Multifamily news in Seattle
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Bridge Investment Group Pays $144M for WA Portfolio
Wells Fargo Bank provided the buyer with nearly $94 million in financing to acquire the assets, which contain 682 units across two properties
04 January 2019 19:04 -
Seattle Community Opens its Doors
The 226-unit luxury community, developed by LMC, is fully integrated and offers smart-home technology, as well as also pursuing LEED Gold certification.
27 December 2018 14:42 -
Security Properties JV Sells Seattle Community for $150M
A private investor—with financing from New York Life Insurance Co.—acquired the 309-unit luxury multifamily asset, which welcomed its first residents in 2017.
17 December 2018 14:15 -
Seattle-Area Community Sold for $173M
Los Angeles-based Decron Properties entered the Puget Sound market with the acquisition of Avana 522 in one of the largest transactions in the region this year.
07 November 2018 15:22 -
2 Affordable WA Assets Land Acquisition Loans
Hunt Real Estate Capital has secured $5.5 million in funding for Colvos Terrace and Street Fawcett, two communities in Tacoma totaling 87 units.
05 November 2018 07:37 -
Capstone Development Opens $350M Student Housing Assets
The properties include The Village Phase 2, The University of Massachusetts Boston Residence Hall and Dining Center, Vi Hilbert Hall, Montage on College and Calaveras Hall.
30 October 2018 13:47 -
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