Departure of Jordan Selig Signals Changes in Family Real Estate Firm

April 4, 2025 - 19:49

In a significant shift for the family-owned real estate company, Jordan Selig has announced his departure after many years of service. This change comes at a time when the firm, established 67 years ago, is grappling with substantial financial difficulties, particularly within Seattle's struggling office sector. The company has seen its portfolio affected by the broader economic challenges that have led to rising vacancies and decreasing demand for office space in the area.

As the real estate landscape continues to evolve, the departure of Selig raises questions about the future direction of the firm. Stakeholders are closely monitoring how this leadership change will impact the company's operations and strategy moving forward. With the office market under pressure, the firm may need to adapt its approach to survive in a competitive environment. The coming months will be crucial as the company navigates these challenges and seeks to redefine its role in the local real estate market.