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Home Finance Blackstone’s 432-Unit Ascent and Marlowe in Seattle’s South Lake Union Caught Up as $518MM Portfolio Loan Hits Special Servicing
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Blackstone’s 432-Unit Ascent and Marlowe in Seattle’s South Lake Union Caught Up as $518MM Portfolio Loan Hits Special Servicing

October 21, 20263 Mins read555
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Photo by Zoshua Colah on Unsplash
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Ascent South Lake Union and Marlowe, the 432-unit pair Blackstone bought for about $302.8 million in 2021, are now two of the last six properties securing a $1.3 billion portfolio loan that moved to special servicing after missing its October maturity.

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