Seattle Social Housing Developer
Seattle Apartment Cap Rates Climb to 5.7%, Highest Since at Least 2018, as Prices Sit 29% Below 2019 Peak
Seattle's average apartment cap rate rose nearly a full percentage point in a year to 5.7 percent in the second quarter of 2026,...
Eaton Vance Affiliate Pays $87.3MM for 359-Unit Assembly118 Apartments at Seattle’s Othello Station
An entity affiliated with Eaton Vance’s Real Estate Investment Group has bought a 359-unit apartment building next to Seattle’s Othello light rail station...
Seattle Social Housing Developer to Buy 195-Unit Youngstown Flats in West Seattle for $68MM
Seattle’s social housing authority is buying a 2013 West Seattle apartment building for less than it sold for eight years ago, its second...
Seattle Social Housing Developer Pauses Lowest-Income Applications at 150-Unit Elara to Build Out Support Services
The voter-created agency behind Seattle's social housing experiment has temporarily stopped taking applications from its lowest-income prospective tenants at its first building, Elara...
Seattle Social Housing Developer Closes $60.9MM, 150-Unit Elara at the Market in Belltown Acquisition, With Second Deal on Deck
The Seattle Social Housing Developer has closed on its purchase of the 150-unit Elara at the Market in Belltown, converting first-year tax receipts...
Seattle Social Housing Developer to Buy 150-Unit Elara at the Market in Seattle’s Belltown for $60MM
The first major acquisition by the voter-created public housing authority puts Prop 1A tax revenue to work in one of downtown Seattle's tightest...
Seattle City Council Votes to Fund Permanently Affordable and Publicly Owned Housing
SEATTLE - Today, the Seattle City Council unanimously approved the Interlocal Agreement between City of Seattle and the Seattle Social Housing Developer (SSHD),...
Mayor Harrell Proposes $2MM Bridge Loan to Support Seattle Social Housing Developer
Seattle – Today, Mayor Bruce Harrell announced legislation to authorize the City’s Finance Director to provide a $2 million bridge loan to the...
Seattle Social Housing Developer Selects Roberto Jimenez as First CEO
Seattle, WA – July 18, 2024 – The Seattle Social Housing Developer (SSHD) is pleased to announce the appointment of Roberto Jimenez as...
