Seattle
On the Market: 5 Interesting Listings for the Week of 8/6
This week’s selection of listings includes a garden-style community in the Phoenix area, a recently renovated Seattle asset and more.
What to Expect From Seattle’s Hot Market
Healthy demographic trends and steady job gains, especially in the tech sector, have allowed the area to become one of the country’s fastest growing metros. But can this last? Billy Pettit, president of local development company Pillar Properties, explains why he anticipates a slowdown.
Colliers Brokers Record Sale of West Seattle Community
Completed in 2015 and a 6-mile drive of downtown, the 38-unit asset sold for a record price in the West Seattle area.
Security Properties Expands WA Portfolio
The company acquired Insignia, a 162-unit apartment community in Bremerton, which brings its total in the Puget Sound area to 4,000 units.
Phase 1 of Seattle-Area Senior Housing Debuts
Sustainable Housing for the Ageless Generation and the City of Tukwila, Wash., have opened Tukwila Village, a 193-unit affordable community located within 10 minutes of downtown.
Goodman Real Estate Buys WA Property for $32M
Colliers brokered the sale of the apartment community, which encompasses 216 units in six buildings. The 1985-built property was recently renovated.
CBRE Hires Affordable Housing Expert
In her new role as director & industry specialist, Sarah Garland will support origination of affordable and workforce housing debt financing.
Greystar Unveils Luxury Apartments in Seattle
Elan Uptown Flats includes 182 units and a pet park, a car charging station and bike storage.
Pathfinder Snags 125-Unit Seattle-Area Community
The company purchased Astoria Apartments—located in the Fife submarket—for $18 million and is planning extensive renovations of the 36-year-old asset.
Top 10 Largest Multifamily Conversions in the Pacific Northwest
The area recorded a high number of adaptive reuse projects that transformed hotels into affordable multifamily communities, breathing new life into historic buildings. Some of the structures served military purposes during World War II.