and office sectors.
  • We maintain transparent partnerships with stakeholders and developers.
Associations and certifications
  • LEED Gold
Services
Residential Development
We develop high-quality residential communities that meet market demand while promoting affordability and accessibility. Our projects, such as Midtown Square and Arras Apartments, integrate modern design with community-centric spaces. Each development is strategically located near transit hubs and urban amenities to enhance resident lifestyle.
Commercial Real Estate
Our commercial projects focus on creating functional, sustainable office and retail spaces tailored to modern business needs. Examples include Data 1 in Fremont, a LEED Gold-certified office building fully leased to Tableau Software. We prioritize partnerships with local retailers to foster vibrant, economically resilient communities.
Mixed-Use Projects
We specialize in mixed-use developments that blend housing, retail, and public spaces to drive urban revitalization. The Schoolhouse District and Pacific Commercial Building exemplify our approach, combining historic preservation with contemporary design to create dynamic hubs for work, living, and leisure.
Land Acquisition
Our expertise in land acquisition ensures strategic investments in prime or emerging locations that align with long-term growth trends. We evaluate sites based on transit access, zoning potential, and community impact, as seen in projects like Ethos Apartments and Grand Street Commons.
Community-Centric Development
We prioritize inclusive development through collaborations with neighborhood groups and local governments. Midtown Squares arts initiative with the Central District community showcases our commitment to honoring cultural heritage while delivering projects that address housing and retail needs.
People
Jonathan Manheim
President
Jonathan oversees strategy and investments at HAL. He previously held leadership roles at American Life and Clairvue Capital Partners, and mentors at the UW Runstad Center. He earned a BA in Economics from the University of Pennsylvania.
Kelley Kohout
Vice President
Kelley manages investment opportunities and development projects. He brings experience from Trammell Crow Company and JLL, where he worked on housing privatization initiatives. He holds a BA from Dartmouth College and an MBA from Duke University.
Roger Long
Vice President
Roger focuses on sourcing investments and debt structuring. He previously served as Senior Vice President at Wells Fargo, managing over $2.5 billion in CRE capital. He earned a BS in Business Administration from Miami University.
Ramen Vohra
Vice President
Ramen leads accounting and financial reporting for HAL. She has over 25 years of finance experience, including roles at Bentall Kennedy and Hines. A licensed CPA, she earned a Bachelor of Commerce from the University of British Columbia.
Diana Eldefrawy
Director
Diana drives investment underwriting and market research. Prior to HAL, she worked as a Project Manager at HVS, analyzing hotel assets across the U.S. She earned a Bachelor of Business Administration in Hotel Management from Hotelschool The Hague.
Questions
What areas does HAL Real Estate focus on?
HAL specializes in the Greater Puget Sound Area, including Seattle, Bellevue, Kent, and Woodinville.
What types of properties does HAL invest in?
We invest in residential (apartments, condos), commercial (office, retail), mixed-use, and raw land developments.
Does HAL work with local partners on projects?
Yes, we collaborate with local developers and stakeholders to ensure community-aligned outcomes.
Are HAL’s projects LEED-certified?
Some projects, like Data 1 in Fremont, achieve LEED Gold certification for sustainability.
How long has HAL been operating in Seattle?
Since 1993, with a history of over 30 years in the region’s real estate market.