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Alumni and Friends Directory

Patrick Nelson

Patrick Nelson

Title: Principal, CEO, and President

Company: Nelson Partners

Biography:

Following years of individual prosperous experience in the investment arena, brothers Patrick and Brian Nelson founded NBPRE, a company formed in 2007 to focus on acquiring, managing, operating and developing student housing and assisted living real estate investments. During its successful year of operation, NBPRE was involved in 37 syndicated real estate programs. NBPRE’S programs raised approximately $250,000,000 from over 1,000 investors, purchasing roughly $645,000,000 in real property, including four assisted-living and thirty-one university student-housing properties, including one ground-up student housing development project. Mr. Nelson, as CEO, was instrumental in creating and implementing new marketing strategies and overseeing millions of dollars in rehab and improvements from inception to completion. In addition, he developed the strategies to allocate the highest and best use of these funds in relation to leasing and occupancy rates, creating long-term value for investors. He has worked extensively on-site with the property manager, contractors, architects, investors and directly with residents to develop and identify prudent renovation plans that create value to investors by achieving increased rental rates with a measurable “bang for your buck” focused strategy.

In April 2018, the brothers made a business decision to go their separate ways dividing their investment properties equally, with Patrick Nelson re-establishing his real estate holding as Nelson Partners, LLC. Recently Nelson Partners added to its student-housing portfolio with properties in Greeley, CO as well as Bellingham, WA.

Mr. Nelson brings practical knowledge and understanding of real estate acquisition, property management, underwriting, rehabilitation underwriting, 1031 strategy and investor expectations. He has experience in property due diligence, research and suitability analysis. Mr. Nelson has secured over $380,000,000 in debt and refinancing for investments from a variety of lenders, including local and national banks, Fannie Mae, HUD, credit unions, and seller carry back financing.

Mr. Nelson holds a B.S. degree in finance from Brigham Young University and an M.B.A. from Utah State University. He and his wife are the proud parents of five adorable daughters and reside in South Orange County, CA