FPA Multifamily Buys 190-Unit Multifamily Community in Auburn for $44.5MM

Source SEATTLE –– CBRE announced the $44.5 million sale of Neely Station, a 190-unit multifamily community in Auburn, Washington, to a confidential buyer. Eli Hanacek, Jon Hallgrimson, Mark Washington and Kyle Yamamoto with CBRE’s Pacific Northwest-based multifamily team represented the seller, Goodman Real Estate Inc. The property is located at 1433 8th Street NE in Auburn, … Read more

Real estate company aims to make 1 percent of its units available for most vulnerable

Source Finding affordable housing is tough for most people in Pierce County, but having additional personal trauma or financial barriers can make it next to impossible. The One Percent IMPACT Initiative was started in 2020 by Seattle-based Goodman Real Estate. The program partners with Housing Connector and the Landlord Liaison Program of Pierce County to … Read more

Grouparchitect refines design for 134 Redmond units

Source Downtown Redmond Station will open in 2024, and Goodman Real Estate has a walkable site safely in pocket. The land deal came over two years ago, and Grouparchitect is now dialing in the design for a five-story, 134-unit apartment project at 16101 N.E. 87th St. The next design review, in a virtual meeting, will be on … Read more

Goodman sells 123 Uptown apartments for over $47M

Source The Canvas Apartments, at 600 Elliott Ave. W., sold last week for almost $47.5 million, according to King County records. The seller was Oly-Ida Canvas LLC, associated with Goodman Real Estate, which acquired the land in 2011 for about $1.9 million, then developed it.

New Kent apartment complex acquired for $141M

Source Security Properties and a Rockwood Capital affiliate have closed the $141.1 million acquisition of a new Kent apartment complex, Midtown 64. Seattle-based Goodman Real Estate developed the 365-unit, 10-acre project at 24615 64th Ave. S., along city’s revamped pedestrian-friendly Meeker Street corridor between the Green River and downtown. Security Properties Senior Director Davis Vaughn said in … Read more

Goodman to turn old Redmond tire shop into 134 apartments

Source Two years after paying $7.2 million for an old automotive property in downtown Redmond, Goodman Real Estate has filed a redevelopment plan for the 1-acre corner at 16101 N.E. 87th St. Grouparchitect will present the five-story, 134-unit proposal to that city’s design review board on Thursday, in what will be a virtual meeting.

Compassion Seattle qualifies for the ballot, and real estate execs are the campaign’s lead funders

Source The top five contributors to the Compassion Seattle charter amendment campaign are commercial real estate companies and executives, each contributing $50,000. The campaign on Wednesday said King County elections validated enough signatures to put Charter Amendment 29 on the Nov. 2 ballot. Signatures of at least 33,060 registered voters were needed, and just over … Read more

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