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Two apartment sites in the Parkland area have sold for more than $40 million by a real estate entity that’s been selling off area property in recent months. Pierce County property records show that Sienna Park Apartments, 10710 17th Ave. S., and Sienna Apartments, 10614 Ainsworth Ave. S., sold June 30 for $28.5 million and … Read more
Seattle, WA – February 24, 2025 – Goodman Real Estate announces its latest milestone—the $131.1 million acquisition of Town Deer Valley Apartments, a premier 388-unit Class A property located in Phoenix, Arizona. This latest acquisition reflects Goodman Real Estate’s continued efforts to expand its portfolio with premium residential properties in high-growth markets. Town Deer Valley … Read more
Source Altitude 104, a 230-unit apartment complex at 2201 104th St. S., sold at the end of January for $40.75 million, Pierce County records show. The seller was an LLC affiliated with Seattle-based Goodman Real Estate, who acquired the site in March 2015 for $18.5 million, county records show. The buyer was two LLCs that … Read more
Source A three-story building on Seattle’s waterfront made famous 27 years ago by seven strangers on MTV’s “The Real World” has a new owner. Landmark Event Co. President Dru Agarwal told The Seattle Times he purchased Pier 70 for $11 million on Wednesday. He intends to build out a space for the AI2 Incubator, a … Read more
Source TACOMA — An apartment complex at 3852 S. 29th St. sold last week for about $7.2 million, according to Pierce County records. The seller was GRE Sunrise Ridge LLC, associated with Goodman Real Estate, which acquired the property in 2011 for nearly $2.5 million. The buyer was Beverly Heights LLC, which is associated with … Read more
Source An area real-estate firm that’s logged several recent apartment sales in Pierce County has announced its latest transaction. Berkadia Seattle Investment Sales in late December closed on the sale of Sunrise Ridge Apartments, 3852 S. 29th St. in South Tacoma. The 36-unit site sold for more than $7.22 million. The property last sold in … Read more
Source A real estate investment firm sold three apartment complexes in the Parkland neighborhood of Tacoma, south of Seattle, in one of the largest multifamily sales of the year. Goodman Real Estate, based in Seattle, sold the Monterra, Miramonte and Heatherstone apartments for $102.6 million to American Capital Group, based in Bellevue, according to Institutional Property Advisors, a division of … Read more
Source Three apartment sites in the Parkland area recently gained new owners after more than 20 years. On Wednesday, Institutional Property Advisors, a division of Marcus & Millichap, announced the sale of three multifamily properties totaling 557 units. The properties are Monterra Apartments, 416 111th St. Ct. E., Miramonte Apartments, 11216 18th Ave. S., and … Read more
Source Seattle-based Goodman Real Estate sold three South Sound apartment properties for $102.6 million in deals recorded by Pierce County on Tuesday. The three properties include the 157-unit Heatherstone at 1809 105th St. Court S. in Tacoma ($28 million); the 120-unit Miramonte at 11216 18th Ave. S. in Parkland ($20.6 million); and the 280-unit Monterra at 416 … Read more
Source When it was built in 1911, the Addison on Fourth apartment complex was described as a diamond in Seattle’s International District. These days, the diamond is in default with Freddie Mac, and the value of the property has dropped from $40 million to $10 million. It’s not enough to cover the outstanding debt. “The … Read more