OUR HISTORY
Blueprint was founded in 2009 by Seattle real estate veterans Mark Knoll and Dan Duffus to help local builders develop and finance small-scale residential housing. The simple idea was to create a better lending model—along with a technology platform and trusted brand—to serve the Seattle market. The first part of our thesis was clear: that community banks have significant challenges lending to small-scale builders due in large part to constraints under Dodd-Frank and stricter FDIC regulations—a trend that is likely to continue.
The second part of our thesis was that helping local builders with more than just financing would produce better results for them as well as our investors. This new ‘value-added’ approach, applied to the entire project lifecycle, is the differentiating feature of Blueprint. Building on our early success, we converted the company to a real estate investment trust (REIT) in 2013 to facilitate loan growth and develop rental property for our portfolio.
In 2018, Brighton Jones acquired a majority interest in Blueprint’s external manager, Blueprint Capital Services, LLC. As the largest Registered Investment Advisor in Washington State, Brighton Jones provides wealth management services to executives, entrepreneurs, and other individuals and families. After getting its start as a two-person shop 20 years ago, the firm now has more than 180 employees and has opened additional offices in Austin, Portland, San Francisco, Scottsdale, and Washington, D.C. Brighton Jones serves over 2,000 clients and advises on over $8 billion in assets.
Today, we are proud to be Seattle’s leading REIT, with the lowest loan default rate (zero) among our peer banking competitors.
Our market
Seattle is one of the most active real estate markets in the country. It provides key requirements for housing demand such as strong population, job and income growth. Within the Seattle market, we focus on urban “in-fill” development rather than suburban “tract” development. Urban housing is in high demand and more resilient to market cycles. And, recycling land in established neighborhoods reduces suburban sprawl—a much more environmentally-sustainable solution to growth.
Urban “In-Fill” Development


Urban “In-Fill” Development

Suburban “Tract” Development

Full-cycle
support
OUR SERVICES
In-fill development is dominated by small-scale, local builders. Blueprint’s innovative lending model serves this market by combining construction financing—which by itself is a commodity product—with value-added development services for an end-to-end builder solution. Specifically, we support our customers through all four phases of the project lifecycle: Blueprint sources projects through our agent referral network, provides competitive financing, completes the plans and permits and helps market the project during construction. This integrated, co-operative approach increases builder productivity and, in turn, reduces risk for our shareholders.
OUR REAL ESTATE HOLDINGS
In addition to lending, Blueprint develops residential income property for the REIT portfolio. Our relationship network produces many excellent opportunities for “build and hold” projects in the same urban in-fill neighborhoods that are close to transit, shopping and entertainment. Currently, we are focusing on studio apartment homes that are affordable for residents making 60-80% of the median area income. Key drivers for acquiring rental real estate are: Income diversity, capital appreciation and building a rental infrastructure in the event that we acquire and hold real estate through a loan foreclosure. Our completed, under construction, and pipeline projects represent more than $200 million of development assets and over 900 units.


our
shareholders
Blueprint is owned by a large and diverse group of individual shareholders made up of our builder customers, management and individuals who value community investing. Our shareholders invest in the thriving Seattle real estate market through the leading real estate investment trust.
Shareholder InfoBlueprint Capital REIT, Inc.
Board of Directors
-
Charles Brighton Co-Founder, Brighton Jones
CloseCharles BrightonCo-Founder, Brighton Jones
Charles Brighton is the co-founder of Brighton Jones, Washington State’s largest registered investment advisor and one of the nation’s fastest-growing wealth management firms. At its core, Brighton Jones is driven by a desire to help its clients, colleagues, and community members live richer lives that extend far beyond financial wellbeing.
Charles and his business partner, Jon Jones, launched Brighton Jones in 1999 and pioneered a new approach to financial services—one marked by comprehensive planning and conflict-free advice. Headquartered in Seattle, the firm now has offices in Portland, San Francisco, Scottsdale, and Washington, D.C.
Charles is also the managing director of the firm’s family office practice.
