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Alexan Access, which has been renamed Bell Alderwood, was built in 2023 and has studio, one-, two-, and three-bedroom units with monthly rents that start at $1,833.
Commercial Real Estate Direct Staff Report Bell Partners has paid $142 million, or $370,757/unit, for the 383-unit Alexan Access apartment property in the Seattle suburb of Lynnwood, Wash. The Greensboro, N.C., investment manager bought the property, at 2727 Alderwood Mall ...
Commercial Real Estate Direct Staff Report IRA Capital, which last June paid $78 million, or $308,300/unit, for the 253-unit Quail Park of Lynnwood in the Seattle suburb of Lynnwood, Wash., has lined up $58 million of mortgage financing against the ...
Puget Sound Business Journal Curtis Capital Group has paid $20.6 million, or $257,500/unit, for the 80-unit Glennbrook Apartments in Lynnwood, Wash. The Bellevue, Wash., company purchased the property from Weidner Apartment Homes, which had acquired it in 2010 for $6.8 ...
Interstate Equities Corp. has paid $28.25 million, or $233,471/unit, for Augusta Glen, a 121-unit apartment property in Lynnwood, Wash. The Los Altos, Calif., investment firm purchased the property from APIC Inc. in a deal brokered by Marcus & Millichap's Institutional ...
KeyBank has provided $32.16 million of Freddie Mac financing to facilitate the recapitalization of Woodcreek, a 164-unit apartment property in Lynnwood, Wash. RISE Properties Trust recapitalized the property in a deal valued at $54.88 million, or $334,634/unit, by bringing in ...
Commercial Property Executive Greystone has provided $61.3 million of Fannie Mae financing against Kinect @ Lynnwood, a 239-unit apartment property in Lynnwood, Wash. Cushman & Wakefield arranged the 10-year loan, which pays a fixed coupon and requires only interest payments ...
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