Patricia Costello
Real Estate Agent (Salesperson)
Santa Barbara - CA

Pat Costello holds a degree in real estate and a marketing certificate from the University of California, Santa Barbara. She has furthered her expertise through specialized coursework with the CCIM Institute and the California Association of Realtors.

With a strong analytical mindset, Pat excels in the realm of distressed properties. Notably, during the peak of the recession, she successfully sold a distressed neighborhood shopping center for $17.5 million—$3 million above its appraised value by CBRE. This 55,000 square-foot property faced significant challenges, including a master tenant in bankruptcy and ongoing environmental concerns. Throughout the process, Pat maintained transparency and delivered exceptional service, earning the satisfaction of all parties involved.

In addition, Pat played a pivotal role in the development and leasing of a 72,000 square-foot strip center in Texas, which included two outparcels leased to a medical clinic and a bank. Her previous clients have included lenders seeking assistance with portfolio reviews for credit risk assessment. Pat's focused approach fosters trust and creates mutually beneficial outcomes for all stakeholders in each transaction. She employs thorough market analysis, professional transaction management, and timely follow-through to ensure her clients achieve their goals.

Pat's extensive resources include a network of non-competing managers and brokers nationwide, as well as affiliations with CCIM, the National Association of Realtors, the California Association of Realtors, lenders, and title agents. This comprehensive network of real estate and financing professionals is dedicated to addressing her clients' diverse needs.