Rise Properties Trust
Security Properties Buys 186-Unit Cooper Apartments in North Seattle for $37.75MM, 28% Below 2019 Price
Security Properties has acquired the 186-unit Cooper Apartments, the former Linden Square, in Seattle's Bitter Lake neighborhood for $37.75 million from an entity...
Post Real Estate Group Buys 236-Unit Porchlight Apartments in Federal Way for $56.25MM, Locking In 80% AMI Rents
Beverly Hills-based Post Real Estate Group has bought Porchlight, a renovated 236-unit garden community in Federal Way, and will hold every apartment for...
Irvine Buyer Acquires 111-Unit Northline Apartments in North Seattle From RISE Properties Affiliate for $17.8MM
A RISE Properties Trust affiliate has sold the 1978-built Northline Apartments on Linden Avenue North to an Irvine, Calif.-based LLC, one of the...
Rise Properties Sells 178-Unit 10th @ Hoyt in Portland’s Pearl District for $40.4MM
A California family office has bought a 2004 Pearl District apartment building from Rise Properties for about $227,000 per unit, roughly 46 percent...
RISE Properties Trust Affiliate Sells 366-Unit The Groves in Kent to FPA Multifamily for $72MM
San Francisco-based FPA Multifamily picked up the 1980-built complex for about $196,700 per unit, in line with recent South King County sales and...
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...
