Investor Profile - WA
Mervin Lessley
Mervin Lessley is a real estate investor and operator based in Seattle-Tacoma, WA. Public filings show activity across 55 properties held through 4 holding companies. Recent mortgage relationships include Mountain Pacific Bank, 1ST SECURITY BANK OF WASHINGTON, and 1st Security Bank.
Mervin's Activity
As of June 2026, public records show approximately $29.5M in recorded mortgage exposure linked to this investor across at least 32 mortgage filings and 55 properties held through 4 holding companies. Activity appears concentrated in residential and vacant assets recorded between 2016 and 2026.
Associated People
Primary Geography
Seattle-Tacoma, WA
ZIP codes: 98011, 98203, 98037, 98036, and 98155
Most activity in LYNNWOOD, BOTHELL, EVERETT, SHORELINE, and LAKE FOREST PARK.
Property Type Breakdown
Associated Entities (4)
WA · 14 properties · 28 mortgages
WA · 30 properties · 1 mortgage
+2 more entities not shown
Mortgages (32)
Top Lenders
$23.7M · 18 loans
$2.8M · 1 loan
$2.0M · 1 loan
| Date | Amount | Status | Lender | Borrower | Address |
|---|---|---|---|---|---|
| 04/17/2026 | $230k | Open | Mountain Pacific Bank | ADAIR ENTERPRISES LLC | - |
| 04/17/2026 | $935k | Open | Mountain Pacific Bank | LARCH WAY PROPERTIES LLC | 15916 LARCH WAY, LYNNWOOD, WA 98087 |
+30 more not shown
Owned Properties (55)
| Address | Deeded owner | Status | Consideration |
|---|---|---|---|
| 15916 LARCH WAY, LYNNWOOD, WA 98087 | LARCH WAY PROPERTIES LLC | Owns - 2 mos | $935k |
| 1125 90TH ST SW, EVERETT, WA 98204 | ADAIR ENTERPRISES LLC | Owns - 6 mos | $800k |
+53 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 Seattle-Tacoma, WA.
What companies is Mervin Lessley associated with?
Mervin Lessley is associated with 4 entities based on extracted signatures from public records. Key entities include ADAIR ENTERPRISES LLC, ADAIR PROPERTIES LLC, LARCH WAY PROPERTIES LLC, and 8TH AVE GROUP LLC.
How many properties are associated with this investor?
At least 55 properties are associated with Mervin Lessley and the entities they control, based on signatures extracted from recorded documents connecting Mervin Lessley to the entities.
Which lenders has this investor worked with?
Recent mortgage activity references Mountain Pacific Bank, 1ST SECURITY BANK OF WASHINGTON, and 1st Security Bank, indicating a mix of lending relationships.
How recent is their activity?
Records show activity from 2016 through 2026, with the most recent mortgage recorded in 2026.
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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