Source There are several developments underway in Seattle’s Northgate neighborhood, but one mixed-use project will not yet proceed to the next stage of the city’s design review process. On Monday, August 6th, a 235-unit development slated for the north Seattle neighborhood was denied approval at an Early Design Guidance (EDG) meeting, with the board citing … Read more
Source La Mirage Apartments in Kent traded hands earlier this week in a $32 million deal that saw the property go for just over $148,000 per unit. The seller, according to public records filed with the county, is an entity associated with three members of the Goodman family (Dana, Shawn and Stephen Goodman), and the … Read more
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