Patrick Stelmach
First Vice President at Cbre
Based in Sacramento, United States
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Seniority
Vp
Department
General Business & Management
Location
Sacramento
Industry
Real Estate
Company size
72K
Contact information
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p•••••••@cbre.com
Phone
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Background
About Patrick Stelmach
Patrick Stelmach is an urban land specialist focusing on land sales for residential development. Specializing in representing sellers of infill land around the Sacramento, Sierra Nevada and Central Valley regions of California for the development of multi-family, single-family, affordable housing, and mixed-use projects, Mr. Stelmach assists clients with complex dispositions of all types, including entitled land, surplus land, raw land within existing development patterns, master planned developments, as well as underutilized commercial buildings that derive greater value as land reimagined as new residential projects. With a background in office, retail, and industrial properties, Mr. Stelmach has experience and knowledge of many asset types. In identifying acquisition opportunities, he brings subject matter expertise in zoning, planning and permitting processes, financing, environmental concerns, and community engagement. The combination of these experiences provides credibility as it pertains to underwriting land for residential development projects. Throughout his ten-year career, he has leased and sold more than sq. ft. in Sacramento’s urban core with more than $350 million in consideration. His belief that creating more affordable housing, at all levels of affordability, is one of the pillars to solve social issues in the state of California is what drives him forward. Mr. Stelmach is joining CBRE to deepen his brokerage practice in land sales, broaden his geographic scope, and service his clients at the highest level. His clients benefit by leveraging CBRE’s top-performing multifamily and investment sales teams, as well as the firm’s global marketing resources, data research, capital markets, and valuation service lines. Prior to joining CBRE, Mr. Stelmach was a Vice President with Turton Commercial Real Estate. He has a Bachelor of Arts degree in Political Science and a Bachelor of Science degree in Society and Environment from University of California at Berkeley.
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