-
Dan Duffus Co-Founder and Managing Director, Blueprint Capital
CloseDan DuffusCo-Founder and Managing Director, Blueprint Capital
206.933.7514Dan drives Blueprint’s business development, including the feasibility, pre-design, and land use issues on new projects. Dan has been in the real estate industry for over 30 years and has developed thousands of residential units. In 2009 he co-founded Blueprint and has underwritten over 2,000 units for Blueprint builders and over 500 units for Blueprint’s portfolio. In 1997 he founded Soleil Development, a leading developer of over 1,000 residential units in Seattle. Prior to development, Dan spent 11 years in the title insurance business, including starting and growing Fidelity National Title Company’s Washington operation. Dan currently serves on Seattle Mayor Durkan’s Affordable Middle-Income Advisory Council and served on the Master Builders Association / Seattle Builder Council board of directors for 7 years.
-
Eric Graham President, Blueprint Capital
CloseEric GrahamPresident, Blueprint Capital
206.933.7514Eric is Blueprint’s president. He has more than 20 years of experience working with real estate investment trusts. From 2009 to 2012, he was on the board of directors of EOS Preferred Corporation, a publicly-traded mortgage REIT. From 1997 to 2010, Eric represented REITs and other real estate companies in securities and corporate finance transactions as a partner with the law firm Goodwin Procter LLP. From 1991 to 1994, he practiced as a certified public accountant with KPMG LLP. Eric has a B.S. in accounting from Providence College and a J.D. from the Boston University School of Law.
-
Jon Jones Co-Founder and CEO, Brighton Jones
CloseJon JonesCo-Founder and CEO, Brighton Jones
Jon Jones is the co-founder and CEO of Brighton Jones, Washington State’s largest registered investment advisor and one of the nation’s fastest-growing wealth management firms. At its core, Brighton Jones is driven by a desire to help its clients, colleagues, and community members live richer lives that extend far beyond financial wellbeing.
After spending the early part of his career at a Big Four accounting firm, Jon and his business partner, Charles Brighton, launched Brighton Jones in 1999 and pioneered a new approach to financial services—one marked by comprehensive planning and conflict-free advice. Headquartered in Seattle, the firm now has offices in Portland, San Francisco, Scottsdale, and Washington, D.C.
-
Mark Knoll Co-Founder and Chairman, Blueprint Capital
CloseMark KnollCo-Founder and Chairman, Blueprint Capital
206.933.7514Mark is the Chairman of the Board of Blueprint Capital REIT, Inc. and Partner of Blueprint Capital Services, LLC. He is the chief architect of Blueprint’s business model, capital structure and marketing strategy. In 2018 Mark led the majority sale of Blueprint Capital Services to Brighton Jones, LLC. In 2013 Mark led Blueprint’s reorganization into an externally-managed, real estate investment trust. Beginning in 2011, he developed the software platform used by Blueprint, making it commercially available in 2019 as Datapage. In 2009 Mark co-founded Blueprint, served as CEO until 2019 and directed the funding of over $1.3 billion in loans for Blueprint builders. In 2003, he founded Knoll Development, a leading Seattle development and construction firm specializing in urban, in-fill development. In 1992, he co-founded Bismark Mortgage Company, a private, construction lending firm. Mark holds a B.A. degree in Mathematics from the University of Washington, class of 1988. He is co-owner and Chairman of the Board of Vita Coffee, LLC, one of Seattle’s largest independent coffee roasters. Mark is a guest speaker at Runstad Department of Real Estate, University of Washington.
Blueprint Capital Services, LLC
Blueprint Capital REIT is externally managed by Blueprint Capital Services, LLC. The founders, senior management and key support personnel average over two decades of experience in construction lending, real estate development and financial management.
Acquisitions
-
Darin Granger Managing Director
CloseDarin GrangerManaging Director
206.933.7514Darin is responsible for new business development and manages the acquisition, design and permitting team. Darin is a second generation homebuilder born and raised in the Kirkland area. He has over 20 years of in-fill development and construction experience and has built over 400 homes. The Granger family is well-known and well-respected in the Puget Sound homebuilding community. Darin was one of the founding builder members of Blueprint Capital.
