Rise Properties Trust
MG Properties Pays $53MM for 164-Unit Woodcreek Apartments in Lynnwood
The acquisition marks MG Properties’ latest move in a Seattle-area buildout that has added roughly a dozen communities since 2015, following its $95.6...
Rise Properties Trust Affiliate Sells 126-Unit Station Nine Apartments in Lynnwood for $34MM
Station 9, LLC bought the 126-unit Lynnwood complex from a Rise Properties Trust affiliate for roughly $269,841 per unit, betting that unrenovated units...
RISE Properties Trust Affiliate Sells 198-Unit Bower Village Apartments in Kent for $45MM
Kent Valley’s apartment market draws fresh capital even as Kidder Mathews reports softening fundamentals region-wide. A Nevada investment firm has picked up a...
RISE Properties Affiliate Closes $46.3MM Acquisition of Burien’s 146-Unit Desie Apartments
By The Registry Staff A real estate investment fund completed a sales transaction in the Puget Sound region recently. According to King County...
RISE Properties Trust Affiliate Buys 66-Unit Cierra Commons in Burien for $13.2MM
By The Registry Staff Cierra Commons, a 66-unit apartment complex in Burien has been sold for $13.2 million, or about $200,000 per unit,...
RISE Properties Trust Secures $92MM Loan to Refinance 266-Unit Multifamily Assets in Seattle
Seattle, WA (January 21, 2025) – Mesa West Capital has provided RISE Properties Trust with $92.5 million in first mortgage debt to refinance...
Security Properties Sells 74-Unit Apartment Complex in Bellevue for $30MM
By Kate Snyder An apartment complex in Bellevue has traded hands as investors continue to be attracted to the Puget Sound region’s multifamily...
RISE Properties Sells Artesia Apartments in Everett for $61.6MM
SEATTLE, WA — May 24th, 2023 — RISE Properties Trust (“RISE”) a Canadian real estate trust based in Seattle, today announced the sale of Artesia Apartments,...
164-Unit Apartment Building in Lynnwood Trades in Equity Deal Worth $55MM
By Kate Snyder A Canadian real estate investment trust that has been involved in a number of transactions in the Puget Sound region...
RISE & Tokyu JV Purchase 223-Unit Saddlebrook Apartments in Des Moines for $73.4MM
(EDITOR’S NOTE: According to public records, the property was sold for $73.4MM, or about $329,148 per unit.) Des Moines, WA — RISE Properties...
The Swig Company & RISE Properties Acquire 139-Unit Colina Apartments in Seattle for $65.5MM
(EDITOR’S NOTE: According to a statement from the brokerage firm that handled the sale, Kidder Mathews, the sale closed for $65.5 million, or...
RISE Properties Trust Pays $78.3MM for 252-Unit Apartment Building in Seattle
(EDITOR’S NOTE: According to public records, the property sold for $78.3 million, or about $331,714 per unit.) SEATTLE, WA — RISE Properties Trust...
