Peter Folkins

Principal Broker

 

Peter is co-founder and Principal of New Ventures Group.  He has an established reputation for providing comprehensive real estate advisory and brokerage service to municipalities, public agencies, and owners of significant real estate holdings. Peter has acquiredin commercial, retail, multi-family, and other zoning designations for public and institutional facilities that include police and fire stations, libraries, schools, school support facilities, parks and recreation properties, and civic facilities.

Peter’s primary focus at New Ventures has been siting and site acquisition for public facilities. His approach is systematic and proven. It involves the client from the outset, and requires an understanding of the special demands public process. Unlike private sector transactions, the public acquisition usually involves properties that are not for sale, assemblages of properties/ownerships, and public involvement.  The entire siting process is documented thoroughly in expectation of public scrutiny.

Peter has become a specialist in the area of public facility site selection using GIS-based analysis as a primary site selection criterion. GIS-based siting is critical for public safety facilities, but it is also a very valuable tool to optimize the site location for any agency that is concerned with broad public access, delivery cost and convenience, and public presence. Recent projects include site acquisitions for Fire District No. 1 for a new headquarters and training facility and two satellite stations in Lynnwood and Brier.

Peter holds an MBA in Finance and Real Estate from the University of Southern California. He is a registered Real Estate Broker in the State of      Washington.