About Us

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.

Management Philosophy
 
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 important.
 
Standards of Excellence
 
Precision Management maintains extremely high ethical standards and a strict privacy policy. We uphold these standards to ensure the 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 Company.

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).
 
Accounting Software

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.