Essex Property Trust, Seattle, Oly-Ida Canvas LLC, Goodman Real estate, 600 Elliott Avenue West, Canvas Apartments

Essex Property Trust Buys Seattle Apartment Complex for $47.6MM

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By Meghan Hall Apartment investors are still closing deals, taking no breaks even as the year ends. In another apartment deal that closed just before...
MacNaughton, Pryde Development Company, Ballard, Seattle, Keelson Ballard

Hawaii-Based Investor Purchases Ballard Apartment Community for $53.5MM

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By Meghan Hall Another Seattle apartment community has traded hands, this time to a developer from Hawaii. In a deal that closed this week, the...
Ambrose Bremerton Jackson Square Properties CBRE Bremerton Fast Ferry Wolff Company Puget Sound tech jobs home place to live

Jackson Square Properties Buys 216-Unit Bremerton Property for $92MM

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(EDITOR'S NOTE: According to public records, the sale closed on December 22nd, and the price was $92 million, or $425,926 per unit.) SEATTLE – Dec....
LIHI, Johnson & Carr, SWH, Capitol Hill, Seattle, Seattle Office of Housing

Low Income Housing Institute Closes on Second December Deal, Pays $16MM for Seattle Development...

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By Meghan Hall Seattle’s Low Income Housing Institute is a nonprofit that for decades has been working to increase and maintain housing for low-income, homeless...
New York Life Investments, The Meadows Near Summit, Tacoma, American Property Management

New York Life Investments Pays $45.5MM for Tacoma Apartment Complex

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By Meghan Hall Following on the heels of Seattle and Bellevue, the city of Tacoma is rapidly growing and is increasingly attracting investor interest. Institutional...
Seattle, Capitol Hill, King County, Low Income Housing Institute, Neman Taber, Seattle Central College, University of Washington, Broadway Hill Park, Aloha Inn, Arion Court, Renton, Lynwood, Olympia, Bellevue

Low Income Housing Institute Buys 36-Unit Apartment Building in Seattle for $10.97MM

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By Catherine Sweeney  After recently being completed this year, a 36-unit apartment building in Seattle’s Capitol Hill neighborhood will soon become low income housing. According...
Virtu Investments, Cerasa Apartments, IPA,

Bellevue’s Cerasa Apartments Trades for $109MM

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By Meghan Hall Puget Sound multifamily assets continue to trade at a rapid pace. In another recent closing, Bellevue’s Cerasa Apartments sold for $109 million,...
Security Properties, Lacey, Martingale Apartments

Security Properties Acquires Lacey’s Martingale Apartments for $92MM

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SEATTLE, Dec. 22, 2021 -- On December 14, 2021, Security Properties purchased Martingale, a Class A multifamily property located in Lacey, WA for $92,000,000. Security Properties...
Kamiak Real Estate Partners, Sora Apartments, Seattle, AEKP Real Estate LLC, Skidmore Janette Architecture, Berkadia

Kamiak Real Estate Partners Sells Newly-Constructed Sora Apartments in Seattle’s University District for $16MM

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15K + SF Fully-Leased 54-Unit Boutique Apartment Sold to AEKP Real Estate LLC Seattle, Wash.  – Kamiak Real Estate Partners (Kamiak), a real estate firm focused on...
RISE Properties Trust, Sancerre Apartments, Kirkland, Thrive Communities

RISE Properties Trust Acquires Sancerre Apartments in Kirkland for $49.5MM

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(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 2021 Totaling...

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Oakley Executive RV & Boat Storage, Oakley, Brentwood, Danville, Rio Vista, PG&E, Amazon, Tracy, Richmond, Discovery Bay, Toy Storage Nation, Lake Berryessa, Love's Truck Stop, Public Storage

Q&A: Chris Koenig Gives Perspective on Niche Segment of Storage Sector

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By Catherine Sweeney  While self-storage assets have gained popularity in the past several years, some property owners are exploring more niche segments of the storage...

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