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About Us

Who We Are

Washington Capital is a 100% employee-owned firm. We believe this unique ownership structure is directly linked to the firm’s growth and success and has allowed us to build a cohesive and collaborative firm culture. We have a team-oriented approach to meeting the needs of our clients and investment partners. This sense of collaboration is reflected across the organization.

We are an intellectual capital organization. We believe our clients’ interests are best met by building a team of qualified, focused and motivated professionals. As such, firm ownership is an important means for us to attract and retain professional talent. We believe our historically low turnover is directly correlated to our ownership structure.

We invite you to meet our team by selecting the link below.

Who We Are

Washington Capital is a 100% employee-owned firm. We believe this unique ownership structure is directly linked to the firm’s growth and success and has allowed us to build a cohesive and collaborative firm culture. We have a team-orientated approach to meeting the needs of our clients and investment partners. This sense of collaboration is reflected across the organization.

We are an intellectual capital organization. We believe our clients’ interests are best met by building a team of qualified, focused and motivated professionals. As such, firm ownership is an important means for us to attract and retain professional talent. We believe our historically low turnover is directly correlated to our ownership structure.

We invite you to meet our team by selecting the link below.

Business Professionals Walking on Sidewalk

What We Do

Washington Capital offers institutional investors with real estate, real assets, fixed income and stock investment strategies. WaCap manages separate portfolios for qualified individuals, endowments and foundations.

In addition, we provided a variety of consulting services to Trusts seeking advice and representation for properties owned by the Trust.

Corporate History

2017WaCap acquires Great Point Investors, LLC, maintaining the office in Boston, Massachusetts.
2012Cory Carlson becomes chief executive officer.
2010Southern California office moves from San Diego to Hermosa Beach.
2008Office opened in San Francisco, California.
1998Office opened in Portland, Oregon. WaCap acquires loan portfolio from AMRESCO, keeping office in San Diego, California.
1997WaCap acquires Compass Group from US Bank, adding regional representation in Spokane, Washington, to facilitate real estate related business. 
1996WaCap begins offering pension fund clients a strategy to invest in real estate equity.
1991The company’s name is changed to Washington Capital Management, Inc. Mike Russell becomes chief executive officer.
1990The organization moves their office to Seattle, Washington.
1987With contributions from several Taft-Hartley pension trusts, an investment strategy was created to invest in construction and permanent mortgages for union-built projects. El Jahncke begins his affiliation with the firm, later becoming president.
1983Mike Russell joins the organization as chief investment officer and initiates investment products in equities and fixed income.
1981Offices are moved to Kirkland, Washington.
1980Jim Hubbard, a Seattle attorney, joins the firm as a partner to market services to the building and construction trades. The firm is renamed Krehbiel & Hubbard, Inc.
1978Local businessman John Krehbiel starts a small investment advisory firm in Bellevue, Washington, called Equity Timing Consultants, Inc. The firm provided a tactical asset allocation product to increase equity participation in up markets and reduce exposure in down markets.

Where We Work

Blue Diamond

Our Properties

Yellow Diamond

WA Capital Offices

Southern California

Northern California

Northern California

Southern California