Grosvenor Americas
Examining the Current State of Seattle’s Condo Market
By Jack Stubbs “In the last cycle in Seattle, there was obviously a huge wave of multifamily being introduced into the market and...
MainStreet Property Group Breaks Ground on The Bond, A 139-Unit Apartment Complex Located Next Door to Redmond’s Marymoor Park
Eco-Friendly, LEED Gold-Targeted Project to Feature 1.5 Acre Preserved Urban Forest, Large Outdoor Courtyard & Sports Complex with Stunning Views Redmond, Wash., August...
Rise Properties Buys Everett Apartment Complex for $40.4MM
Everett is now in sights for apartment investors in the greater Puget Sound region. Last week, Rise Properties Trust scooped up the 192-unit...
Grosvenor Americas Appoints New Non-Executive Director
Gordon Campbell has been appointed to Grosvenor Americas’ Board of Directors. Mr. Campbell has served in some of Canada’s highest leadership roles. He...
524-Unit Multifamily Garden Community in Bothell Sells for $145MM
Seattle, Wash. (October 24, 2016) – Griffis Residential, a Denver-based multifamily investment and management firm, has purchased Bridges at Northcreek, a 524-home multifamily...
Griffis Residential Acquires 524-Unit Residential Asset in Bothell for $145MM
(Editor’s Note: The sales price of the property was $145 million, or $276,718 per unit, and a cap rate of 4.7 percent.) October 18,...
360-Home Multifamily Garden Community in Woodinville Sells for $98MM
Seattle, Wash. (October 17, 2016) – Acacia Capital Corporation, a property investment firm based out of San Mateo, California, has purchased Campbell Run,...
Grosvenor Americas Appoints Non-Executive Director
Ms. Morgan-Silvester is a corporate director serving on a number of boards including: Canadian Western Bank, ENMAX Corporation, Grant Thornton LLP, Grant Thornton...
Grosvenor to Achieve a 5 Cap Rate on Bellevue Apartment Acquisition
By Jon Peterson Grosvenor Americas is looking to earn just over a 5 percent cap rate on its $40.2 million acquisition of the...
Grosvenor Sells Redmond Apartment for $43MM
By Jon Peterson Grosvenor Americas has sold the Peloton Apartments in Redmond for $43 million to San Mateo, Calif.-based G.W. Williams Co. The...
