Billy Pettit is responsible for the strategic planning and growth of the company and maintains oversight of Pillar’s operations and development teams. Under his leadership, Pillar Properties has flourished and the company has been recognized with numerous awards. The company’s explosive growth has led to seven consecutive appearances on the Puget Sound Business Journal’s annual list of the Top 100 Fastest Growing Private Companies, as well as five consecutive appearances on the INC 5000 List of America’s Fastest Growing Private Companies. Based on team member satisfaction, Pillar has been recognized as one of Washington’s Best Workplaces by The Puget Sound Business Journal four times and also by Seattle Business Magazine twice. Pillar has also received national recognition with six consecutive top-five rankings, twice finishing number one overall, on the annual resident satisfaction survey conducted by SatisFacts. Pillar Passions, the company’s philanthropic initiative, received the Multifamily Executive Community Service Award for 2016.
Pillar Properties currently has a portfolio of more than 1,800 apartment units throughout the Puget Sound region, with plans to add another 1,500 units over the next several years. As the developer for sister-company Merrill Gardens, Pillar has added over 3,000 units to the senior housing portfolio and is currently managing an active development pipeline of over 10 projects. To-date, Pettit has been involved in over 30 development projects with a combined total cost in excess of $2 billion.
Pettit currently serves on the Board of Directors for the Washington Multi-Family Housing Association (WMFHA). He was named to the Puget Sound Business Journal 40 Under 40 Class of 2017 and the Urban Land Institute 40-Under-40 Class of 2016. He also received the Multi Family Executive Rising Star of the Year Award in 2013 and is a former member of the National Investment Center for Seniors Housing Future Leaders Council and the Urban Land Institute’s Center for Sustainable Leadership program. Pettit holds a B.A. in Economics from Hamilton College, and an MBA in Finance from the Foster School of Business at the University of Washington.