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is a Seattle-based real estate investment firm focused on investments that create value for all stakeholders.

Institutional Approach

Disciplined underwriting and decision-making across the full investment lifecycle.

Responsible Investing

We invest with a focus on creating value for investors, residents, and communities.

Thoughtful Structuring

We use disciplined structuring to create asymmetric outcomes for investors. 

Measured Risk

We evaluate returns in the context of downside risk and cash flow durability. 

$2 Billion of Transaction Experience

The firm’s principal has interests in over $600 million of multifamily real estate across 1,845 apartment units and has completed over $1.6 billion of debt and equity originations.

Team

Jake Leibsohn has experience in real estate finance, acquisitions, and investment execution, including approximately $600 million of multifamily investments and $1.6 billion of debt and equity originations.

Prior to founding Stoneway Capital, he was a Partner at Timberlane Partners, where he led the firm’s closed end multifamily acquisition fund. Earlier in his career, he served as Managing Director of Northmarq Capital’s Seattle office, where he consistently ranked among the firm’s top mortgage bankers nationally and was named Seattle’s Top Mortgage Banker by Connect Real Estate in 2020.

Jake Leibsohn

MANAGING PARTNER

An Associate who supports the team across various projects and contributes to smooth day-to-day operations.

Name

ASSOCIATE

Jake Leibsohn

Managing partner

Jake Leibsohn is the Founder and Managing Partner of Stoneway Capital, where he is responsible for the firm’s investment strategy, capital formation, and overall vision. He has over $2 billion of real estate transaction experience, including interests in more than $600 million of multifamily real estate across 1,845 apartment units and over $1.6 billion of debt and equity originations.

Prior to founding Stoneway Capital, Mr. Leibsohn was a Partner at Timberlane Partners, where he led the firm’s closed end multifamily acquisition fund and oversaw the sourcing and execution of multifamily investments. Earlier in his career, he served as Managing Director of Northmarq Capital’s Seattle office.

jleibsohn@stonewaycapital.com

Alex Ballard

Associate

Alex Ballard is an Associate at Stoneway Capital, where he is responsible for investment underwriting and asset management across the firm’s portfolio. He has over $350 million of real estate transaction experience across multiple asset classes and markets.

Prior to joining Stoneway Capital, Alex was a Lead Analyst at Northmarq Capital on the Seattle Multifamily Investment Sales team, where he managed over $100 million in annual transaction volume and led multifamily underwriting training for all incoming analysts nationwide. Earlier in his career, he served as a Financial Analyst at CPX in Seattle and a Brokerage Associate at Wellington Realty in Dallas.

aballard@stonewaycapital.com

Chelsie Bartlette

Controller

Chelsie Bartlette serves as the outsourced Controller for Stoneway Capital, where she oversees the firm’s accounting, financial reporting, and internal financial processes. She has more than 20 years of experience in accounting, with a focus on real estate investment, development, and property management.

Chelsie has worked with real estate developers, investors, and property management companies to manage financial operations, support acquisitions, and maintain accurate reporting across portfolios. Her experience includes accounting, bookkeeping, and financial management, providing reliable financial information to support investment decisions.

accounting@stonewaycapital.com