Investor Profile - WA
Merle Schafer
Merle Schafer is a real estate investor and operator based in Tri-Cities, WA. Public filings show activity across 4 properties held through 2 holding companies. Recent mortgage relationships include MARK SALSER and BLUE JAY LAND.
Merle's Activity
As of June 2026, public records show approximately $712k in recorded mortgage exposure linked to this investor across at least 2 mortgage filings and 4 properties held through 2 holding companies. Activity appears concentrated in residential and vacant assets recorded between 2018 and 2025.
Associated People
Primary Geography
Tri-Cities, WA
ZIP codes: 98922 and 98940
Most activity in CLE ELUM and RONALD.
Property Type Breakdown
Associated Entities (2)
WA · 1 property · 2 mortgages
WA · 0 properties · 0 mortgages
Mortgages (2)
Top Lenders
$550k · 1 loan
$162k · 1 loan
| Date | Amount | Status | Lender | Borrower | Address |
|---|---|---|---|---|---|
| 07/01/2024 | $162k | Open | BLUE JAY LAND | MERLE INC | 341 ROCKROSE DR, RONALD, WA 98940 |
| 05/03/2018 | $550k | Open | MARK SALSER | MERLE INC | 210 BIG ROCK LN, CLE ELUM, WA 98922 |
Owned Properties (4)
| Address | Deeded owner | Status | Consideration |
|---|---|---|---|
| 341 ROCKROSE DR, RONALD, WA 98940 | MERLE INC | Owns - 23 mos | $180k |
| 120 GOLD LEAF LN, CLE ELUM, WA 98922 | PAINTBRUCH LAKE LLC | Sold | $532k |
+2 more not shown
FAQ
What type of real estate does this investor focus on?
Associated mortgages and deeds show activity in residential and vacant properties across Tri-Cities, WA.
What companies is Merle Schafer associated with?
Merle Schafer is associated with 2 entities based on extracted signatures from public records. Key entities include MERLE INC and PAINTBRUSH LAKE LLC.
How many properties are associated with this investor?
At least 4 properties are associated with Merle Schafer and the entities they control, based on signatures extracted from recorded documents connecting Merle Schafer to the entities.
Which lenders has this investor worked with?
Recent mortgage activity references MARK SALSER and BLUE JAY LAND, indicating a mix of lending relationships.
How recent is their activity?
Records show activity from 2018 through 2025, with the most recent mortgage recorded in 2024.
How is associated activity determined?
Elementix uses AI to extract signatures from recorded documents. These signatures are used to determine the relationships between people and entities. This is a novel approach that goes beyond looking at corporate filings and skip-tracing.
The information displayed on this page is compiled from recorded real estate documents, business filings, and other lawfully available sources. Elementix summarizes and analyzes public record activity related to investment real estate and associated business entities. Any contact indicators shown (such as email domain references or partial phone digits) are provided solely as unverified signals and may be incomplete or outdated.
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