After years of working in and with general commercial real estate brokerages throughout the Pacific Northwest, in 2004 Joseph & Michelle Kennedy, in conjunction with veteran hotel broker Robert Burkette, decided it was time to branch out on their own. The founders positioned Crystal Investment Property, LLC. as a boutique specialty brokerage solely focused on serving the needs of hotel owners and investors in Oregon, Washington, Idaho, and Montana. While in the years following the birth of CIP, Bob moved into a consultant role, retired in 2005 and then passed away in 2010, the founders’ shared commitment and vision have persisted under the Kennedy’s stewardship.
Our goal remains to serve our diverse client base as the premiere hospitality investment brokerage company in the Pacific Northwest. We maintain the most cutting edge technological, on-line and social media presence as well as a full range of traditional and web based marketing reaching local, regional, national and international clientele. Our cores services are supported by innovative and creative solutions to maintain our position as the most active and successful hotel broker in the region. We are proud to say that we are the Northwest Hospitality Specialists.
Joseph & Michelle Kennedy actively manage client services and operations, personally bringing over 50 years of combined experience with Investors and Owners in Hospitality and Commercial specialties. Such capability creates results-oriented and dynamic brokerage services and insures CIP successfully completes transactions when others simply can’t.
We are Brokers, Owners & Managers offering you unequaled expertise!
Joseph P. Kennedy, President
Crystal Investment Property’s President and lead Broker is Joseph Kennedy. Joe is a thirty year hotel and restaurant industry veteran who has held positions with Hyatt and Gilbert & Robinson. Since founding CIP in June of 2004, he has closed more than $300 Million in hotel asset transactions.
With this impressive track record of hotel closings, CIP has become one of the leading hotel brokerage companies in the Pacific Northwest. Joe’s customer base ranges from individual property owners to regional management companies to international real estate ownership companies, and CIP has worked with many of these clients on a repeat basis through multiple successful transactions.
Licensed Real Estate Broker in Oregon and Washington. Licensed Salesperson in Idaho.
Michelle L. Kennedy, Partner & Principal/Designated Broker
As Partner and Principal/Designated Broker, Michelle is responsible for operations oversight, transaction management, marketing coordination and general back-office systems. Michelle has assembled a team of talented web and marketing designers and behind the scenes assistants which allows her to focus resources as needed to meet the diverse needs of each CIP client.
Michelle has a 20-year background in administration, real estate and legal education, contracts, and operations management for regional commercial real estate firms.
Licensed Principal Broker in Oregon and Idaho. Licensed Designated Broker in Washington. Licensed Broker in Montana.
Andrew J. Kennedy, Investment Associate
Andrew joins Crystal Investment Property effective August, 2017, as an Investment Associate following his recent graduation from the University of Southern California (USC) Marshall School of Business with a Bachelor of Science Degree in Business Administration. Andrew was stationed at Camp Pendleton as well as serving overseas in Okinawa and Afghanistan during his tenure from 2008 to 2012 in the United States Marine Corps. Andrew brings exceptional discipline, focus and financial acumen to his role serving the needs of hotel owners and investors in the Pacific Northwest.
Chelsea N. Welborn, Investment Associate
Chelsea joined CIP in 2015 as Director of Marketing, managing development and implementation of all media channels for active listings, institutional communication, and investor outreach. Chelsea graduated in 2014 from University of Portland with a Bachelor of Arts in Philosophy and gained extensive experience as a marketing and systems administration consultant working with a diverse range of businesses in the Pacific Northwest. Chelsea is expanding her role as she manages a staff of marketing assistants and moves towards greater active client involvement as an Investment Associate.