Michael Hamilton

Co-Founder @ Seneca Development Company. Specializing in multifamily, senior care and mixed-use development.

[Kay Adams @heykayadams]

Hey guy.

Coby Bryant was the only SB starter they lost on D. Mike MacDonald still calling the D.

[Michael Hamilton @michael____alan]

earth to linkedin, going on 3 weeks of no communication. should i book a flight to sunnyvale and just walk in the HQ at this point?

[Michael Hamilton @michael____alan]

@LinkedInHelp I urgently need assistance with a compromised account.

My LinkedIn profile was hacked, and I’ve already completed identity verification several times, but my account remains restricted for activity that occurred during the unauthorized access.

I’ve submitted multiple support forms but haven’t been able to resolve this, and I need help from a real person to restore access and review the restrictions tied to the breach.

Can someone from your team please assist directly or escalate this case?

I need to communicate with a human because clearly there is a disconnect and at this point I am being told I can't have a linkedin because it was hacked.

[Michael Hamilton @michael____alan]

@GetRealAI Tried all day using realAI and only received error messages

[Michael Hamilton @michael____alan]

@adamstatonsmith What was your cost to set this up??

[Michael Hamilton @michael____alan]

@GetRealAI the system is working. I keep getting error messages when I try and do anything.

[Michael Hamilton @michael____alan]

@GetRealAI This is incredible. Thank you!

[Nick Emmanwori @3mmanwori]

Warriorrrsssss come out to playy-ayyy 😂😂

[Michael Hamilton @michael____alan]

@EvanHillHB Alright this is starting to get embarrassing.

[Michael Hamilton @michael____alan]

@hawkblogger Yes sir! Traveling up from Portland to hit all three

[Michael Hamilton @michael____alan]

Long over due.. but it’s time to buy a Cal Raleigh jersey

[Michael Hamilton @michael____alan]

@adamstatonsmith Hey Adam can you send this to me?

[Michael Hamilton @michael____alan]

I feel the pain…

Thankfully, Portland is voting next month on waiving ALL system development charges for 3 years/5,000 MF units.

[Jake @JakehellerAI]

Developing in LA? Prepare to pay nearly $9,000 per unit… for parks.

Build a 100 unit apartment building in the city of LA and you're on the hook for ~$900,000 in fees specifically allocated for parks and recreation.

But here’s the catch: LA’s ParkScore just dropped to 90th out of the 100 biggest U.S. cities. We’re getting worse while others are improving.

Where is this money going??!?!?!!?!!?!??!!
- $9K per unit multiplied by thousands of units built each year is tens of millions annually.
- Playgrounds are falling apart.
- Maintenance is delayed for months (or doesn’t happen at all).
- City leaders are still “assessing needs”
- LA spends $111 per resident on parks. Compare that to Irvine at $681.

Private donors and nonprofits are stepping in just to provide basic facilities like swings and bathrooms. Meanwhile, developers quietly fund the system with no transparency or accountability.

If we’re going to talk about community benefits… let’s talk about where the community’s money is actually going.

It’s time for LA to fix this.

@MayorOfLA

[Michael Hamilton @michael____alan]

Our team is encouraged by the positive momentum at the city level, and we believe Portland has a unique opportunity to send a strong message: "we're open for business."

https://t.co/ApLApzMCA9

[Michael Hamilton @michael____alan]

@zygar Thank you Ryan!

[Michael Hamilton @michael____alan]

I’m curious.. What’s the best city to be investing in real estate (multifamily specific) and 2 reasons why?

I’ll go first.. I am biased so I say Portland, OR.

Reason 1: Portland's 5-year supply-to-absorption ratio is the lowest in the U.S.

Reason 2: Cheapest west coast city situated between Seattle and San Fran

[Michael Hamilton @michael____alan]

@chernobelskiy Looking forward to the chance to throw one of our deals on here! $15M raised in the last 8 months from HNW individuals and haven’t utilized it yet

[Michael Hamilton @michael____alan]

@pChuck20 CBRE did a study, Portland has the lowest 5-year supply-to-absorption ratio in the U.S. among markets with at least 60,000 apartment units.

Yes bringing in institutional money to PDX vs other markets is a battle.

[Michael Hamilton @michael____alan]

It’s certainly gone through its growing pains and some nonsensical policies like decriminalizing drugs (which has been walked back.) 2020-2023 we’re not our fondest years but there’s a change of tide downtown. Our office is in pioneer square, there’s no long row of tents, open drug use or blatant crime occurring. I’d argue it’s no worse than Seattle, SF or LA. Just more affordable.

Ultimately I don’t think Portland is turning into Detroit. And it’s severely under supplied.

For example: From 2020-2024, Austin, TX had built 122,685 apartment units with an MSA of 2.4 million residents. During that same time, Portland built 10,374 apartment units with an MSA of 2.5 million residents.

We believe m the underlying data indicates a ripe market.