Thursday, October 17, 2019

Tag: Seattle

Suburban Seattle apartment complex sold by IPA for $34.5 million

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced today the sale of RedHill Pines, a 168-unit garden-style apartment complex in Kent,...

JLL closes $216.1 million sale of Met Tower in Seattle

JLL announced today that it has closed the $216.1 million sale of Met Tower, a trophy 366-unit, high-rise multihousing building located in the heart...

Apartment cleaning service expands business model

Lapa Lopa, an innovative cleaning service exclusively for apartments, has launched a new app for cleaners, whether individuals or cleaning companies. Operating in the...

Decron Properties acquires multifamily property in Seattle, Washington for $78.750 million.

Decron Properties made its second significant investment in the Seattle MSA within the past 10 months with its acquisition of a 302-unit multifamily community...

Knighthead Funding provides $29.85 million financing for two apartment properties in Seattle, WA

Knighthead Funding LLC, has originated two separate loans totaling $29.85 million in first mortgage debt secured by a micro-unit rental property in the Roosevelt...

Thrive Communities hires Cori McLeod, multifamily industry leader

Thrive Communities, a Seattle-based apartment management firm with 12,000 units under management, has announced industry leader Cori McLeod has joined the Thrive executive team...

Mill Creek announces groundbreaking of Modera Broadway

Mill Creek Residential, a leading multifamily investor and operator specializing in premier apartment communities across the U.S., today announced the groundbreaking of Modera Broadway,...

Twin-tower development site in Denny Triangle sells for $72 million

A multifamily development site, located at 1901 Minor Avenue in Seattle, Washington, has been purchased by Concord Pacific, a Canadian residential developer, for $72...

Ground has broken on Pivot, a mixed-use project on Capitol Hill

Ground has recently broken on “Pivot,” a mixed-use project located at the convergence of Downtown Seattle and Capitol Hill’s thriving Pike/Pine neighborhood, developed by...

RISE Properties Trust and Aegon Real Assets US acquire Waterbury Park Apartments in Federal...

RISE Properties Trust (“RISE”) a Canadian real estate trust based in Seattle, and Aegon Real Assets US (“Aegon RA”), an indirect wholly owned subsidiary...

Legacy Partners announces opening of 208-unit Seattle-area community

Legacy Partners (Legacy), a privately-owned national real estate firm, and Momentum Partners (Momentum) announced today the grand opening of Wellstone at Bridgeport, located at...

Intracorp starts construction on 321-residence apartment building in Little Saigon

Prominent North American developer, Intracorp, announced today that it is preparing to begin construction on a brand-new, 321-residence apartment building within Seattle’s Little Saigon...

Seattle zones for affordable housing

The Seattle city council has passed, and the mayor has signed, new zoning laws that will allow higher density housing to be built in...

Does the Seattle housing law forbidding landlords from checking tenants’ criminal history go too...

With slews of tent encampments in a fast-growing city flush with tech-sector cash, it’s tough questioning Seattle’s serious problem with homelessness and affordable housing. But...

Decron Properties enters Seattle multifamily market with $173 million apartment buy

In one of the largest multifamily transactions in Seattle this year, Decron Properties has acquired Avana 522 (Avana), a 558-unit multifamily property in Bothell,...

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