Seattle
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.
IPA Arranges $27M Seattle-Area Asset Sale
Almost half of the community’s 134 units were recently renovated. The previous owner rebranded the property, formerly known as Rainier Meadows.
JRK Property Holdings Buys $57M Seattle-Area Asset
The buyer will complete renovations started by the seller. Additionally, the company will also update the community’s common areas and amenities.
Seattle Property Lands $52M in Financing
CBRE originated the 10-year mortgage through Freddie Mac, less than a month after a joint venture purchased the 344-unit multifamily asset for $83.2 million.
Wood Partners Breaks Ground on Seattle Community
Located in the historic Columbia City neighborhood, the 243-unit Alta Columbia City marks the company’s third multifamily project in the metro.
Security Properties, Rockwood Capital Acquire Seattle-Area Asset
Taluswood in Mountlake Terrace is one of the largest garden-style apartment communities north of Seattle and will be managed by Security Properties Residential.
JLL Income Property Trust Grows Portfolio
The company paid $81.8 million for a 280-unit luxury asset located in Bothell, Wash., a Seattle suburb. The acquisition brings the company’s aggregate apartment allocation to more than $820 million.
NorthMarq Arranges $19M Refi for Seattle Community
The 10-year, fixed-rate loan was given to J.B. Matteson Inc. for the 124-unit Greenhouse Apartments, a LEED Silver-certified property.