Seattle
Colliers Closes $27M Seattle Sale
Citywalk Apartments is a 102-unit property in the city’s Northgate neighborhood. Built in 1987, the community includes four residential buildings and a clubhouse.
Tech Scene Continues to Thrive in Seattle
Fueled by the continued expansion of the technology sector and population growth, the city’s multifamily market remains healthy.
MG Properties Acquires 2 WA Assets for $133M
The company purchased Beaumont in Woodinville from Guardian Life Insurance Co. and Newberry Square in Lynwood from Fairfield Residential. Totaling 467 units, both communities will undergo interior and exterior renovations.
Why Grosvenor Likes Seattle’s Condo Market
Alex Henderson, who leads Grosvenor’s Puget Sound Co-Investment team, foresees renewed interest in development, given the potential oversupply of rental product and undersupply of for-sale product in the area.
Kennedy Wilson Buys $135M WA Community
The three five-story buildings offer a mix of studios, one- and two-bedroom units averaging 827 square feet. The community is close to various park, trails and hiking trails.
SHAG Opens Newest WA Senior Housing
Lynnwood City Center Senior Living features 308 one- and two-bedroom floorplans ranging from 515 to 787 square feet. A selection of apartments is reserved for individuals and households with fixed incomes.
Greystone Refinances 131-Unit WA Community
The Henry, a Class A community situated near the Museum of Glass, offers 161 units and 10,500 square feet of office and retail space.
Security Properties Expands Its WA Portfolio
The 178-unit community offers convenient access to major employers such as Intel, JBLM, State Farm Insurance and Amazon. Garco Construction sold the asset for $32.3 million.
Weidner Acquires Seattle Community for $225M
Continental Properties sold the 313-unit Tower12 for $719,000 per apartment, a multifamily sales record for the area.
HFF Arranges $20M Seattle Sale
PCCP and Westbridge Properties have sold the 1990-built Arterra Townhomes, an 81-unit community in Kent, Wash.