Commercial Real Estate Direct Staff Report MG Properties has paid $95.34 million, or $277,151/unit, for the 344-unit Dockside Apartments in Kent, Wash., about 18 miles south of Seattle. The San Diego investment manager acquired the property, at 23605 62nd Ave., ...
Commercial Real Estate Direct Staff Report TruAmerica has paid $47.2 million, or $240,816/unit, for the 196-unit Plum Tree Park apartment property in the Seattle suburb of Renton, Wash. The Los Angeles investment manager bought the property from an affiliate of ...
Office property values in Seattle continue to get hammered. The latest hit is a portfolio of nine properties with 1.64 million square feet owned by Martin Selig Real Estate in the city's Lower Queen Anne, Elliott Park, Belltown, and Financial ...
Commercial Real Estate Direct Staff Report Epic Asset Management has paid $82.75 million, or $340,534/unit, for the 243-unit Postmark Apartments in the Seattle suburb of Shoreline, Wash. The Seattle affiliate of the Stephanus family office bought the property, at 17233 ...
Evergreen Ventures has paid $36.8 million, or $350,476/unit, for the 105-unit Viva apartment property in Seattle. The company, the alternative investment arm of Evergreen Gavekal, purchased the property from Transwestern Investment Group of Dallas. The Viva, at 1111 East Union ...
JLL Capital Markets has written a $22.95 million Freddie Mac loan to facilitate Evergreen Ventures' $36.8 million purchase of the 105-unit Viva apartment property in Seattle. Evergreen, the alternative investment arm of Evergreen Gavekal, acquired the property from Transwestern Investment ...
Commercial Real Estate Direct Staff Report Northmarq has originated $33 million of Fannie Mae financing against the 186-unit Renwood Apartment Homes in Bonney Lake, Wash. The fixed-rate loan allows the property's owner, Investco of Sumner, Wash., to retire existing debt ...
Puget Sound Business Journal Evergreen Ventures has paid $36.8 million, or $350,476/unit, for the 105-unit Viva apartment property in Seattle. The company, the alternative investment arm of Evergreen Gavekal, purchased the property from Transwestern Investment Group of Dallas. The Viva, ...
Commercial Real Estate Direct Staff Report Abacus Capital Group has paid $56.45 million, or $282,250/unit, for the 200-unit Alderra Apartment Homes in the Seattle suburb of Puyallup, Wash. The New York investment manager purchased the property from Auctus Capital Partners ...
Puget Sound Business Journal Blackstone has paid $75 million, or $128,205/unit, for two apartment properties with 585 units in SeaTac, Wash., about 11 miles south of Seattle. The investment giant acquired the properties from their developer, Inland Group of Oak ...
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