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IPO for Single Seattle Apartment Building Seeks To Make Major Property Accessible to Small Investors

Stock in Two-Year-Old Property Debuted at $250 per Share

The owner of a Seattle apartment building is testing investor reception to an initial public offering of shares in a single property. Located in Seattle's Capitol Hill neighborhood, Solis has a 75-foot-tall mural by the Irish artist Fin DAC. (CoStar)
The owner of a Seattle apartment building is testing investor reception to an initial public offering of shares in a single property. Located in Seattle's Capitol Hill neighborhood, Solis has a 75-foot-tall mural by the Irish artist Fin DAC. (CoStar)

Small investors now have a crack at becoming co-owners of a high-end multifamily and retail property in an ascendant Seattle tech hub where rising real estate prices are increasingly boxing out all but the most moneyed buyers.

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