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The Timberlane/PCCP venture funded its purchase of the Jackson with a $127.5 million mortgage from MF1 Capital.
Commercial Real Estate Direct Staff Report A venture of Timberlane Partners and PCCP has paid $173 million, or $325,187/unit, for the 532-unit Jackson Apartments in Seattle. Timberlane, of Seattle, and PCCP, of Los Angeles, acquired the property from its developer, ...
A venture of GT Capital and Freestone Capital Management has paid about $43.7 million, or $227,604/unit, for the 192-unit Lock Vista Apartments in the Ballard neighborhood of Seattle. GT Capital, of Kenosha, Wis., and Freestone, of Seattle, acquired the property ...
Commercial Real Estate Direct Staff Report An affiliate of Goodman Real Estate has paid $47.76 million, or $343,597/unit, for the 130-unit ArtHouse apartment property in Seattle. The local investment firm acquired the property, at 2334 Elliott Ave., from TPG Angelo ...
Puget Sound Business Journal Sagard Real Estate has paid $29.25 million, or $394.58/sf, for the Market at Lake Stevens, a 74,130-square-foot retail property in Lake Stevens, Wash., a city that's 33 miles north of Seattle. The Denver investment manager acquired ...
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 Greystone has provided a $30 million Freddie Mac loan to facilitate the purchase of the 102-unit Lock Vista apartments in Seattle. The property, at 3025 NW Market St., was purchased for $43.7 million by a ...
Terreno Realty Corp. has paid $27.1 million, or $223.97/sf, for the 121,000-square-foot industrial property at 510 Andover Park West in the Seattle suburb of Tukwila, Wash. The price the Bellevue, Wash., REIT paid results in a 3.9% capitalization rate. The ...
Puget Sound Business Journal A limited liability company led by Jeff Jensen has paid $21.5 million, or $151,408/unit, for the 142-unit Pacific Walk Townhomes in Lakewood, Wash., which is 37 miles south of Seattle. The Fox Island, Wash., investor acquired ...
Commercial Real Estate Direct Staff Report Unable to line up sufficient financing to take out the $132 million mortgage against the 537,046-square-foot Millennium Corporate Park office property in suburban Seattle, the property's owner is seeking to get the loan modified. ...
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