Pillar Communities Sells 120-Unit Pine+Minor Apartments in Seattle for $28.4MM

The sale of Pine+Minor marks the first ownership change at the Capitol Hill property since Portland developer Gerding Edlen sold the building roughly a decade ago, arriving as Seattle's multifamily market shows falling vacancy and cooling per-unit pricing citywide. The 120-unit Pine+Minor apartment building in Seattle's Pike-Pine corridor traded for $28.4 million, taking over a […]