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Joint Venture Adds to Seattle Portfolio Through Discounted Apartment Acquisition

Timberlane Partners, Stars REI Buy Second Property in Ballard Neighborhood in Less Than Two Months
The Koi Apartment on NW Market Street in Seattle, which was built in 2013, is 96% occupied. (CoStar)
The Koi Apartment on NW Market Street in Seattle, which was built in 2013, is 96% occupied. (CoStar)
CoStar News
February 15, 2024 | 11:34 P.M.

A joint venture bought its second Seattle apartment complex in less than two months at a discount as investors capitalize on a sales slowdown that has shaken up property values.

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