Solving the Middle Market Technical Deficit
The greatest threat to wealth isn’t an asset—it’s the “Technical Deficit” of transactional brokers prioritizing closing fees over your IRR.
Built on the disciplined foundation of Realty Yield, Metric was built to solve this deficit. We don’t just “list” or “find” properties; we treat real assets as engineered financial instruments.
$1B+
Closed Volume
25+
Years Experience
Two
Hubs in Las Vegas & Portland
Who We Serve
For Private Principals
$5M – $50M+ Net Worth
Transaction Size
~$5M – $25M
Includes
Family Offices
CPAs
Attorneys
Key Challenges
Yield Drag
Tax Leakage
Unnecessary Market Exposure
Our Approach
Operating at the intersection of private capital and institutional-grade real estate, we combine rigorous analysis with street-level deal-making instincts forged across market cycles.
We don’t just run analytical models; we use them as leverage to execute better deals through aggressive sensitivity tests.
Institutional-Grade Tools
Rockport VAL
Stessa Pro
Top-Tier Training
Harvard University
MIT
Columbia University
NYU
The Returns
From 2011 to 2022, nearly every acquisition worked due to low rates and rapid appreciation; 20% annualized returns were common. Today, engineering a yield requires a specific set of tools and street credibility that the standard brokerage model lacks.
Impact of Precision on $5M Equity Position (End Year 5):
Passive Execution
5.0% Return
$6.38M
VS.
Engineered Execution
7.5% Return
$7.18M
Select different equity and return outcomes to see impact:
Engineered Deals. Verified Outcomes.
Mike Carlson is the Founder of Metric Real Asset Strategies and a career advisor to private investors in income-producing real estate. Over 25 years, he has directly brokered well over $1 billion in transactions, overseen several hundred million in additional deal volume, and arranged hundreds of millions in structured financing for his clients.
Serving as a strategic, fiduciary extension for principals and their professional legal and tax teams, Mike specializes in “Engineered Execution.” He is widely recognized for managing complex 1031 Arbitrage and Capital Migrations—bridging Pacific Northwest roots with Southwest operations to capture superior yields while mitigating tax leakage. By stress-testing portfolios against 200 bps interest rate shifts, he helps clients with assets ranging from $5M to $50M+ build durable wealth through disciplined, rigorously structured property strategies.
This disciplined approach is reinforced by a robust ecosystem of top-tier external advisors. Metric’s collaborative bench includes CPAs with deep real estate tax law expertise, estate and legacy planning attorneys, and highly experienced 1031 accommodators. To ensure every facet of a client’s portfolio is optimized for long-term preservation, Mike integrates a suite of specialized, vetted resources including syndication firms, cost segregation engineers, Delaware Statutory Trust (DST) analysts, and Qualified Opportunity Zone consultants.
Internally, the firm’s operational excellence is driven by a dedicated team, including Mike’s executive assistant and transaction coordinators, who guarantee an efficient, airtight process for every closing and 1031 exchange completion. By leveraging advanced AI tools and modern efficiency protocols, Metric operates with the agility and sophistication of a premier, much larger family office—delivering institutional-grade results with the high-touch attention of a boutique advisory.
Managing Principal, Mike Carlson
Mike Carlson has the ability to analyze and plan a strategy which takes advantage of market conditions, incorporates the best financing options and most importantly, maximizes the return on your equity. I have been working with Mike on multi-family investments for over twenty years. The reasons are simple: experience, depth of knowledge and advocacy.
— Gary M (2003 to current)
Mike’s handling of my 1031 Exchange couldn’t have been less stress free. Carlson made my sale contingent upon first finding suitable exchange property. I had plenty of time to find just the right new property. Make no mistake about it; there is a distinct advantage in utilizing an experienced financing liaison. Carlson not only found suitable properties but also good financing. He made the entire deal work!
— John B (2003 to current)
I have worked with Mike for over a decade on dozens of successful transactions. Mike is as comprehensive as they come for his clients, with expertise around all areas of commercial real estate investing in sales brokerage, finance and lending as well as tax and long-term strategies. He has built many deep, long-term relationships with clients due to this approach and it’s always a pleasure to do business with Mike and Realty Yield.
— JT Horner, EverBank
He does a great job with complex 1031 Exchanges. He sold all eight of my smaller apartment properties simultaneously and made sure they were all closed at the proper time. At the same time, he was selling my current properties he identified a larger replacement property. This advance planning eliminated the stress that often goes along with completing 1031 Exchanges. I don’t know of any other Broker that has the experience and expertise to competently execute an exchange with these many properties.
— Linda G (2002 to retired)
I have done a number of deals with Mike. Mike has an incredible understanding of the complex nuances related to commercial real estate. He is well versed in the market, financing, tax strategies, and diversification. Metric Real Asset Strategies is a one stop shop for income property investment.
— Chris R (2008 to current)
Mike Carlson is much more than a mortgage broker. He is a full-service financing resource. His services have proven to be invaluable. Mike Carlson has shown us that the rate, terms and loan amount of a commercial loan can be effectively “negotiated”. Anyone would be well served in utilizing his services. When it comes to knowledge of investment property financing Mike Carlson is at the top of my list.
— Glen D
When I saw the in-depth analysis they prepared, I knew I had found the right advisors to work with on my real estate. On the bottom line, Mike managed the simultaneous sale of 6 small properties and then acquired an 84-unit apartment though a 1031 Exchange. They even orchestrated the loan for me. Most importantly, I doubled my annual returns and freed up hours of personal time I used to on the tedious details and paying bills. I’m fishing a great deal more these days.
— Jack F (2004 to retired)
Our Specialties
At Metric, we solve for the “Exit” on Day 1.
Whether negotiating a complex 1031 migration to the Southwest or stress-testing a medical-service retail asset against a 200 bps interest rate shift, our approach guarantees resilience before a single dollar of equity is committed.
- Commercial Real Estate Brokerage
- 1031 Exchange Strategy & Execution
- Asset & Portfolio Management
- Commercial Financing & Mortgage Advisory
- Valuation, Underwriting & Analysis
- Investment Strategy & Advisory
- Risk Management & Capital Structuring
Get Started with the Metric Portfolio Audit
Pinpoint inefficiencies, uncover hidden risk, and strengthen your portfolio’s positioning.