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FinanceIndustry NewsResidential

PGIM Acquires 166-Unit Senior Housing Community in Tukwila for $85MM

By Catherine Sweeney Not long after completing construction, Marvelle at Southcenter, a 166-unit senior housing community in Tukwila has sold for $85 million,...

PGIM, American Property Management, Seattle, Vantage Park at First Hill, Yardi Matrix
FinanceIndustry NewsResidential

PGIM Sells Two Seattle Apartment Complexes for Combined $68.4MM

By Meghan Hall Apartments across the Puget Sound continue to sell at a rapid pace, and PGIM has added to the trend with...

FinanceIndustry NewsNews ReleasesResidential

PGIM Real Estate Arranges $482MM Fannie Mae Credit Facility for Six Sobrato Multifamily Assets

LOS ANGELES – PGIM Real Estate has arranged a $482 million Fannie Mae credit facility collateralized by six multifamily properties located on the West...

AECCommercialFinanceIndustry NewsResidential

Documents Reveal Google Paid $435MM for Kirkland Urban Property in Fall of 2019

By Meghan Hall The long-speculated price of Google’s acquisition of a portion Kirkland Urban, a large, Class A mixed-use development in downtown Kirkland,...

Seattle, Kidder Mathews, Fannie Mae, Ginnie Mae, Freddie Mac
FinanceIndustry NewsNews ReleasesResidential

Fierce Competition Amongst Lenders in Seattle Apartment Market

Seattle, Wash. (October 31, 2019) – The first annual multifamily lending market update, released by the multifamily investment team led by Dylan Simon...

CommercialFinance

Morgan Stanley Buys 8th and Olive Building in Seattle for $186MM

By Jack Stubbs Morgan Stanley recently acquired the nearly 301,000 square foot 8th and Olive office building in Seattle as part of the...

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