Seattle
Berkadia Brokers Sale of 2 Puget Sound Communities
Senior Managing Director Kenny Dudunakis, along with Senior Directors David Sorensen and Ben Johnson, represented the sellers in each transaction.
Decron Buys 2nd Seattle-Area Community for $79M
The real estate developer snapped up a 302-unit property in Kent, Wash., boosting its portfolio in the region to 860 units.
Security Properties Expands Washington Footprint
The company now commands 5,000 units in the Puget Sound area after its purchase of Villas at Kennedy Creek in Tumwater.
Seattle-Area Asset Commands $18M
New Standard Equities acquired the 81-unit apartment building in Des Moines, Wash., which is almost fully occupied.
Mill Creek Breaks Ground on Seattle Community
Set to open in late 2020, Modera Broadway is a mixed-use property with 228 luxury units.
Seattle Multifamily Report – Summer 2019
There were more than 21,500 multifamily units under construction as of June, with 8,131 expected to come online by December.
Seattle-Area Community Commands $56M
RISE Properties Trust and Aegon Real Assets US partnered to acquire the 236-unit property in Federal Way, south of Seattle, with plans to restore and reposition the aging property.
Top 5 Multifamily Transactions in Seattle
The number of multifamily units sold in Seattle during the year’s first six months was up 29 percent year-over-year, with the total sales volume reaching $1.9 billion.
Aegis Living Opens Seattle Senior Housing Asset
Construction on the 89-unit, Ankrom Moisan-designed community began in late 2017. The owner plans to complete an additional five developments by 2022.
Madison Marquette, GFH Financial Group Buy 6-Building Senior Housing Portfolio
The joint venture purchased properties located in California, Washington and Michigan totaling 509 units.