Home Finance Seattle Social Housing Developer Closes $60.9MM, 150-Unit Elara at the Market in Belltown Acquisition, With Second Deal on Deck
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Seattle Social Housing Developer Closes $60.9MM, 150-Unit Elara at the Market in Belltown Acquisition, With Second Deal on Deck

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Apartment buildings in Seattle with the Space Needle in the background
Photo by Runkai Zhang on Unsplash
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The Seattle Social Housing Developer has closed on its purchase of the 150-unit Elara at the Market in Belltown, converting first-year tax receipts that beat projections into the city's first publicly owned, mixed-income housing asset. The experiment Seattle voters approved twice at the ballot box is about to own its first building. The Seattle Social […]

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