-
Caleb Walters Manager - Acquisitions and Underwriting
CloseCaleb WaltersManager - Acquisitions and Underwriting
206.933.7514Caleb serves as Blueprint’s builder representative and manages all financial aspects of matching development projects to Blueprint member builders.
-
Taylor Straton Acquisitions Analyst
CloseTaylor StratonAcquisitions Analyst
206.933.7514Taylor serves as Blueprint’s Acquisitions Analyst, sourcing properties and matching development projects to Blueprint member builders.
Design & Permitting
-
Dave Biddle Senior Manager - Architectural Design
CloseDave BiddleSenior Manager - Architectural Design
206.933.7514Dave is the team lead providing architectural design and permitting services for Blueprint member builders. Inspired by a family history of residential construction, Dave studied Architecture and Structural Engineering at Lehigh University before completing the University of Washington’s Master of Architecture program. In 2004 he co-founded the award-winning design/development firm Pb Elemental and now brings over 15 years of design, construction and permitting experience to Blueprint.
-
Lucas DeHerrera Manager - Land Use and Permitting
CloseLucas DeHerreraManager - Land Use and Permitting
206.933.7514Lucas provides project feasibility studies and permitting services for Blueprint member builders. Prior to Blueprint, he spent 14 years at Seattle’s Department of Planning and Development including 7 years as a Senior Land Use Plan Reviewer. Lucas holds a B.A. in Community, Environment & Planning from the University of Washington.
-
Jake Lybeck Permitting Associate
CloseJake LybeckPermitting Associate
206.531.2098Jake assists with the permitting of Blueprint builder projects.
-
Steve Svetlik Lead Architect
CloseSteve SvetlikLead Architect
206.455.7103Steve leads the team of design associates providing architectural plans for Blueprint builder projects.
-
Matt Bardon Architect
CloseMatt BardonArchitect
206.452.1803Matt assists in the design, drafting and modeling of Blueprint builder projects.
-
Derry Betts Architect
CloseDerry BettsArchitect
206.933.7514Derry assists in the design, drafting and modeling of Blueprint builder projects. He holds a Master’s Degree in Architecture from Washington State University. Prior to Blueprint, he worked at Pb Elemental and Johnston Architects.
-
Erik Laag Architect
CloseErik LaagArchitect
206.933.7514Erik manages Blueprint’s Building Information Modeling [BIM] methodologies and facilitates the permitting of Blueprint projects. Erik holds a B.A. in Economics & Business Strategy from UCSC and a Masters of Architecture from the New School of Architecture & Design. Preceding Blueprint, he was a designer and BIM implementer at Safdie Rabines Architects and Solomon & Ferguson. He started his architecture career in 2010 – working with firms and developers based in his hometown of San Diego, CA.
WA # 20103518
-
Steve Fischer Project Manager
-
Jade Aramaki Senior Design Associate
-
Marc Divina Design Associate
CloseMarc DivinaDesign Associate
206.933.7514Marc assists in the design, drafting and modeling of Blueprint builder projects. Prior to joining Blueprint, Marc learned architectural drafting at NSCC and worked for three years on the drafting team at Pb Elemental.
-
George Ganescu Residential Designer/Intern Architect
-
Nicky Hamel Residential Designer/Intern Architect
-
Simin Paksirat Residential Designer/Intern Architect
-
Bobby Shankle Residential Designer/Intern Architect
-
Qisheng Wen Residential Designer/Intern Architect
Loan Operations
-
Jeanne Petershagen Vice President - Loan Operations
CloseJeanne PetershagenVice President - Loan Operations
206.933.7514Jeanne has managed Blueprint’s loan processing, funding and servicing since joining the Company in 2010. She has over 25 years of experience as a senior construction loan administrator. From 1984 to 2000 she held senior processing and servicing positions at US Bank, West One Bank, Security Pacific Bank and Bank of America. Jeanne also has 9 years in the residential construction industry as a general contractor. From 2000—2009 she was a principal in Alexander Reed Construction, Inc., a closely held residential homebuilder in Snohomish County, WA.
