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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
Source In the very northwest corner of Redmond, Cru at Willows 124 is the new name for a recently completed six-story, 195-unit apartment project at 12377 137th Place N.E.
Source A Japan-based financial company bought an apartment complex in Kent, about 20 miles south of Seattle, in the city’s largest multifamily sale since 2022.
Source Gage on Sixth officially opened the first phase of its complex in May of this year. Initial development plans for around 400 units were filed with the city in the fall of 2021 and the project broke ground in April 2022.
Source The Scottsdale Grand, a 285-unit apartment complex located at 15501 North Dial Boulevard in Scottsdale, Arizona, was sold for $117 million. This transaction resulted in an average price per unit of $410,526.