Seattle
Suburban Seattle Apartments Fetch $66M
Seller Main Street Property Group delivered the 139-unit luxury asset in August last year.
Seattle Multifamily Report – Summer 2020
While rent contractions decelerated over the summer, transaction activity remained low in Emerald City.
Partnership Scores $146M Financing for Student Housing Projects
JLL secured the loans for Union on Broadway in Eugene, Ore., and Lakeview in Seattle.
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.
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.
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.
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.
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.
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.
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.