Thrive Communities
MG Properties Buys 344-Unit Dockside Apartments in Kent for $95.6MM
By The Registry Staff A large apartment complex in Kent has traded hands. The Dockside Apartments have sold for $95.6 million, or about...
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,...
Nitze-Stagen Announces 195-Unit Trace 4001 Podium Topping-Out in Seattle’s Othello Neighborhood
Seattle developer Nitze-Stagen is constructing an eight-story affordable housing project at 4001 S. Willow Street, which will provide 195 apartment homes for low-...
Nitze-Stagen Announces Construction Start on 195-Unit Trace 4001 in Seattle
Keeping Othello Affordable with 195 Attainably Priced Units 50%-80% AMI Seattle, WA. – October 22, 2024 – Nitze-Stagen, the lead developer for Trace 4001,...
Nitze-Stagen Receives $19.1MM From Amazon Housing Equity Fund for 191-Unit Trace 4001 in Seattle
Bringing 191 Affordable Apartment and Loft Units to the Othello Neighborhood with support from the Amazon Housing Equity Fund Seattle, WA. – December...
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,...
GIS International Group, Master Builders Association of King and Snohomish Counties Celebrate Grand Opening of 157-Unit Apartment Community in Kent
KENT, Wash. (Sept. 19, 2022) – GIS International Group, DMG Capital Group, and Master Builders Association of King and Snohomish Counties (MBAKS) today...
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 Acquires Sancerre Apartments in Kirkland for $49.5MM
(EDITOR’S NOTE: IPA’s Giovanni Napoli and Philip Assouad brokered the deal.) Company Closes Out Year with Nine Purchases Across the Pacific Northwest in...
RISE Properties Trust, Oaktree, Acquire The Village at Ten Trails Apartments in Black Diamond for $68MM
(EDITOR’S NOTE: According to King County public records, the asset sold for $68 million, or about $386,363 per unit. The seller was an...
