Mar 20, 2026
Trumark Homes Enters Pacific Northwest Market with Acquisition of JK Monarch
Trumark Homes, the award-winning Western U.S. homebuilder, announced today that it is expanding into the Pacific Northwest with the acquisition of Washington-based homebuilder JK Monarch. This strategic addition increases Trumark’s footprint in the Western U.S., with the new Washington Division joining the existing teams in Northern, Central, and Southern California and Colorado.
“We have targeted expansion into the Pacific Northwest for years, and with this acquisition of JK Monarch we can capitalize on the strength of this market,” said Gregg Nelson, co-founder and Co-Chief Executive Officer of Trumark Companies.
Added Michael Maples, co-founder and Co-Chief Executive Officer of Trumark Companies, “Our strategic growth into the Washington market is an important milestone for Trumark Homes, both historically and as a nod to where our company is headed. By combining our operational infrastructure and resources with JK Monarch’s deep market knowledge and regional relationships, we aim to become one of the top homebuilders in the region.”
Founded in 2011 by industry veteran Jonathan Bartels, JK Monarch is a private homebuilder in Washington state that has been recognized regionally as Homebuilder of the Year for many years. Building new home communities across the Puget Sound and Tri-Cities area, active developments currently include Puyallup, Tacoma, Gig Harbor, Bonney Lake, Lakewood, and Enumclaw.
“This is a very exciting time for our company and our team as we join the Trumark Homes family,” said Bartels. “What attracted me to Trumark Homes was the leadership, company values and culture, commitment to excellence and dedication to customer satisfaction. I am excited about the opportunity this provides our team members and trade partners.”
Trumark Homes anticipates bringing the broader JK Monarch team into the organization as part of the transition, as the leadership team will be integral to establishing Trumark’s Washington Division and guiding its continued success. Bartels will serve in an advisory role during the transition. JTW Advisors served as exclusive financial advisor to JK Monarch on the acquisition.
John Willsie, Chief Administrative Officer leading M&A for Trumark, noted, “There is great symmetry between our companies, from our culture, shared values and people-first approach to the foundational commitment to building high quality homes and ensuring our homebuyers have an unparalleled experience.”
With the long-term vision of founders Michael Maples and Gregg Nelson, and the financial support of Daiwa House, Trumark Homes has grown from a private California homebuilder with two divisions into a regional leader with five divisions and $1 Billion of revenue annually over the past 2 years, serving homebuyers from the Pacific Ocean to the Rockies, and now the Pacific Northwest. M&A milestones over the past five years include the organic formation of the Colorado Division in 2021, the acquisition of Central California homebuilder Wathen Castanos Homes in 2023, and the acquisition of Icon Lending in 2024.
For more information about Trumark Homes, please visit: https://trumarkhomes.com.
Recent Posts
Mar 20, 2026
Trumark Homes Enters Pacific Northwest Market with Acquisition of JK Monarch
Trumark Homes, the award-winning Western U.S. homebuilder, announced today that it is expanding into the Pacific Northwest with the acquisition of Washington-ba...
Read More
Mar 3, 2026
Trumark Homes Celebrates Grand Opening at Tri-Valley’s Arroyo Crossings
Trumark Homes, the award-winning Western U.S. homebuilder, celebrated the grand opening of its master-planned community of Arroyo Crossings in Livermore with hu...
Read More
Jan 27, 2026
Trumark Homes Expanding Southern California Footprint in 2026
Trumark Homes, the award-winning Western U.S. homebuilder, announced today that despite uneven market conditions, it is aggressively expanding its Southern Cali...
Read More
Jan 15, 2026
Trumark Homes Announces New Homes in the Central Valley
Trumark Homes, the award-winning Western U.S. homebuilder, announced today plans for 215 new single-family homes in Fresno, California. Verdant at Copper River ...
Read More
Dec 12, 2025
Trumark Homes Secures Additional 37 Lots at Sterling Ranch in Colorado
Trumark Homes, the award-winning Western U.S. homebuilder, announced today that it has acquired 37 additional lots in the award-winning master-planned community...
Read More
Dec 4, 2025
Trumark Homes Debuts New Model Homes At Skyline in Alameda
Trumark Homes, the award-winning Western U.S. homebuilder, announced the debut of a new model home at its waterfront East Bay townhome community, Skyline in Ala...
Read More
