Local Partnership Acquires Seattle’s 42-Story Smith Tower in Bargain & Sale Deed in Lieu of Foreclosure

(Editor's Note: According to public documents reviewed by The Registry, the sale was completed as a bargain and sale deed in lieu of foreclosure. While no specific sales price was given, the assessed value of the three-parcel asset totals $124 million.)SEATTLE, Aug. 9, 2024 -- In a landmark transaction that underscores the enduring appeal of […]