Business Background
Companies
Cain and Scott, Inc. (1977), co-founder
Northwind Fisheries, Inc. (1980), co-founder
Yankee Clipper, Inc. (1983), co-founder
Plants, Inc. (1987), co-founder
Reliance Asset Management (1993), co-founder
Apartment Insights Washington LLC (2004), co-founder
Communities Living and Inspiring Mutuality, Inc., 501 (C) (3) (2011), co-founder
Science-Based Awakening LLC (2018), founder
Keynote Speaker
Appraisal Institute
Colliers Investor Symposium
The Counselors of Real Estate
National Association for Industrial and Office Parks
The Rainier Club Real Estate Roundtable
Trends Rental Housing Management and Trade Show
Articles in National Publications
Barron’s
Builder (National Association of Home Builders)
Real Estate Review (also a book reviewer)
Urban Land (Urban Land Institute)
Mentions in the Press / Media Coverage of Research
Tom Cain’s apartment market research findings have appeared in approximately two dozen newspapers and magazines, including Newsweek, USA Today, and The Wall Street Journal.
Volunteer Contributions
Central Puget Sound Real Estate Research Committee (formed in 1951; dissolved in 2016) This venerable nonprofit organization was comprised of industry leaders in the Seattle area. For most of its existence, it was the primary source of real estate information for Seattle and the surrounding areas. As a member from 1981 to 2016, Cain served as a founding member of the Apartment Value Trends report and later, was the sub-committee head of the Apartment Rent and Vacancy Trends report. Cain also served as treasurer.
Pioneering Research
Cain and Scott, Inc. was a research-based apartment investment brokerage and appraisal/consulting firm. Beginning in 1979, The Cain and Scott Investor Profile Study was first published. It was the first time in the country that an apartment-value trend report included capitalization rates and gross rent multipliers on an ongoing basis.
The editor of Real Estate Review, the nation’s most widely acclaimed real-estate periodical at that time, acclaimed this study:
“I think you have done an outstanding job. Ideally, every metropolitan area in the country should have the same kind of study that you have prepared, and I certainly would recommend your study as a model for others.”
Today, all major apartment-value trend reports include capitalization rates and gross rent multipliers.
Recognized Authority
Tom Cain was listed in the Puget Sound Business Journal’s Who’s Who in Real Estate and Development.
The Seattle Times Real Estate Editor wrote on January 13, 2018:
“For more than a decade, The Seattle Times, other media organizations, and official sources like city governments have relied on two competing landlord survey groups for information on the local rental market: Apartment Insights Washington, and Dupre + Scott. The Times has cited those firms’ data in more than 100 stories in the past ten years.
In the fall of 2018, Apartment Insights Washington owner Tom Cain said he was selling to business partners in Phoenix who published similar reports in other markets. In December, Mike Scott and Patty Dupre announced they were retiring and closing Dupre + Scott for good.”