News & Press

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

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

Source Seattle-based Goodman Real Estate sold a pair of apartment complexes in South Tacoma on Friday for a total of $25 million. This is the first Puget Sound area acquisition for the buyer, Southern California-based Next Wave Investors. Next Wave's portfolio includes an apartment property in Spokane and another in Tualatin, Oregon, but most of… READ MORE

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

Source WMFHA's Emerald Awards event is a special opportunity for the rental housing industry to acknowledge the great work done by associates working at properties throughout the state. Goodman Real Estate won the Community Service Award for 2022. READ MORE

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

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. READ MORE

Source A Seattle developer plans to turn the Hawthorne Suites hotel into apartments along South 212th Street in Kent. Goodman Real Estate bought the building and 6.4 acres on Nov. 17 for $19 million from HSK 212 LLC, according to King County property records. “They are planning to repurpose the existing extended stay hotel as… READ MORE

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

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. READ MORE

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

Source After sitting vacant for four years, the abandoned Kmart site at 5132 Sixth Ave. in Tacoma will soon see new life. Work should begin early next year on an 18-building apartment development with 408 units, 530 parking spaces and a pool. Seattle-based Goodman Real Estate recently filed a land use permit for the 10.6-acre… READ MORE

Source It's been years since Seattle-headquartered Goodman Real Estate has developed a project in Tacoma, but now it's planning a sizable development where Kmart operated until closing four years ago. Goodman recently paid $14 million for the 10.6-acre property at 5132 Sixth Ave., in the Central Tacoma neighborhood up the street from the Tacoma Boys… READ MORE

Source When it was the La Mirage Apartments two years ago, the 1980s-era complex in Kent sold for $32.5 million. Now it's the Knol, and it has traded hands for $44.5 million. The difference was a "full-blown renovation" of the 216-unit East Hill property at 11239th SE 260th St., said George Petrie, CEO of Goodman Real… READ MORE

Source Equity Residential this week paid $48.86 million for the new Notch Apartments in suburban Newcastle, according to public records. It's an unusual move for Equity Residential in the Puget Sound region, where many of its 38 properties are in downtown Seattle. Goodman Real Estate of Seattle sold the 158-unit mid-rise development at 13800 Golf… READ MORE