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FinanceIndustry NewsResidential

Red Tail Acquisitions Buys 115-Unit Exeter House Apartments for $25MM in Seattle’s First Hill

The 1927 property traded at roughly $217,400 per unit, well below comparable recent multifamily sales across Seattle’s urban core. An entity affiliated with...

Space Needle between two apartment buildings in Seattle
FeaturedFinanceIndustry NewsResidential

Puget Sound Apartment Market Hits $6 Billion in Transaction Volume as Institutional Investors Return to the Region

The Simon | Anderson Multifamily Team at Kidder Mathews delivered its spring market outlook at its 26th investor forum, citing a surge in...

sean-benesh-VeAXZMgyICM-unsplash-apartment
FinanceIndustry NewsNews ReleasesResidential

Alliance Multifamily Sells Historic 34-Unit Roy Vue Apartments in Seattle’s Capitol Hill for $11.5MM

(Editor’s Note: According to King County public records, the seller was an entity affiliated with Alliance Multifamily, and the buyer was a Seattle-based...

josh-hild-4AnHVIzkPn4-unsplash-seattle
FinanceIndustry NewsResidential

91-Unit Alt Flats in Seattle’s Capitol Hill Listed for Sale as New-Construction Multifamily Asset

The 2024-built property at 421 Belmont Ave. E has reached 95 percent occupancy and features a diverse unit mix across nine floors in...

View of Seattle skyline at night
FinanceIndustry NewsRetail

Tourmaline Capital Acquires 43,000 SQFT Harvard Market Shopping Center in Seattle for $14.2MM

The value-add acquisition of the 55 percent-leased retail center on Broadway closes at a 15 percent discount to the sellers’ 2007 purchase price...

Seattle skyline from Lake Union
FinanceIndustry NewsResidential

Hearthstone and Redwood Housing Affiliate Acquires 60-Unit Elizabeth James House in Seattle for $13MM

The HUD-subsidized affordable housing building, restricted to elderly and disabled residents, trades at roughly $216,600 per unit as Seattle accelerates its affordable housing...

Dave’s Hot Chicken restaurant
Industry NewsRetail

Dave’s Hot Chicken Targets 11 New Western Washington Locations as Billion-Dollar Brand Accelerates Puget Sound Growth

The Nashville-style hot chicken franchise, backed by Roark Capital, is seeking sites across the region from Bellingham to Olympia as its Capitol Hill...

AECIndustry NewsResidential

Lou Development Plans 52-Unit Mixed-Use Project in Seattle’s Central District

Seattle officials grant conditional approval for redevelopment near Seattle University with 52 apartments, street-level commercial space and subgrade parking Urban infill development continues...

Low angle view of a modern style business building, with lots of windows on a sunny, cloudy day
FinanceIndustry NewsResidential

Hamilton Urban Partners Buys 52-Unit Crest Apartments in Seattle for $9.8MM

Capitol Hill property at 1718 Melrose Ave. trades below its $14.2 million June 2025 ask; seller tied to Metropolitan Management Company A period...

alex-rosas-DYN_megHLB0-unsplash-west seattle
FinanceIndustry NewsResidential

44-Unit West Seattle Multifamily Property Hits Market at $10.5MM

Newly completed California Avenue apartment building offers investors turnkey cash flow as Seattle construction pipeline contracts sharply A newly constructed Merz, a 44-unit...

Seattle skyline
AECIndustry NewsResidential

New Hope Community Development Institute’s 92-Unit Housing Project Breaks Ground in Seattle’s Central District

Church-owned 71,000-square-foot, $54 million project will bring income-restricted units to the neighborhood Seattle’s Central District, long a focal point of debates around affordability...

robert-ritchie-JEicDFy5Cd8-unsplash-seattle
FinanceIndustry NewsResidential

19-Unit Serpentine Apartments in Seattle Listed at $6MM With $106,000 Annual Rent-Growth Potential

Kidder Mathews markets 19-unit Spanish-Mediterranean property in Wallingford at $315,800 per unit Multifamily properties built before 1940 represent a shrinking share of Seattle’s...

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