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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

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.

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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 crane from Linden Comansa is up, and Goodman Real Estate is just above ground on a 195-unit apartment project in northwest Redmond, near Totem Lake. The new address at 12377 137th Pace N.E. doesn’t yet map. It was subdivided then sold last year by Tri Pointe Homes, which is also underway on its 173-unit townhouse … Read more