-
Carrie Horin Senior Loan Administrator
-
Gary Petershagen Construction Inspector
CloseGary PetershagenConstruction Inspector
206.933.7514Gary performs monthly site inspections and progress reports on all Blueprint funded projects. He has over 26 years’ experience in the construction industry with Belmark Industries, Alexander Reed Construction and CD2IS. Gary is a licensed real estate broker.
-
Nikki Medina Administrative Assistant
Portfolio Real Estate
-
Andrew Withnell Managing Director of Construction
CloseAndrew WithnellManaging Director of Construction
206.933.7514Andrew manages construction and budgeting of Blueprint portfolio projects. He has been in the construction industry since 2010, most recently with Holland Partner Group in Seattle as an associate project manager of two apartment buildings totaling 702 units. Andrew holds a B.A. in Economics from University of Maryland and Certificate in Construction Management from the University of Washington.
-
Matt Campbell Asset Manager
CloseMatt CampbellAsset Manager
206.933.7514Matt is responsible for marketing, leasing and management of Blueprint portfolio real estate. He has been involved in multifamily real estate acquisition and management since 1989. Matt’s experience includes working for Security Properties, Marcus and Millichap and HSC Real Estate Inc. While at HSC, he directed the acquisition of over 1,400 units with a market value in excess of $70 million and managed a portfolio of 30 market rate and affordable projects totaling over 3,000 units. He currently holds an ownership interest in over 1,900 residential units throughout the Western US. Matt has a degree in Finance and Marketing from the University of Denver and is a licensed real estate broker in Washington.
-
Rob Hill Property Manager
CloseRob HillProperty Manager
206.933.7514Rob is a Property Manager for Blueprint portfolio projects.
-
Scott McSpadden Project Superintendent
CloseScott McSpaddenProject Superintendent
206.933.7514Scott is a site superintendent for Blueprint portfolio projects. He has been in the construction industry since 1995 with extensive, on-site commercial and residential construction experience.
-
Kyle Stenson Project Manager
CloseKyle StensonProject Manager
206.933.7514Kyle assists in managing the construction of Blueprint portfolio projects and information technologies.
-
Dimong Dy Construction Accounting Manager
CloseDimong DyConstruction Accounting Manager
206.933.7514Dimong assists with construction accounting, budgeting and contract management for Blueprint portfolio projects.
-
Stefan Fjeldstedt Assistant Superintendent
CloseStefan FjeldstedtAssistant Superintendent
206.933.7514Stefan assits the project superintendents on Blueprint Portfolio projects.
Finance and Accounting
-
Trina Mills Controller
CloseTrina MillsController
206.933.7514Trina leads the accounting for Blueprint entities as well as for many member builders, including all general ledger accounting, accounts payable, accounts receivable, payroll, reconciliation and reporting. She is a long-time employee of the founders of Blueprint, having served since 2003 as the accounting manager and controller of various Blueprint affiliates. Trina has over 30 years’ experience in construction industry accounting including 10 years providing training and support for Budgetrac Systems, an enterprise accounting software program
-
Larry Pyne Finance Officer & Investor Relations
CloseLarry PyneFinance Officer & Investor Relations
206.933.7514Larry serves as Blueprint Capital’s Finance Officer.
-
Pamela Carpinelli Accounting Associate
ClosePamela CarpinelliAccounting Associate
206.933.7514Pam provides bookkeeping and administrative services for Blueprint member builders including invoice processing, job cost coding, accounts payable and insurance certificate tracking. She has over 14 years’ experience in administrative roles for local construction companies.
-
Megan Bennett Accounting Associate
CloseMegan BennettAccounting Associate
206.933.7514Megan provides bookkeeping and administrative services for Blueprint member builders including invoice processing, job cost coding, accounts payable and insurance certificate tracking.
-
Debra Clang Office and Event Coordinator
CloseDebra ClangOffice and Event Coordinator
206.933.7514Deb manages Blueprint’s office administration. She coordinates company events and assists with special marketing projects. Prior to joining Blueprint she spent 10 years in the culinary arts field and 10 years in a specialty dentistry office.
-
LAND
ACQUISITIONSell your property to a pre-qualified builder
-
BUILDER SERVICES
See the Blueprint Advantage
-
New home
searchFind new homes before they are listed