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FinanceIndustry NewsResidential

47-Unit Stream 403 Apartments on Seattle’s Capitol Hill Sells for $20.4MM

The 47-unit Stream 403 apartments at 403 Belmont Ave. E on Seattle’s Capitol Hill sold for $20.4MM, or about $434,000 per unit.

Port of Tacoma
CommercialFinanceIndustry News

Bank-Owned 105,000 SQFT Tacoma Tower Portfolio Hits Market After Stalled Apartment Conversion

The bank-owned Tacoma Tower, a 1912 landmark on Pacific Avenue, is for sale with a low-rise and garage after a stalled apartment conversion.

Facade of an apartment building
FinanceIndustry NewsResidential

32-Unit Edric Apartments in West Seattle Hits Market at $12.5MM

The 32-unit Edric Apartments in West Seattle has come to market at $12.5MM, priced well above the county's average per-unit sale.

fernando-hernandez-azOupDDldt4-unsplash-tacoma
FinanceIndustry NewsResidential

98-Unit Tacoma Townhome Portfolio Listed for Sale With Assumable Sub-3.65% Debt

Berkadia is marketing a 98-unit, four-property Tacoma townhome portfolio with sub-3 percent vacancy and fixed-rate assumable loans as low as 3.49 percent, positioning...

Aerial view of Tacoma
FinanceIndustry NewsResidential

Ethos Development and Meritus Property Group List 53-Unit Pine Street Townhomes in Tacoma After $1.1MM Renovation Program

A South Tacoma townhome community has come to market backed by three years of renovation data showing double-digit rent premiums, an unusually well-documented...

Apartment buildings
FeaturedIndustry NewsResidential

Seattle’s Apartment Boom Skipped Families, With Only 14.5% of Rentals Offering Three or More Bedrooms

A Berkadia analysis of Seattle's rental stock finds the metro has spent its building cycle on studios and one-bedrooms, leaving renter families to...

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FinanceIndustry NewsResidentialRetail

71-Unit Mixed-Use Camelia on Bainbridge Trades for $26.83MM to Local Investment Firm

An international seller handed off Camelia on Bainbridge, a 71-unit apartment and retail property in the heart of Winslow, to a local multifamily...

apartment building
FinanceIndustry NewsResidential

32-Unit Gladstone Apartments in Seattle’s Lake City Listed for $5.995MM

Seattle's 32-unit Gladstone Apartments has hit the market for $5.995 million, offering buyers a choice between finishing a renovation program already covering two-thirds...

Facade of an apartment building
FinanceIndustry NewsResidentialRetail

50-Unit Town Centre Village Apartments Trades for $9.1MM in Lakewood

TCV Lakewood LLC's $182,000-per-unit purchase of the 50-unit Town Centre Village Apartments marks one of the pricier Pierce County multifamily trades of the...

Aerial view of Tacoma
FinanceIndustry NewsResidential

40-Unit Legacy Ridge Apartments in Tacoma Trades for $8.65MM

A brokerage team closed a Tacoma apartment sale within three days of winning the listing, before the property was ever formally brought to...

Port of Tacoma
FinanceIndustry NewsResidential

91-Unit Indigo Apartments Hits Market in Tacoma for $9.8MM

A fully renovated 91-unit apartment community in Tacoma has hit the market for $9.8 million, giving investors a below-replacement-cost entry point in a...

Apartment buildings in Seattle with the Space Needle in the background
AECCommercialFinanceIndustry NewsResidential

Development Site in Seattle’s Belltown Hits Market with Options Ranging From 140 to 353 Units

A Belltown block occupied by three aging office buildings is testing whether entitlements alone can move a Seattle development site to sale, with...

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