Seattle

Webster Court. Image courtesy of PEF Advisors

PEF Advisors Buys Affordable Senior Community

The new owner will invest $1.2 million to upgrade the asset.

Cypress Apartments

Vulcan Lands $54M for Seattle Refi

The mixed-income community includes 48 affordable units.

Eastrail Flats

MainStreet, HAL Land $66M for Seattle-Area Project

The duo acquired the land in late 2022 for $23 million.

Top 5 Multifamily Projects Under Construction in Seattle

New product is expanding to keep pace with job growth in the northwestern city.

Seattle. Photo by Wirestock/iStockphoto.com

Seattle Multifamily Report – February 2023

While still healthy, fundamentals are dampening.

Koz on Alderwood rendering. Image courtesy of Koz Development

MSquared JV Scores $54M for Seattle Mixed-Income Development

Half of the units at Kōz on Alderwood will be set aside as affordable.

128 on State

Waterton Reenters Seattle With $64M Buy

The firm plans to implement a capital improvements plan at the 123-unit property.

USG Develops Tacoma Opportunity Zone Property

The property is part of the firm’s investor-directed, multi-asset fund offering.

Green Leaf Capital Pays $49M for Seattle Asset

The transaction involved a $26.8 million Fannie Mae loan.

MainStreet Lands $66M Loan to Develop Seattle Community

Construction is underway at the luxury property, with completion expected in 2024 or 2025.