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Amazon Assists in Apartment Purchase To Preserve Affordable Housing in Seattle

Developer Taps Tech Giant’s Housing Fund in Deal To Buy Two-Tower Property
A local developer has acquired The Mill at First Hill with $34 million in Amazon Housing Equity Fund financing. (SRM Development)
A local developer has acquired The Mill at First Hill with $34 million in Amazon Housing Equity Fund financing. (SRM Development)
CoStar News
June 21, 2024 | 7:18 P.M.

A 358-unit multifamily property in Seattle’s First Hill neighborhood traded for $84 million in a sale financed in part with Amazon’s recently replenished equity fund to build or preserve affordable housing.

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