Precision Management Company Overview
Precision Management Company is a professional property
management company established by Patrick Welton in 1994. Patrick’s
sole focus was to provide professional and personable management
services to his clients.
Located in Kirkland, WA, Precision oversees and manages
multifamily, mixed-use retail, and commercial properties in the
greater Seattle area; from as far north as Lynnwood, to as far
South as Tacoma.
Precision’s project experience includes management of residential
properties, renovations, pre-development consultation, and
lease-ups. Many clients have been with Precision for 15+ years.
This is due to the personal service they receive and the trust that
has developed over those years.
Over the last 23 years, Precision has developed not just business
relationships with their clients, but also friendships. Maintaining
that trust and relationship throughout the years, is why our
clients choose and trust Precision.
At the very core, Precision’s management philosophy is what sets us
apart. Precision focuses on providing detailed, efficient, and
personalized care to each of our clients while understanding and
meeting their goals and objectives. Our clients and residents are a
priority to us and always come first.
Precision is committed to ensuring the highest quality of staff at
all our properties. Hiring the best staff possible, at all levels,
and retaining these employees for many years is extremely
Standards of Excellence
Precision Management maintains extremely high ethical standards and
privacy of our clients. Each member of our team undergoes an
in-depth background check and extensive training period before they
are hired. We seek only reliable, brilliant and sophisticated
candidates, and our intensive screening process allows us to bring
the highest quality employees directly to your door.
President & Founder
President and Founder, Patrick Welton, has been in various forms of
property management for the past 30 years. Starting in Hospitality
Management for the Red Lion Hotel chain, he moved to residential
Property Management in 1984, joining Magnuson Management Company,
where he was promoted to Vice President.
1988 brought further opportunities for Pat when he became president
of Centron Management Company, which at the time, was one of the
largest apartment developers in the Pacific Northwest. He completed
over 6,000 units in lease up during that time and in 1989 combined
Centron's accounts with those of Commonwealth Pacific. Pat became
the President of the new company, Premiere Management Company, in
Seattle, Washington. Under Pat's guidance, Premiere grew to 9,000
apartments and 200,000 square feet of commercial space in three
states. Pat left Premiere in 1994 to start Precision Management
Pat is a 1982 graduate in Business Management from Central
Washington University. He has spoken to national audiences at the
Oregon Apartment Association, Washington Apartment Association, and
the apartment industry trade show, Trends, where he has been a
featured speaker on multiple occasions. In addition, he has
been published nationally in the Journal of Property Management.
Pat is also a Certified Property Manager (CPM).
Precision currently utilizes one of the largest multifamily
accounting software programs, AMSI. This system is fully integrated
and supported by all our staff. Property managers are well-trained
and extremely knowledgeable with the system.