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Blackstone Goes Big in Pacific Northwest With Massive Apartment Acquisition

Private Equity Giant Strikes Deal With TruAmerica for Seattle, Portland Properties
Ridgegate is in Kent, Washington, a suburb to Seattle's south that has historically been home to blue-collar businesses and their workers. (CoStar)
Ridgegate is in Kent, Washington, a suburb to Seattle's south that has historically been home to blue-collar businesses and their workers. (CoStar)
By Clare Kennedy
CoStar News
December 3, 2020 | 11:27 P.M.

The Blackstone Group, one of the most active real estate buyers in the nation, has bought a portfolio of multifamily properties that contains at least 600 apartments mainly in the Seattle region.

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