Multifamily news in Market Rate Housing - Seattle
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Sack Properties Acquires Seattle-Area Apartments
The purchase of Chateau Woods marks the company's third transaction in the last 18 months on Seattle's Eastside.
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Kidder Mathews Closes Washington Community Sale
Brandon Lawler, Dylan Simon and Jerrid Anderson brokered the acquisition of the 26-unit property in Lakewood.
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JV Pays $25M For Seattle-Area Apartments
Odyssey Properties and L5 Investments received $17 million in Freddie Mac financing for the purchase.
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Kidder Mathews Brokers $12M Seattle-Area Sale
Brandon Lawler, Dylan Simon and Jerrid Anderson closed the disposition of the 63-unit Tacoma community.
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Seattle-Area Community Changes Hands for $11M
CBRE represented the seller of the asset in Federal Way, Wash., and arranged Freddie Mac financing on behalf of the buyer.
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Marcus & Millichap Arranges $28M Seattle-Area Sale
Senior Vice President of Investments Timothy Ufkes and Associate Evan McLeod represented the seller and procured the buyer.
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Mill Creek Sells Seattle Luxury Community for $125M
The 288-unit deal marks the second-largest multifamily transaction to close in the metro this year.
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Northeast Seattle Project Gets $27M Loan
State Farm originated the financing for the development of Union Bay Place, a 98-unit community near the University of Washington.
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PGIM Real Estate Arranges $482M West Coast Refi
The Fannie Mae credit facilities involve six apartment properties in the San Francisco Bay area and Seattle.
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Seattle’s Micro-Housing Movement: A Developer’s Take
Housing Diversity Corp.’s Brad Padden makes the case for small-footprint apartments to accommodate the pressing demand for more affordable housing options closer to the city center.
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Kidder Mathews Arranges $45M Seattle-Area Sale
Dylan Simon, Jerrid Anderson and Matt Laird assisted the seller in the disposition of the 216-unit community in Kent, Wash.
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Equity Residential Pays $49M for Seattle Asset
Goodman Real completed the 158-unit property earlier this year, with construction financing from U.S. Bank.
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RISE Properties Buys Seattle Apartments for $34M
The new owner assumed $21.4 million in existing Fannie Mae debt on the 117-unit community.
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Mill Creek Breaks Ground on Seattle Apartments
The developer has started construction on the 288-unit Modera Overlake with completion expected by the end of 2022.
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West Seattle Community Gets $12M Refi
KeyBank originated the mortgage, which retires an $11.3 million Fannie Mae loan from 2013.