Logan DeVos
Chief Executive Officer, SMI Real Estate
Keizer, OR 97303
Phone (541) 602-1068
Property Types
Multi-Family
Markets
Portland
Languages
English
Bio
He immediately began participating in the market, accumulating a commercial real estate portfolio one asset at a time. Today, through his private real estate holding company, the portfolio represents roughly a $30 million dollar asset base, diversified in multifamily, office, retail, self-storage, and developable dirt. Logan’s portfolio is exclusively located in Oregon, up and down the I-5 corridor; sticking to the mantra of; “If you can’t drive by, don’t buy.”
Logan credits the expedient growth of his portfolio to a focus on acquiring underperforming assets, in which through a well defined business plan, may be repositioned to accelerate net operating income and corresponding valuation. Additionally, Logan has developed several metrics to assist in the decision making process of when to reposition an existing asset in pursuit of greater economic benefits, providing a level of clarity through the buy/sell decision making process.
Logan subsequently retired his real estate license in 2021 in order to isolate his perceptions exclusively through the lens of a real estate investor. His career as a real estate broker, as well as overseeing and managing a portfolio of roughly 400 apartment units for unrelated owners, provided valuable insight on the brokerage and property management industry which has allowed for a more cohesive relationship with those industry participants that Logan now considers Trade Partners.
Having developed his base of knowledge and investment philosophy through the time of the Great Recession greatly influenced Logan’s investment methodologies, and led to the creation of a framework of checks and balances to facilitate the pursuit of reward while also mitigating risk while participating in a capitalist economy.
