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

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 read26
Share
zoshua-colah-hZA43N5CiYQ-unsplash-south lake union
Photo by Zoshua Colah on Unsplash
Share

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.

Thank you for your interest in The Registry. If you'd like to read further, you must Subscribe or Log In below to read the rest of this content.

Share
Bremerton, WA, USA Sept 4, 2016: Massive green crane at Pier 6 Puget Sound Naval Shipyard and Intermediate Maintenance Facility Previous post Navy Opens Bidding on Multibillion-Dollar Contract for New Dry Dock at Puget Sound Naval Shipyard

2026 Pacific Northwest CRE Rising Stars

PNW CRE Rising Stars

Featured Posts

Seattle, City view of Seattle, top view of downtown Seattle skyline in Seattle Washington, USA

Seattle Cuts REET Forecast by $19.5MM in Sixth Straight Downgrade as Rising Rates Squeeze Property Sales

ByOctober 21, 2026


Recent Posts

Bremerton, WA, USA Sept 4, 2016: Massive green crane at Pier 6 Puget Sound Naval Shipyard and Intermediate Maintenance Facility

Navy Opens Bidding on Multibillion-Dollar Contract for New Dry Dock at Puget Sound Naval Shipyard

ByOctober 21, 2026
Mobile home park

Desimone Enterprises Buys 213-Site Vista Del Rio Manufactured Home Community in Vancouver for $30MM

October 21, 2026
Portland, Vancouver, Marcus & Millichap, Damascus, Canby, Amazon, Pacific Northwest,

Clackamas’ 234-Unit Townhomes with a View Lands in Special Servicing as Expenses Squeeze $24MM CMBS Loan

October 21, 2026
Home under construction

PGIM Stacks $22.7MM Mezzanine Loan on SRM Development’s Brizo Apartments in Downtown Bellevue

October 21, 2026
Sparks from metal work

Rainier Industries Renews 131,000 SQFT at Its Tukwila Headquarters on Olympic Avenue South

October 21, 2026
Related Articles
Bremerton, WA, USA Sept 4, 2016: Massive green crane at Pier 6 Puget Sound Naval Shipyard and Intermediate Maintenance Facility
AECIndustry News

Navy Opens Bidding on Multibillion-Dollar Contract for New Dry Dock at Puget Sound Naval Shipyard

The Navy has opened bidding on a multibillion-dollar contract to build a...

ByOctober 21, 2026
Mobile home park
FinanceIndustry NewsResidential

Desimone Enterprises Buys 213-Site Vista Del Rio Manufactured Home Community in Vancouver for $30MM

Desimone Enterprises has bought Vista Del Rio, a 213-site, 55-and-older manufactured home...

ByOctober 21, 2026
Portland, Vancouver, Marcus & Millichap, Damascus, Canby, Amazon, Pacific Northwest,
FinanceIndustry NewsPortlandResidential

Clackamas’ 234-Unit Townhomes with a View Lands in Special Servicing as Expenses Squeeze $24MM CMBS Loan

A $24.1 million CMBS loan on NBP Capital's 234-unit Townhomes with a...

ByOctober 21, 2026
Home under construction
AECFinanceIndustry NewsResidential

PGIM Stacks $22.7MM Mezzanine Loan on SRM Development’s Brizo Apartments in Downtown Bellevue

PGIM's real estate structured debt strategy has supplied a $22.7 million mezzanine...

ByOctober 21, 2026
© Copyright 2024 Jellywp. All rights reserved powered by Jellywp.com