A Seattle multifamily investment firm bought a Belltown apartment complex from one of the nation’s biggest apartment owners for well below its assessed value, as investors capitalize on a sales slowdown that has shaken up property values.
Apartment REIT Sells Property in Seattle’s Belltown for Millions Below Appraised Value
Local Multifamily Firm HB Management Buys Older Complex in Trendy Neighborhood at Discount
CoStar News
June 4, 2024 | 11:43 P.M.
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IN THIS ARTICLE
- Properties
- Wes on Western
2800 Western Ave, Seattle, WA
- Companies
- AvalonBay Communities, Inc.
Real Estate