Author: GREAdmin

Source Goodman Real Estate and Ginny Gilder, a co-owner of the Seattle Storm, have sold a four-story apartment building in the city's Interbay area for $33.75 million, according to public records. It's the latest acquisition for Rise Properties Trust, which has been on a buying spree in Washington state. Rise, a Canadian real estate trust that's… READ MORE

Source Sherman Associates has sold the Rayette Building in Lowertown St. Paul that itredeveloped into lofts in 2014.Minneapolis-based Sherman sold the 88-unit building to Seattle-based Goodman RealEstate Inc. for $21.2 million, according to a certificate of real estate value that was madepublic this week. The sale closed on March 21.JLL’s Capital Markets team represented Sherman… READ MORE

Source Seattle, Wash. – Kidder Mathews’ multifamily investment team led by Dylan Simon and Jerrid Anderson closed the sale of Inlet View Apartments, located in the city of Silverdale, Washington, in Kitsap County. The property sold for $16,200,000, equivalent to $162,000 per unit and just under $218 per net rentable square foot. Inlet View Apartments… READ MORE

Source California-based Glen Una Management recently sold Greensview Apartment Homes to Seattle-based Goodman Real Estate Inc. for $28.4M, according to public records. The 144-unit apartment building is located at 1520 West Casino Road in Everett. The last sale of note took place in 1991 when Kenneth and Gloria Levy purchased it from Himmel Corp. for… READ MORE

Source The Bradbury Apartments, at 718 Cherry St., have sold for a little over $7.4 million, according to King County records. The seller was Bradbury Apartments LP, associated with Goodman Real Estate, which had owned the property for decades. READ MORE

Source The 217-unit apartment complex is another addition to Equity Residential’s national portfolio of over 300 multifamily properties. Goodman Real Estate has sold the recently completed Phase I of The Lane apartments to Equity Residential for just under $84.9 million. Both parties used LLCs in the transaction, which King County recorded on Thursday. READ MORE

Source Jordan Menashe said he was tired Friday afternoon — and rightfully so. The CEO of Portland-based Menashe Properties just sealed the deal on the real estate investment company's largest deal ever, the $113 million acquisition of the historic Medical Dental Building in Seattle. "It's done," he said, "but I'm exhausted." The deal comes just over… READ MORE

Source The new Merc Apartments, at 18120 102nd Ave. N.E. in downtown Bothell, have sold for a little over $38.3 million, according to King County records. The seller was an LLC related to Goodman Real Estate, which acquired the land in 2014 for about $2.2 million, then developed it. READ MORE

Source The new Crew Apartments, at 8228 Green Lake Drive N., have sold for a little over $22.2 million, according to King County records. The sellers were GRE Green Lake LLC, an entity of Goodman Real Estate, and a former Goodman employee with a 1.8% share in the project. Goodman acquired the land in 2015 for $1.5 million, then developed it. READ MORE

Source The recently completed 205 Apartments, at 1795 N.E. 205th St. in Shoreline, have sold for just over $20.9 million, according to King County records. The seller was GRE 205th LLC, associated with Goodman Real Estate, which acquired the land in 2014 for $1.7 million, then developed it. READ MORE

Source A 1-acre corner development site at 16101 N.E. 87th St. in Redmond has sold for $7.2 million, according to King County records. The buyer was GRE Redmond 87 LLC, which is associated with Goodman Real Estate. Public records indicate a loan from M&T Bank.     READ MORE

Source Unico Properties paid nearly $37 million for the historic Colman Building, King County property records show. The nearly 150,000-square-foot building at 811 First Ave. last sold in 1997 for $7.1 million to Colman Properties, according to public records, a limited partnership associated with Seattle developer John Goodman. Unico bought the property under the name Unico… READ MORE

Source A privately held California company is the new owner of a 230-unit Lynnwood apartment complex that Seattle-based Goodman Real Estate developed five years ago. Beverly Hills-based FSC paid Goodman $58 million for the garden-style Altia property, 16520 Larch Way, just off of Interstate 5 near Martha Lake. The sale shows that investors remain interested… READ MORE

Source Seattle-based Goodman Real Estate is adding property management to its real estate services by bringing in-house its existing onsite community property management team members across the 9,472 units it oversees in Washington state. The move will affect 280 full-time staff who will transition from Texas-based Pinnacle Property Management Services LLC to Goodman. Before the… READ MORE

Source On Thursday, December 20th, the Deer Creek Apartment Homes in Puyallup sold for $48.5 million, or approximately $189,453 per unit, King County records show. The buyer was Goodman Real Estate, a multifamily and commercial real estate company based in Seattle. The seller was Lowe Enterprise Investors, a private real estate investment company based in… READ MORE