Multifamily news in Seattle
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NorthMarq Arranges $70M JV Equity for Seattle Projects
The funds will go towards two opportunity zone developments totaling 556 units of affordable and workforce housing.
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Seattle Project Showcases Mass Timber’s Strengths
The Wolff Co. and Katerra harnessed innovative cross-laminated timber solutions for The Postmark, a recently completed 243-unit community.
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Developers Land $58M for Seattle’s First Affordable High-Rise
Plymouth Housing and Bellwether Housing are working together on the 365-unit project slated for completion in 2022.
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Security Properties, Rockwood Acquire 938-Unit Portfolio
The partnership purchased three assets in Oregon and Colorado.
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MG Properties Group Pays $191M for Seattle-Area Community
The 451-unit Class A apartment building in Bellevue, Wash., was completed in 2015.
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Blackstone Pays $175M for Pacific Northwest Portfolio
Built between 1980 and 1992, the Class B properties include 935 units near Seattle plus 104 apartments outside Portland, Ore.
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Sack Properties Acquires Seattle-Area Apartments
The purchase of Chateau Woods marks the company's third transaction in the last 18 months on Seattle's Eastside.
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Kidder Mathews Closes Washington Community Sale
Brandon Lawler, Dylan Simon and Jerrid Anderson brokered the acquisition of the 26-unit property in Lakewood.
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JV Pays $25M For Seattle-Area Apartments
Odyssey Properties and L5 Investments received $17 million in Freddie Mac financing for the purchase.
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Kidder Mathews Brokers $12M Seattle-Area Sale
Brandon Lawler, Dylan Simon and Jerrid Anderson closed the disposition of the 63-unit Tacoma community.
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Suburban Seattle Apartments Fetch $66M
Seller Main Street Property Group delivered the 139-unit luxury asset in August last year.
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Seattle Multifamily Report – Summer 2020
While rent contractions decelerated over the summer, transaction activity remained low in Emerald City.
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Partnership Scores $146M Financing for Student Housing Projects
JLL secured the loans for Union on Broadway in Eugene, Ore., and Lakeview in Seattle.
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Seattle-Area Community Changes Hands for $11M
CBRE represented the seller of the asset in Federal Way, Wash., and arranged Freddie Mac financing on behalf of the buyer.
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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.