Pacific Urban Residential
AIMCO in Contract to Sell 135-Unit 2900 On First in Seattle’s Belltown for $69MM
By Vladimir Bosanac The multifamily sector across the greater Puget Sound region continues its healthy pace. In another transaction that will close later this...
Entity Affiliated with DWS Sells Tower 801 Apartments in Seattle for $64MM
By Meghan Hall After just over two years of ownership, a major institutional investor has traded away an apartment asset located in downtown...
Pacific Urban Residential Announces Merger With Affiliate Hanover Real Estate Investors
PALO ALTO, CA – Multifamily owner-operator and investment manager Pacific Urban Residential (”Pacific”) and multifamily private equity investor Hanover Real Estate Investors (“Hanover”) ...
Activity by Institutional Investors Grows as Greystar Snags Puyallup, Tukwila, Complexes for $163.55MM
By Meghan Hall The Puget Sound’s multifamily apartment is heating back up, and institutional investors are continuing to invest in the region. In...
Pacific Urban Residential Acquires 247-Unit Apartment Complex in Kent for $46.5MM
By Catherine Sweeney A Palo-Alto, Calif.-based real estate investment company is continuing to acquire property throughout the Puget Sound with a second multifamily...
Federal Way’s The Union Apartments Sells for $38.8MM
By Meghan Hall Institutional investment is continuing to see merit in Seattle’s suburbs as deals continue to close. In a recent transaction, Palo...
Rory Gardner Named President of Pacific Urban Residential
PALO ALTO, Calif., July 13, 2020 – 20 year multifamily veteran, Rory Gardner, has been named President of Pacific Urban Residential (‘PUR’), effective...
Pacific Urban Residential Spends $40.2MM to Acquire 198-Unit Atwater Clearing Apartments in Everett
By Jack Stubbs Palo Alto, CA-based Pacific Urban Residential (‘PUR’), a West Coast apartment investor, recently made moves to expand its Puget Sound...
RISE Properties & Tokyu Land Buy Renton Apartment Complex for $97.5MM
RISE Properties is at it again. After making three sizable apartment community acquisitions in the Puget Sound region this year, the company just...
Pacific Urban Residential Acquires the 55-Unit Terra Tukwila Apartments in Tukwila for $9.2MM
By Jack Stubbs On Monday, September 10th, the Terra Tukwila Apartments sold for $9.2 million, or approximately $167,272 per unit, according to public...
Pacific Urban Residential Buys Wasatch Hills in Renton for $67.2MM
(EDITOR’S NOTE: According to public documents, the property sold for $67,244,853, or approximately $188,000 per unit, and it closed on February 15, 2017....
Pacific Urban Residential Transacts $1BN in West Coast Multifamily in 2016
PALO ALTO, CA –Pacific Urban Residential (‘PUR’) announces it closed out an active 2016 with investments in multiple West Coast markets, bringing overall...
