Multifamily news in Seattle
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Pathfinder Snags 125-Unit Seattle-Area Community
The company purchased Astoria Apartments—located in the Fife submarket—for $18 million and is planning extensive renovations of the 36-year-old asset.
03 July 2018 19:10 -
Top 10 Largest Multifamily Conversions in the Pacific Northwest
The area recorded a high number of adaptive reuse projects that transformed hotels into affordable multifamily communities, breathing new life into historic buildings. Some of the structures served military purposes during World War II.
20 June 2018 14:35 -
CBRE Brokers Sale, Financing of 171-Unit Affordable Asset
The Seattle-area community traded for $18.9 million. Tim Flint worked on behalf of the seller in the transaction, while Jim Flinn secured acquisition financing.
05 June 2018 07:25 -
Kennedy Wilson Sells $422M Portfolio
The six communities comprise a total of 2,199 units and are located across California, Nevada, Washington and Oregon.
30 May 2018 15:52 -
Madison Residential Sells Seattle-Area Property
Berkadia has brokered the sale of the 105-unit apartment community located in Federal Way, Wash. The company represented the seller in the deal.
18 May 2018 19:36 -
LMC Breaks Ground on 339-Unit Seattle-Area Community
The Bower is an upcoming 339-unit property in the northern part of Kirkland, Wash., situated adjacent to Interstate 405. A direct-access freeway bus stop will be available for resident use.
11 May 2018 15:07 -
Colliers Sets Records in Sale of 2 Seattle Assets
Both the 23-unit Pomelo Heights and The Willet, comprising 20 small efficiency dwelling units, sold for some of the region's highest prices per square foot.
09 May 2018 16:43 -
JB Matteson Buys $53M Seattle Property
Built in 2017, Origin Apartments in the Lake City area includes 153 units. The transaction marks the addition of the company’s fifth asset in the city.
09 May 2018 15:48 -
Demand Shines in Seattle
The metro’s multifamily rent growth continues to outpace the national average, due to healthy demographic trends, steady job gains and escalating household formation.
02 May 2018 19:02 -
L5 Investments Buys Suburban Seattle Property for $15M
Montrose Apartment Community in Burien, Wash., includes 97 units, a fitness center, a pool and a playground.
02 May 2018 18:45 -
Transit-Oriented Condos Coming to Seattle
The 204-unit Koda Condominiums will be in the International District, near several train and metro stations. The project is scheduled to break ground this fall and be complete by July 2020.
27 April 2018 16:00 -
Hunt Mortgage Arranges 2 Seattle-Area Freddie Mac Refis
Cedar Gardens Apartments in Federal Way includes 49 units, while Birch Crest Apartments in Tukwila comprises 37 apartments. Both borrowers were local real estate owners.
23 April 2018 16:16 -
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 -
CBRE Brokers $18M Sale of Seattle Community
Remi Apartments, located near Lake Union in the Eastlake neighborhood, features 34 residential units and 5,238 square feet of ground-floor retail.
12 April 2018 20:44 -
WA Affordable Community Changes Hands for $19M
The 164-unit College Glen Apartments is an affordable community located in Thurston County, an area experiencing one of the highest rent growths in the region.
11 April 2018 12:57