Berkadia
DevCo Residential Group Opens 245-Unit Kendrick Landing Affordable Community By Lakewood Sound Transit Station
Bellevue-based DevCo Residential Group has completed its first Lakewood development, a fully affordable, transit-adjacent apartment community that adds 245 rent-restricted homes south of...
Bremerton Landing Offers Buyers Two Paths: 82 Shovel-Ready Units or Full 373-Unit, $9MM Kitsap Build-Out
With Kitsap County vacancy tightening and no new apartments under construction in Bremerton, the seven-acre Bremerton Landing assemblage on Prospector Street is being...
Mill Pond Development Site in Olympia Hits Market for $3.5MM With Plans for 90 Apartments
A Thurston County parcel zoned Neighborhood Village has hit the market for $3.5 million with plans for 15 one-bedroom, 60 two-bedroom and 15...
Ravenna Partners Breaks Ground on 104-Unit Lachlan Apartments in Seattle’s Fremont Neighborhood
Seattle developer Ravenna Partners has started construction on Lachlan, an eight-story, 104-unit apartment building on a long-stalled lot beside Fremont Brewing, reviving a...
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.
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.
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.
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...
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...
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...
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...
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...
