Residential
RISE Properties Trust Acquires Sancerre Apartments in Kirkland for $49.5MM
(EDITOR’S NOTE: IPA’s Giovanni Napoli and Philip Assouad brokered the deal.) Company Closes Out Year with Nine Purchases Across the Pacific Northwest in...
Madison at River’s Edge Apartments in Auburn Sells for $33MM
By Meghan Hall A multifamily community in the growing suburb of Auburn, Wash., has traded hands just before the end of the year....
MIG Real Estate Adds to List of Investors Targeting the Suburbs as Everett’s BluWater Apartments Trade for $54.5MM
By Meghan Hall The end of year has seen investor interest in Seattle’s northern suburbs skyrocket as a number of apartment deals have...
32-Unit Belmont Court Apartments in Seattle Sells for $15MM
By Vladimir Bosanac As 2021 comes to a close, a number of transactions are closing just in time to make the fourth quarter...
Sheldon Butte Complex in Eugene, Oreg., Sells for $35.75MM
JLL Capital Markets completed the sale of the 176-unit Sheldon Butte in Eugene, Oregon PORTLAND, Dec. 20, 2021 – JLL Capital Markets announced that...
RISE Properties Trust, Oaktree, Acquire The Village at Ten Trails Apartments in Black Diamond for $68MM
(EDITOR’S NOTE: According to King County public records, the asset sold for $68 million, or about $386,363 per unit. The seller was an...
CREC and Westland Investors Acquire Seattle-Area Multifamily Community for $15.45MM
(EDITOR’S NOTE: According to Snohomish County public records, the asset sold for $15.45 million, or about $211,643 per unit. The deal was finalized...
$25.6MM Financing Secured for Affordable Housing Property in Seattle
PORTLAND, Ore. – Berkadia announced today the financing secured for Heartwood, a to-be-built eight-story, midrise multifamily property in Seattle, Washington. Managing Director Fred Dockweiler...
Investor Interest in Suburban Multifamily Properties Shows as Everett Apartment Complex Sells for $76MM
By Meghan Hall The pandemic has altered the way investors think, and more than ever, suburban multifamily properties are capturing attention. A number...
Kennedy Wilson Spends $121MM on 348-Unit Tigard Apartment Property
(EDITOR’S NOTE: The seller of the 348-unit community was Seattle-based Security Properties.) BEVERLY HILLS, Calif. (December 17, 2021) – Kennedy Wilson Fund VI (“Fund...
North Seattle Parcel Slated for 121-Unit Future Multifamily Development Sells for $8MM
SEATTLE – Dec. 17, 2021 – CBRE announced the $8 million sale of a land parcel located in north Seattle’s Fremont neighborhood to Kamiak,...
Seattle Design Review Board Approves 129-Unit Belltown Project
By Scott Anderson Last week Seattle’s Downtown Design Review Board held a meeting to discuss and vote on the approval of the new...
