Multifamily news in Seattle
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Value-Add University District Portfolio Commands $20M
The two student housing buildings are located on high-rise-zoned land, which is hard to find in Seattle.
23 October 2018 14:23 -
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 -
Seattle Student Housing Receives $64M Construction Loan
The 24-story community will serve students attending the University of Washington, situated roughly 2 miles from the project. CapitalSource provided the 5-year term loan.
18 October 2018 13:11 -
Seattle’s Construction Surge Continues
The metro’s multifamily market remains robust, thanks to increased investor interest and one of the strongest job markets in the country.
18 October 2018 11:27 -
LMC Begins Leasing at Luxury Property in Seattle
Phase one of Valdok offers 178 units and provides access to amenities including coworking spaces, a 24-hour fitness center and a pet park.
12 October 2018 15:31 -
CapitaLand Acquires $835M Portfolio
The properties include 16 communities located within the metropolitan areas of Seattle; Portland, Ore.; Los Angeles; and Denver. This marks the firm's entrance into the U.S. multifamily market.
21 September 2018 15:30 -
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 -
The Organic Development of Co-Living Communities
Common's co-living spaces have been successfully operating for three years. Founder & CEO Brad Hargreaves discusses the lessons learned along the way, as well as the company's future plans.
10 September 2018 15:37 -
HFF Completes $18M Sale of Metro Seattle Community
Watt Cos. acquired The James, a 144-unit community in Lakewood, Wash. The garden-style property offers a mix of studio, one-, two- and three-bedroom units across 14 buildings.
07 September 2018 15:50 -
Seattle-Area Community Lands Refi
Hunt Real Estate Capital originated funding through Freddie Mac’s Small Balance Loan program to refinance the Lynnwood asset.
21 August 2018 15:12 -
On the Market: 5 Interesting Listings for the Week of 8/6
This week’s selection of listings includes a garden-style community in the Phoenix area, a recently renovated Seattle asset and more.
10 August 2018 15:22 -
What to Expect From Seattle’s Hot Market
Healthy demographic trends and steady job gains, especially in the tech sector, have allowed the area to become one of the country’s fastest growing metros. But can this last? Billy Pettit, president of local development company Pillar Properties, explains why he anticipates a slowdown.
07 August 2018 14:28 -
Colliers Brokers Record Sale of West Seattle Community
Completed in 2015 and a 6-mile drive of downtown, the 38-unit asset sold for a record price in the West Seattle area.
03 August 2018 14:52 -
Security Properties Expands WA Portfolio
The company acquired Insignia, a 162-unit apartment community in Bremerton, which brings its total in the Puget Sound area to 4,000 units.
02 August 2018 15:24 -
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