Waterton Acquires 344-Unit Arrivé High-Rise in Seattle’s Belltown for $155MM

Waterton plans a light value-add renovation of Arrivé's lobby, amenities and units, betting on Belltown's walkable access to Amazon, Google and Apple even as downtown Seattle's per-unit sale prices have fallen nearly 15 percent year-over-year. Waterton has bought Arrivé, a 344-unit apartment high-rise occupying the upper floors of a mixed-use tower in Seattle's Belltown neighborhood, […]