Seattle
Kennedy Wilson Sells $422M Portfolio
The six communities comprise a total of 2,199 units and are located across California, Nevada, Washington and Oregon.
Madison Residential Sells Seattle-Area Property
Berkadia has brokered the sale of the 105-unit apartment community located in Federal Way, Wash. The company represented the seller in the deal.
LMC Breaks Ground on 339-Unit Seattle-Area Community
The Bower is an upcoming 339-unit property in the northern part of Kirkland, Wash., situated adjacent to Interstate 405. A direct-access freeway bus stop will be available for resident use.
Colliers Sets Records in Sale of 2 Seattle Assets
Both the 23-unit Pomelo Heights and The Willet, comprising 20 small efficiency dwelling units, sold for some of the region’s highest prices per square foot.
JB Matteson Buys $53M Seattle Property
Built in 2017, Origin Apartments in the Lake City area includes 153 units. The transaction marks the addition of the company’s fifth asset in the city.
Demand Shines in Seattle
The metro’s multifamily rent growth continues to outpace the national average, due to healthy demographic trends, steady job gains and escalating household formation.
L5 Investments Buys Suburban Seattle Property for $15M
Montrose Apartment Community in Burien, Wash., includes 97 units, a fitness center, a pool and a playground.
Transit-Oriented Condos Coming to Seattle
The 204-unit Koda Condominiums will be in the International District, near several train and metro stations. The project is scheduled to break ground this fall and be complete by July 2020.
Hunt Mortgage Arranges 2 Seattle-Area Freddie Mac Refis
Cedar Gardens Apartments in Federal Way includes 49 units, while Birch Crest Apartments in Tukwila comprises 37 apartments. Both borrowers were local real estate owners.
On the Market: 5 Interesting Listings for the Week of 4/16
This week’s listings include a new community in West Seattle, duplexes in Denton, Texas, and 188 units in Phoenix’s busy Camelback corridor.