Affordable Housing - Seattle
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Local Developer Adds 70 Units to Seattle Affordable Housing Supply
Lake City’s former Fire Station 39 site has been revitalized as an apartment building dedicated to low-income individuals and families. Rents range from $526 to $1,353.
22 October 2018 13:27 -
KeyBank Originates $31M for Affordable Seattle Properties
Both properties are located in the Atlantic neighborhood of Seattle and will provide a total of 126 affordable housing units.
12 September 2018 15:13 -
Phase 1 of Seattle-Area Senior Housing Debuts
Sustainable Housing for the Ageless Generation and the City of Tukwila, Wash., have opened Tukwila Village, a 193-unit affordable community located within 10 minutes of downtown.
24 July 2018 13:46 -
CBRE Hires Affordable Housing Expert
In her new role as director & industry specialist, Sarah Garland will support origination of affordable and workforce housing debt financing.
13 July 2018 06:20 -
Top 10 Largest Multifamily Conversions in the Pacific Northwest
The area recorded a high number of adaptive reuse projects that transformed hotels into affordable multifamily communities, breathing new life into historic buildings. Some of the structures served military purposes during World War II.
20 June 2018 14:35 -
CBRE Brokers Sale, Financing of 171-Unit Affordable Asset
The Seattle-area community traded for $18.9 million. Tim Flint worked on behalf of the seller in the transaction, while Jim Flinn secured acquisition financing.
05 June 2018 07:25 -
WA Affordable Community Changes Hands for $19M
The 164-unit College Glen Apartments is an affordable community located in Thurston County, an area experiencing one of the highest rent growths in the region.
11 April 2018 12:57 -
Fairfield Obtains $66M for WA Luxury Development
The downtown Redmond community will comprise 360 high-end units, 36 of which will be income-restricted. Amenities include a fitness area, a Wi-Fi lounge with co-working space and a bicycle storage area.
02 March 2018 17:44 -
Hunt Mortgage Procures $44M for Seattle Community
Soma Towers consists of two buildings offering 276 units, of which 20 units are affordable. Soma Towers Phase II was developed by Soma Towers DE LLC, in 2016.
01 August 2017 17:34 -
Lake Union Partners Acquires $23M MidTown Center
The company partnered with Forterra to develop the site and plans to include approximately 520 to 555 apartments. Approximately half of the units will be affordable.
29 May 2017 08:11 -
New Financing Tool for TODs
The new Regional Equitable Development Initiative Fund (REDI) will support affordable housing options located near public transit in metro Seattle, where low-cost apartments are increasingly hard to find.
15 December 2016 17:29 -
Hunt Finances 2 Multifamily Properties in Seattle-Area
Arete and Green Leaf at Lakewood benefited from two loans totaling $61.5 million.
16 November 2016 14:04 -
Legacy Partners Closes Sale of Seattle-Area Apartments
The 117-unit asset is reportedly the most amenitized apartment community in Redmond, Wash.
09 November 2016 14:59 -
Avanath Capital Closes $85M Workforce Housing Deal
The institutional manager purchased properties in Seattle and Fort Lauderdale, two growing markets with a shortage of affordable housing supply.
11 October 2016 18:03 -
Mercer Island Apartment Development Starts Pre-Leasing
The 209-unit community from Legacy Partners is scheduled for completion later this year.
12 August 2016 07:35