Market Rate Housing - Seattle
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On the Market: 5 Interesting Listings for the Week of 4/16
This week's listings include a new community in West Seattle, duplexes in Denton, Texas, and 188 units in Phoenix's busy Camelback corridor.
19 April 2018 18:29 -
Gelt Buys 491-Unit Seattle Portfolio
The seller, FPA Multifamily, recently renovated interior and exterior amenities, including the clubhouse, the fitness center and the parking lot of both properties.
05 April 2018 19:11 -
Freshwater Investments Nabs WA Asset
The property’s seven garden-style buildings, 20 miles from Seattle’s city center, contain a mix of one-, two- and three-bedroom apartments.
09 February 2018 18:05 -
Berkadia Facilitates $133M Seattle-Area Sale
Senior Managing Director Kenny Dudunakis and Directors Ben Johnson and David Sorensen represented the seller of the 485-unit Shoreline community.
26 January 2018 11:28 -
MG Properties Acquires 2 WA Assets for $133M
The company purchased Beaumont in Woodinville from Guardian Life Insurance Co. and Newberry Square in Lynwood from Fairfield Residential. Totaling 467 units, both communities will undergo interior and exterior renovations.
20 December 2017 16:11 -
HFF Arranges $20M Seattle Sale
PCCP and Westbridge Properties have sold the 1990-built Arterra Townhomes, an 81-unit community in Kent, Wash.
19 October 2017 00:33 -
Terra Closes $23M Preferred Equity for Seattle Property
Bristol I is situated within the waterfront community of Southport, a new mixed-use village with 188 units and 730,000 square feet of Class A office space.
11 October 2017 15:16 -
Lowe Begins Construction on Newest WA Development
The 286-unit Talisman in Redmond, Wash. is set to anchor the Redmond Town Center’s mixed-use development. The property will also include 9,400 square feet of ground floor specialty retail shops.
10 October 2017 15:58 -
Bellwether Enterprise Closes $51M Refi
The company arranged the refinancing of Alley 111, a 12-story apartment building offering a mix of studios, one- and two-bedroom units, along with 4,000 square feet of retail space.
19 September 2017 16:24 -
Kennedy Wilson Sells $109M Seattle Asset
The 576-unit property was 97.9 percent occupied as of May. The company purchased the asset in 2014 for $57.8 million from Holland Partners.
10 July 2017 08:34 -
Security Properties Expands in Seattle
The company acquired a Bellevue, Wash., community for $28 million. The building offers studio, penthouses, one- and two-bedroom units. Madrona Ridge Residential will manage the property.
29 June 2017 16:43 -
CBRE Lines Up $14M Financing for New Idaho Community
The company worked on behalf of the borrower, 5th and Idaho Apartments LLC. The five-story building will be located in the historic district of Old Boise, Idaho.
23 June 2017 16:21 -
Freshwater Investments Acquires Seattle Community
The Stinson Apartment Homes sold for $16.8 million. The community last traded in 2015, when Fowler Property Acquisitions purchased the asset for $10.6 million.
23 June 2017 15:45 -
Security Properties Expands Its Seattle Portfolio
Together with Intercontinental, the company purchased the five-story building located near Seattle’s Central Business District. The average rental rate was $1,493 as of May.
12 June 2017 16:53 -
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