Duvall
REAL ESTATE
CBRE Facilitates $71M Sale of Sammamish MF Community
CBRE has arranged the sale of SKY Sammamish, a 159-unit premier multifamily property in Sammamish, Washington, to an undisclosed buyer for $71 million. The transaction was facilitated by CBRE’s Eli Hanacek, Mark Washington and Kyle Yamamoto, who represented the seller, MainStreet Property Group & HAL Real Estate, Inc. SKY Sammamish, located at 22526 SE 4th Street, comprises one-, two- and three-bedroom units and two-story townhomes with private entrances. The community features contemporary architecture with high-end finishes, open floor plans, large windows, walk-in closets and private balconies.
CapitaLand Sells 202-Unit Apartment Complex in Kirkland for $73.4MM
An apartment complex in Kirkland has traded hands, showing that the Puget Sound region’s multifamily market continues to attract investors. The seller was an entity affiliated with CapitaLand, and the buyer was an entity affiliated with GID Investment and Development, according to King County public records. The sales price was recorded at $73.4 million.
Security Properties Acquires SKY Sammamish in Metro Seattle for $70.3 Million
SAMMAMISH, WASH. — Security Properties has acquired SKY Sammamish, a 159-unit asset located in the Seattle suburb of Sammamish, for $70.3 million. According to the property website, SKY Sammamish offers one-, two- and three-bedroom apartment units. Amenities include a lounge, fitness center and sport court featuring basketball and pickleball courts, ping pong tables and a tabletop shuffleboard.
JLL Secures $77M in Refinancing for The Schoolhouse District Premier Multifamily Community Near Seattle
JLL Capital Markets announced that it has arranged a $77 million refinancing of The Schoolhouse District, a 264-unit mid-rise multifamily community with approximately 44,800 square feet of retail in downtown Woodinville, Washington. JLL represented the borrowers, MainStreet Property Group and HAL Real Estate in securing the fixed-rate loan through AXA...
Seattle Area Multifamily, Retail Property Lands $77M Refi
JLL has arranged a $77 million refinancing of The Schoolhouse District, a 264-unit mid-rise multi-housing community with approximately 44,800 square feet of retail in downtown Woodinville, Washington. JLL represented the borrowers, MainStreet Property Group and HAL Real Estate in securing the fixed-rate loan through AXA IM Alts., acting on behalf...
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