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Seattle Firm Closes First Acquisition Fund To Buy Apartments at Discount Prices

Timberlane Partners To Complete Its Fourth Purchase With $100 Million Fund Next Month

Timberlane Partners bought the first property through its multifamily investment fund, the 142-unit Little Tuscany Apartments in Olympia, Washington, for $37 million in June of last year. (CoStar)
Timberlane Partners bought the first property through its multifamily investment fund, the 142-unit Little Tuscany Apartments in Olympia, Washington, for $37 million in June of last year. (CoStar)

Seattle-based Timberlane Partners closed its first multifamily investment fund with more than $100 million intended to buy discounted apartments as investors capitalize on a sales slowdown that has shaken up property values.

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