News & Press

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. READ MORE

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. READ MORE

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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. READ MORE

Source The Scottsdale Grand, a 285-unit apartment complex located at 15501 North Dial Boulevard in Scottsdale, Arizona, was sold for $117 million. This transaction resulted in an average price per unit of $410,526. READ MORE

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