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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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FinanceIndustry NewsResidential

Lipoma Firs Townhomes Hits Market in Puyallup With Assumable 2.87% Loan on 56 Units

Berkadia has brought Lipoma Firs Townhomes, a 56-unit townhome community in Puyallup's South Hill area, to market carrying an assumable loan priced well...

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AECFinanceHospitalityIndustry NewsResidential

Three-Parcel Belltown Development Site Hits the Market in Seattle With Zoning for a 400-Foot, 353-Unit Tower

A 0.45-acre assemblage of three parcels on Fifth Avenue in Seattle's Belltown neighborhood has been listed for sale with entitlement studies supporting everything...

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People on the Move

Berkadia Taps Veteran Multifamily Executive as Chief Revenue Officer to Unify Mortgage Banking and Investment Sales Platforms

Berkadia is pleased to announce that Blake Okland has been appointed Chief Revenue Officer, bringing nearly three decades of leadership experience in multifamily...

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FinanceIndustry NewsResidential

42-Unit Timberwood Value-Add Apartments in Lakewood Hit the Market at $8.15MM

A partially renovated, 42-unit apartment community in Lakewood has come to market at a price that hands the next owner a half-finished renovation...

View of Bremerton, WA with the Olympic Mountains in the background 
AECFinanceIndustry NewsResidential

373-Unit Bremerton Landing Development Site Across 7 Acres in Kitsap County Hits Market for $9MM

The four-parcel Puget Sound assemblage offers shovel-ready entitlements for 82 units and a proposed 291-unit Phase 2, with potential Opportunity Zone designation looming...

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FinanceIndustry NewsResidential

64-Unit Silverwood Park in Des Moines Trades for $10MM, Headed for Affordable Housing

A transit-adjacent apartment community near the Kent Des Moines light rail station has changed hands in a deal structured to preserve it as...

BioMed Realty Seattle South Lake Union Beebe Realty Dexter Yard Vulcan Real Estate Lakefront Blocks Deka Immobilien
FinanceIndustry NewsResidential

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

The 2021-vintage, 97-percent occupied building is asking $390,625 per unit at a trailing 5.32 percent cap rate, pricing above current Seattle MSA averages....

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FeaturedFinanceIndustry NewsResidential

Bellevue Investor Relists 51-Unit Viewland Apartments in Seattle’s Greenwood for $20MM Months After Acquisition

The ownership group is testing the market with a quick re-trade of the newly built North Seattle asset, anchored by a rare assumable...

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