Category: Uncategorized
Source For apartment-building sales in the Twin Cities metro, 2017 was a banner year. We have already reported about the astounding 19 offers that were made on the Riverwalk Townhomes and Flats, an apartment and office condo property in Minneapolis’ North Loop. The Cushman & Wakefield team of Lance Steiger and Robert Dulin represented the… READ MORE
Source Apartment and office condo property Riverwalk Townhomes and Flats has sold for $19.2 million, according to a Cushman & Wakefield announcement. The deal closed Dec. 15. Seattle-based Goodman Real Estate, a real estate investment company that specializes in multifamily and commercial real estate, bought the 96-unit apartment complex in the North Loop neighborhood of Minneapolis.… READ MORE
Source On Tuesday, December 12th, the Tria Apartments in Newcastle sold for $24 million, or roughly $315,789 per unit, according to public records filed with King County. The buyer of the asset was San Francisco-based Jackson Square Properties, a private real estate investment management company that specializes in the purchase and ownership of multi-family apartment… READ MORE
Source Shorewood Heights, a sprawling, mid-20th century apartment complex on the north end of Mercer Island, has a new owner. An entity affiliated with Charleston, South Carolina-based Greystar on Tuesday paid $210 million for the 645-unit property. In one transaction, Greystar took control of much of the island's apartment market. By dollar volume, it's King… READ MORE
Source Goodman Real Estate (www.goodmanre.com) (GRE), a leading privately-held Seattle-based multifamily real estate investment company, today announced several additions to its leadership team as the company positions itself for the future. As part of the firm’s expanded structure, former Vice President (VP) of Operations Kelli Jo Norris is now President; former Analyst Kirt Norman is… READ MORE
Source On Friday September 8th, The Longwell Company, a privately owned real estate management and investment firm based in Bellevue, sold the apartment property Avante Phase II for $54.1 million, or roughly $333,950 per unit, according to public records filed with King County. The buyer was Goodman Real Estate Inc., a Seattle-based investment company that… READ MORE
Source A Ballard retail and warehouse property sold earlier this week for $24.9 million, or approximately $208 per square foot, according to public records filed with King County. The buyer was Simply Self Storage Management, a storage facility and coordinator based in Orlando, FL. The seller was Seattle-based Goodman Real Estate, Inc., a privately-held investment… READ MORE
Source Foundation House at Northgate, a 65-and-older residential community in Seattle’s northern neighborhood of Northgate sold last week in a transaction worth $24.5 million. The buyer of the 106-unit property was Seattle-based Goodman Real Estate, which paid $231,132 per unit, according to public records filed with the county. The seller was a venture that included… READ MORE
Source Kent city leaders raised concerns about potential traffic problems with the announcement this week that another 308 urban-style apartments could be coming to West Meeker Street. Seattle-based developer Goodman Real Estate plans to buy what’s known as the Cancer Care site, an empty, grassy lot at the southwest corner of West Meeker Street and 64th… READ MORE
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Source Seattle-based Goodman Real Estate in May completed its 80 Main apartment building near the waterfront in Pioneer Square, and has already put it up for sale. The 45-unit building at 80 S. Main St. is one of the few opportunities to invest in apartments in Pioneer Square, said Colliers International vice president Dylan Simon,… READ MORE
Source Vantage Lofts was a mothballed condo complex, abandoned during the downturn, and after changing hands a few times became one of Southern Nevada’s most expensive rental properties. Now it’s been sold again, and like the renters at Vantage, the new owners are paying top dollar. The Bascom Group, based in Irvine, Calif., paid about… READ MORE
Source By Alex Girda, Associate Editor Goodman Real Estate was recently granted a $69.5 million loan for its Medical Dental Building. The HFF debt placement team tasked with arranging the financing was led by Managing Director Casey Davidson. The company managed to secure the 20-year, fixed-rate loan with AXA Equitable Life Insurance Co. through Quadrant… READ MORE
Source A seven-story, 120-unit apartment building is going up in the Chinatown-International District. Icon Apartments is at 400 S. Jackson St., on the northeast corner of Fourth Avenue South and South Jackson Street. Goodman Real Estate is the developer, and Clark Design Group is the architect. Bartell Drugs will be the sole retail tenant with… READ MORE
Source The Viktoria, a new 24-story luxury apartment tower that was built in downtown Seattle to cater to "the urban adventurer," sold for nearly $129.8 million Thursday, public records show. The sale of the building at 1915 Second Ave., near Pike Place Market comes roughly 15 months after the building opened, and is the latest… READ MORE