Clarion Partners Buys 231-Unit Lakewood Asset for $60MM
By Meghan Hall
A slew of apartment deals have closed over the past couple of weeks, signaling that investors are eager to buy up available...
RISE Properties Trust and Tokyu Land US Corporation Acquire Discovery Landing Apartment Homes in Burien...
Residential Community Purchase Marks 31st Acquisition in the Pacific Northwest for RISE
(EDITOR’S NOTE: According to public records, the community sold for $46 million,...
Newly Constructed Redmond Apartment Complex Trades Hands for $131.5MM
By Meghan Hall
A newly-built apartment complex in the highly-anticipated Esterra Park development has sold. According to public documents, the Nightingale Apartments in Redmond has...
Next Wave Acquires 118-Unit Multifamily Community in Vancouver, Wash. for $23.85MM
Vancouver - Next Wave Investors, LLC (Next Wave) a private equity firm focused on value-add multifamily investments, has acquired Ashley Terrace, a 1993-vintage, 118-unit...
BKM Executes $261MM Recapitalization for Multi-State Portfolio, Including $162.5MM Puget Sound Deal
(EDITOR'S NOTE: According to public records, the value of the transaction for Seattle Exchange I, located at 631 Strander Blvd., was $116.3 million. Then...
Thayer Manca Residential Acquires Olympia Property for $38.5MM
Seattle, WA- Thayer Manca Residential (TMR) has purchased Woodbury Apartments, their newest multifamily property in Olympia, WA. TMR purchased the 127-unit property for $38,500,000 (around $303,150...
Beacon Pointe Buys Seattle’s Rainier Financial Group
$500 Million Rainier Financial Group Puts Beacon Pointe on the Map in the Pacific Northwest
NEWPORT BEACH, Calif., Sept. 1, 2021 -- Beacon Pointe Advisors ("Beacon Pointe") has closed...
Boston Properties Officially Closes on Seattle’s Safeco Plaza for $465MM
(EDITOR’S NOTE: The Registry had previously reported on this sale in July of 2021 with pricing at $465MM. The property was 91 percent leased at the...
Alcove Apartments in Burien Sells for $11.15MM
By Meghan Hall
After extensive renovations and transformation, a Burien apartment asset has traded hands. In a transaction finalized on August 26th, Meter Properties sold...
Seattle Area Auto Dealer Purchases Renton Dealership for $18MM
By Catherine Sweeney
An auto dealership in Renton recently sold for $18 million, or approximately $493 per square foot. According to King County public records,...