Multifamily news in Seattle
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Windermere Real Estate Hires COO
Brooks Burton previously served as executive vice president & COO of HER Realtors and Trident Holdings. He will work at the company’s Seattle office.
28 July 2017 09:56 -
Madrona Ridge Changes Leadership
As part of the integration, the company added Mike Voorhees as a president for its Seattle office. He brings more than 23 years of experience in residential real estate management.
13 July 2017 09:24 -
Kennedy Wilson Sells $109M Seattle Asset
The 576-unit property was 97.9 percent occupied as of May. The company purchased the asset in 2014 for $57.8 million from Holland Partners.
10 July 2017 08:34 -
Security Properties Expands in Seattle
The company acquired a Bellevue, Wash., community for $28 million. The building offers studio, penthouses, one- and two-bedroom units. Madrona Ridge Residential will manage the property.
29 June 2017 16:43 -
Berkadia Closes Sale of Student Housing Assets for $146M
The properties include Ava University District, a 289-unit community, near the University of Washington, and Fullerton University Village, a 100-unit community near California State University.
28 June 2017 18:03 -
CBRE Lines Up $14M Financing for New Idaho Community
The company worked on behalf of the borrower, 5th and Idaho Apartments LLC. The five-story building will be located in the historic district of Old Boise, Idaho.
23 June 2017 16:21 -
Freshwater Investments Acquires Seattle Community
The Stinson Apartment Homes sold for $16.8 million. The community last traded in 2015, when Fowler Property Acquisitions purchased the asset for $10.6 million.
23 June 2017 15:45 -
RealtyShares Closes $12M Loan for Seattle Student Housing
The 10-property portfolio is located near the University of Washington, in one of the fastest growing housing markets in the U.S. The acquisition marks the company’s largest commercial real estate debt transaction to date.
21 June 2017 18:29 -
Security Properties Expands Its Seattle Portfolio
Together with Intercontinental, the company purchased the five-story building located near Seattle’s Central Business District. The average rental rate was $1,493 as of May.
12 June 2017 16:53 -
Pathfinder Snags $25M Seattle Property
The Argyle, a 160-unit apartment community in the metropolitan Seattle suburb Federal Way, stands on five acres and features 13 three-story buildings.
07 June 2017 15:01 -
LMC Kicks Off Pre-Leasing at Seattle Development
The mixed-use community in the Capitol Hill neighborhood includes 157 units and 2,500 square feet of ground-floor retail space.
05 June 2017 08:57 -
Lake Union Partners Acquires $23M MidTown Center
The company partnered with Forterra to develop the site and plans to include approximately 520 to 555 apartments. Approximately half of the units will be affordable.
29 May 2017 08:11 -
Bellevue TOD Launches with Luxury Community
Security Properties opened the 309-unit Sparc Apartments in the Spring District of the Washington city, just minutes away from major companies such as Google, Microsoft, Expedia and T-Mobile.
24 May 2017 17:45 -
Security Properties Buys $26M Community in Seattle
Security Properties purchased the 124-unit community and plans to renovate the 96 original units. Madrona Ridge Residential, an affiliate of the company, will manage the property.
19 May 2017 15:23 -
Can Housing Keep Up with Job Growth?
At the 2017 ULI Spring Meeting, Alan Durning of the Sightline Institute and Clyde Holland of Holland Partner Group discuss possible solutions to the nation’s housing shortage.
04 May 2017 15:29