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Brokers launch investment firm targeting distressed apartments in Greater Seattle

Keelbase Capital plans up to $550 million in buys as owners face maturing loans
Paul Roeter, left, and Cooper Engst cofounded the firm that acquires or provides financing for hundreds of millions of dollars worth of multifamily properties in Greater Seattle. (Keelbase Capital)
Paul Roeter, left, and Cooper Engst cofounded the firm that acquires or provides financing for hundreds of millions of dollars worth of multifamily properties in Greater Seattle. (Keelbase Capital)
CoStar News
July 17, 2025 | 9:40 P.M.

A pair of veteran brokers has launched a firm that aims to capitalize on what they call a "generational opportunity" to invest in distressed apartments and other assets in Greater Seattle.

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