Multifamily news in Seattle
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PGIM Real Estate Closes $460M Senior Housing Loan
The financing covers a portfolio deal of more than 1,500 units, including three properties in Seattle.
02 October 2020 11:47 -
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.
16 September 2020 12:47 -
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.
11 September 2020 12:18 -
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.
10 September 2020 14:07 -
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.
03 September 2020 18:32 -
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.
31 August 2020 12:56 -
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.
28 August 2020 13:36 -
Equity Residential Pays $49M for Seattle Asset
Goodman Real completed the 158-unit property earlier this year, with construction financing from U.S. Bank.
28 August 2020 13:33 -
Landmark Properties Expands Student Housing Portfolio
The four communities will add a total of 3,100 beds across Georgia, Florida, Michigan and Washington.
28 August 2020 12:49 -
Aspen Heights Expands Student Housing Portfolio
The company's newest project will offer 752 beds to students attending Washington State University one mile away.
21 August 2020 13:34 -
RISE Properties Buys Seattle Apartments for $34M
The new owner assumed $21.4 million in existing Fannie Mae debt on the 117-unit community.
19 August 2020 13:36 -
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.
07 August 2020 13:48 -
West Seattle Community Gets $12M Refi
KeyBank originated the mortgage, which retires an $11.3 million Fannie Mae loan from 2013.
28 July 2020 12:58 -
Construction Tops Out at Luxury Seattle Tower
Laconia Development is the firm behind the 342-unit condo building in the waterfront neighborhood of Belltown.
22 July 2020 20:25 -
Oxford Properties Pays $320M for Seattle High-Rise
PGIM Real Estate provided acquisition financing for the metro’s largest multifamily deal of the year.
16 July 2020 09:40