Shelter Resources has been a valued relationship for over a decade. Hunt Real Estate Capital and Shelter Resources, Inc. have worked for years to adapt business plans to new environments, create products to maximize investor benefits, and bring solutions to complex deals. SRI has the experience, knowledge, and resources to move quickly and adapt to changes. As a client, Shelter is trustworthy and a delight to do business with. As owner, Len Brannen and his team continue to focus on bringing affordable housing to those who need it most.
Stifel, Nicolaus & Company, Inc. has provided financing to Shelter Resources through several tax-exempt affordable housing bond issues during the past five years. These financings have tended to be complex and SRI has always been responsive and flexible as we worked through various challenges to get to the closing table. We thoroughly enjoy working with Len and the whole SRI team and look forward to many more successful closings in the future.
It’s always a rewarding experience to work with Len Brannen and all the folks at Shelter Resources. Over the past 15 years, it’s been my great privilege and pleasure to collaborate with SRI and their various non-profit partners to create numerous affordable housing projects around the state. SRI is thoroughly committed to developing high quality projects to serve the needs of residents and promote community values.
Casassa Construction Co.’s association with Len Brannen and SRI goes back over 20 years. During this time we have built 15 multi-family projects both for families and seniors averaging 28+ living units each for SRI. Throughout this entire time, SRI has never failed to make an on time draw payment. Quite an amazing feat considering 10’s of millions of dollars involved. SRI’s excellent payment record enabled me, as a general contractor, to recruit the best suppliers and sub-contractors which in turn resulted in projects constructed within the imposed budget and time constraints. It has been a pleasure to work with a company with such a high level of honesty and integrity. Thanks Len.
Boston Capital has completed numerous transactions with SRI and their performance and professionalism continues to exceed our expectations. For years, SRI has had a strong presence & stellar reputation in the Pacific Northwest affordable development community and we are proud to have them as partners. We hope to continue this relationship with Len and SRI for many years to come.
Martha & Mary had heard good things about SRI before we agreed to proceed in our journey in developing the Village Green Senior Apartments. However, the SRI team surpassed our already high expectations as we developed and completed that particular joint venture. The integrity, patience, and respect they gave to our organization and our community was very impressive. The project has been impactful for the north Kitsap community and has been a very proud extension of our mission in the region. I would look forward to working with SRI again if such a mutually beneficial project were to exist.
After working with Len Brannen for more than 25 years, and arranging financing solutions exceeding $100 million to help bring his affordable housing development visions to completion, I could not have a higher level of confidence in Shelter Resources. Len and his team have an extensive understanding of affordable multifamily and seniors housing development, management, and operations, as well as an award-winning track record that all combine to make them a respected and valued business partner.
The Multi-Service Center has worked successfully with SRI for over 10 years on 7 affordable housing projects and we have been very pleased with SRI’s performance. SRI has had the expertise and knowledge to help us effectively work through even the most daunting project challenges. SRI provides resources and a level of support that we have found to be not only helpful but also unique. We are proud of our partnership with SRI and I would highly recommend SRI to any non-profit organization involved in affordable housing development.
We’ve worked on multiple transactions with Len and his team and have been consistently impressed with their professionalism, attention to detail, and sophistication. From development of ground-up urban mixed-use to preservation of financially challenging rural assets, their creativity and dedication to affordable housing has created effective and stable executions for the benefit of their residents and communities.
GP Realty Finance has worked with Len Brannen and his team at Shelter Resources to arrange financing on numerous affordable housing projects. They have demonstrated an ability to handle very complex structures and work through resulting issues as they arise. They have done this with integrity and tact. Our lenders all desire to expand their relationship with SRI.
Enterprise looks forward to continued investment alongside Len Brannen and his team at SRI. We’ve found SRI to be thoughtful, creative, and flexible with the development process both meeting the various objectives of the affordable housing programs and, most importantly, providing quality homes for the residents of their communities.
The WCRA was formed in 1992 and in 1994 started its long standing relationship with Shelter Resources Inc. (“SRI”). Over the years, we have made many long term loans for affordable housing apartment buildings that SRI developed. Our partnership continues to this day with financing across the state of Washington providing loans for SRI to create quality housing for their own account and others. We consider SRI a great developer and WCRA partner.
We’ve enjoyed a successful relationship working with Shelter Resources. Their team members are professional and they have a thorough understanding of the affordable and senior housing development markets. Dawson Construction looks forward to additional opportunities to partner with Len Brannen and the SRI team.
CE & C, Inc. has been building projects for Shelter Resources, Inc. for several years. They are a great team to work with on the important projects they pursue. They understand the building process and allow us to work with them and for them. I wish all our owners were this professional.
The Arcand Company and Columbia Housing Corporation (later sold to PNC Bank) worked with Len Brannen and Shelter Resources on several Pacific Northwest properties commencing in the 1980’s; and continue to work with them on the disposition and repositioning of those and other investments. In my experience, Len and his SRI team are amongst the best in the industry; extensive knowledge and persistence to accomplish that which others cannot. I endorse Len and Shelter Resources to anyone who is considering working them in any capacity.
Over the past twenty years, Shelter Resources Inc. has been an invaluable partner of ours, and has contributed significantly to our success in sponsoring the development of affordable housing. Through our many partnerships, we continually benefit from the expertise and professionalism of its people, and appreciate their sophistication in the financing, development and ownership of affordable housing here in the Pacific Northwest.
As an architectural firm dedicated to community housing solutions, we consider ourselves fortunate to have developed a professional relationship with Shelter Resources, Inc. Len Brennan and his staff are committed to this type of work; affordable housing. SRI is dedicated and diligent in their efforts to put projects together. Their work ethic is noteworthy; they are thorough and accurate and maintain a true “Team Spirit” from beginning design through construction completion. I believe it is SRI’s integrity that continues to bring repeat clients.
The Shelter Resources team has an unmatched ability to combine intricate operational programs and complex financial structures. And they do this, not just as another financial “deal”, but with a deep and heartfelt commitment to the future users. Their ability is evident from project inception through construction, lease-up and long term management. Their ability has contributed to the betterment of the lives of tens of thousands of individuals and families.
RHA completed multiple projects with SRI and found their experience to be a significant ally in getting projects successfully to the finish line. We have a high degree of trust that their focus is assisting the Housing Authority in meeting it’s housing mission. SRI has exhibited a patient willingness to engage with us the difficult challenges of affordable housing development over extended time frames. We look forward to ongoing engagements.
Having shared offices and partnered on deals with Len over the past twenty five years I have witnessed the growth of Shelter Resources first hand. Led by his tenacity and drive to succeed Shelter has become a recognized and highly regarded player in the competitive arena of affordable housing. He and his team have developed the patience and “never quit” attitude necessary to continually pursue funding sources for various housing proposals. It is not uncommon for the development process to run four to five years and involve several funding cycles. Through it all this group stays on task to the closing table. Len has been an excellent partner through many complicated transactions and stressful situations. His consistent calm demeanor and compromising approach to difficult issues is always appreciated by my partner and I at Campbell-Hogue.