News & Press
May 17, 2013 - Source Equity Residential made a huge profit on an old Seattle waterfront building, selling it this week for $32.5 million. Public records show that an entity related to Unico Properties of Seattle bought the six- story, 96,600-square-foot building at 51 University St. The price of the building has been climbing since… READ MORE
April 25, 2013 - Source Leilani Apartments at 10201 Greenwood Ave. N. will open this summer with 273 units. Adam Greenberg from First Western Properties, Inc. tells us the building has two retail spaces available for lease, and he’s hoping the community will weigh in on what they’d like to see there. One space would… READ MORE
April 2013 - Source Seattle area real estate developers are making a $5.4-billion bet that the region’s rental housing market will not outstrip demand over the next several years despite a 2013 apartment construction boom. With an estimated 30,000 rental units in some phase of planning and development in the five-county region, as many as… READ MORE
March 29, 2013 - Source Goodman Real Estate is the latest developer with plans for a big apartment project in East Bellevue. This summer, the Seattle-based company will start construction of a 450-unit project on the five-acre site at 2070 N.E. Bel-Red Road, Goodman President George Petrie said Friday. Angelo’s, a plant nursery, used to… READ MORE
Company Release – February 21, 2013 SEATTLE, WA.--(BUSINESS WIRE)— Collage, a new 52-unit urban luxury apartments in the Fremont neighborhood of Seattle, is fifty percent occupied and sixty percent leased, according to developer Goodman Real Estate, Inc. The project at 3606 Woodland Park Avenue North opened December 2012 after 12 months of construction. Collage’s unit… READ MORE
February 28, 2013 - Source Goodman's 52-unit “luxury” apartment complex in Fremont is for sale, the company announced. Collage, at 3606 Woodland Park Ave. N., opened in December, and it is already 50 percent occupied and 60 percent leased. The complex has studios, one-bedroom apartments and live-work units with rent between $1,350 and $1,525, including… READ MORE
February 26, 2013 - Source Goodman Real Estate came south to find a couple of deals and picked two from Sabal Financial Group. The Seattle multifamily developer plunked down $9.8M to acquire 37 units in a pair of distressed Phoenix multifamily projects carrying entitlements for 154 additional units. The new owner plans construction on the… READ MORE
December 20, 2012 - Source The Post apartment project will bring hundreds of new residents to the Pioneer Square neighborhood when it is fully leased. The first residents will begin moving into the new Post apartments in downtown Seattle this weekend. The 208-unit, 16-story apartment project at Post Street and Western Avenue was developed by Seattle-based… READ MORE
December 13, 2012 - Source Four multi-family buildings are planned for construction at the former site of Angelo’s Nursery, just north of Crossroads in the Overlake area. The buildings, which will be located at 2070 NE Bel-Red Road, will house approximately 450 units and provide 600 parking stalls both above and belowground. Goodman Real Estate… READ MORE
November 21, 2012 - Source Goodman Real Estate hopes to start construction next summer on complex in the Overlake area. Seattle apartment developer Goodman Real Estate has applied for permits to build a four- building, 450-unit apartment complex in Bellevue’s Overlake area. Goodman says in materials submitted to the city that it plans to start… READ MORE
October 30, 2012 - Source Goodman Real Estate and Capri Capital Partners LLC are buying the Tower 801 apartment building in downtown Seattle for $50.1 million. Goodman Real Estate and Capri Capital Partners LLC announced Tuesday that they’re buying the 25-story Tower 801 apartment building in downtown Seattle for $50.1 million. The distinctive round tower… READ MORE
Company Release – 10/12/12 SEATTLE, WA.--(BUSINESS WIRE)—Goodman Real Estate, Inc. and The Carlyle Group announced the grand opening of Compass Apartments located just off Edmonds Way in Edmonds, WA. Compass Apartments, an 89 unit apartment community, celebrated with its vendors and local officials, including City of Edmonds Mayor, Dave Earling. “We consider Compass Apartments a… READ MORE
Viktoria Apartments is Generating Jobs and Contributing to Belltown’s Economic Development as Construction Reaches 6-Month Milestone SEATTLE (Oct. 01, 2012) — Construction of a 24-story multifamily mixed-use project called Viktoria Apartments reached its 6-month milestone at 1915 Second Avenue in Seattle’s Belltown neighborhood. Viktoria is expected to contribute to the economic development of Belltown and… READ MORE
June 14, 2012 - Source New owner Goodman Real Estate plans a renovation and seismic upgrade of the Downtowner Apartments in Seattle's International District. Seattle-based Goodman Real Estate has purchased the 240-unit Downtowner Apartments in the city's International District for $12.56 million from a New York-based general partnership. The Seattle firm plans a complete renovation of… READ MORE
March 23, 2012 - Source Affiliates of mortgage holder CBRE Capital Markets of New York took ownership of Seattle's landmark Smith Tower in a foreclosure auction on the steps of the King County Administration Building Friday. Seattle's landmark Smith Tower changed hands Friday at a foreclosure auction that had all the drama of an afternoon… READ MORE