Subscribe
Home Finance RISE Properties Trust Affiliate Sells 366-Unit The Groves in Kent to FPA Multifamily for $72MM
FinanceIndustry NewsResidential

RISE Properties Trust Affiliate Sells 366-Unit The Groves in Kent to FPA Multifamily for $72MM

October 1, 20263 Mins read945
Share
Apartment building with a pink background
Photo by Simone Hutsch on Unsplash
Share

San Francisco-based FPA Multifamily picked up the 1980-built complex for about $196,700 per unit, in line with recent South King County sales and about 29 percent below the regional average. The seller had renovated about 68 percent of the units since 2019. An entity affiliated with RISE Properties Trust has sold The Groves Apartments, a 366-unit […]

Thank you for your interest in The Registry. If you'd like to read further, you must Subscribe or Log In below to read the rest of this content.

Share
alexander-mils-xISlt5k2sfs-unsplash-profit money economy Previous post Washington Wage Floor Hits $17.73 in 2027 as Seattle Climbs to $22.14, Raising the Bill for Retail and Hospitality Tenants

2026 Pacific Northwest CRE Rising Stars

PNW CRE Rising Stars

Featured Posts

Skyline of Bellevue Washington

Eastside’s 14.7MM SQFT Office Pipeline Still Has Zero Pre-Leasing as Supply Freeze Props Up Bellevue Recovery

ByOctober 9, 2026


Recent Posts

Skyline of Bellevue Washington

Eastside’s 14.7MM SQFT Office Pipeline Still Has Zero Pre-Leasing as Supply Freeze Props Up Bellevue Recovery

ByOctober 9, 2026
Seatac airport

Hudson-Led Venture Lands 20-Year Deal for 31,000 SQFT Duty-Free Expansion at Seattle-Tacoma Airport

October 9, 2026
Bellevue Washington Cityscape and Meydenbauer Bay Aerial View

Nscale Doubles Lease at Bellevue’s The Eight to 46,000 SQFT Ahead of Opening and $35B IPO

October 9, 2026
Medical graphic

The Oregon Clinic Pays $17.3MM for Beaverton Building It Converted Into Creekside Pavilion Medical Hub

October 9, 2026
uni rail in Seattle

Coverse Capital Pays $17.5MM for 88-Unit 6700 Roosevelt Apartments Across From Seattle Light Rail Station

October 9, 2026
Related Articles
Financial graphic
FinancePortlandResidential

BRIDGE Housing Wins AA Rating from S&P, Setting the High-Water Mark for Nonprofit Housing Developers

S&P Global Ratings lifted BRIDGE Housing Corp.'s issuer credit rating and the...

ByOctober 9, 2026
Skyline of Bellevue Washington
AECCommercialFeaturedIndustry News

Eastside’s 14.7MM SQFT Office Pipeline Still Has Zero Pre-Leasing as Supply Freeze Props Up Bellevue Recovery

Broderick Group's third-quarter report still counts roughly 14.7 million square feet of...

ByOctober 9, 2026
Seatac airport
AECIndustry NewsLeasingRetail

Hudson-Led Venture Lands 20-Year Deal for 31,000 SQFT Duty-Free Expansion at Seattle-Tacoma Airport

The Port of Seattle has handed a joint venture of Avolta-owned Hudson...

ByOctober 9, 2026
Bellevue Washington Cityscape and Meydenbauer Bay Aerial View
CommercialIndustry NewsLeasing

Nscale Doubles Lease at Bellevue’s The Eight to 46,000 SQFT Ahead of Opening and $35B IPO

The London-based AI data center developer has added a second floor at...

ByOctober 9, 2026
© Copyright 2024 Jellywp. All rights reserved powered by Jellywp.com