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Canadian trust refinances Seattle apartments as investment rebounds

Rise Properties secures nearly $93 million for 266 units
Rise Properties Trust refinanced two apartment properties in the Capitol Hill neighborhood, including the 131-unit Joseph Arnold Lofts. (CoStar)
Rise Properties Trust refinanced two apartment properties in the Capitol Hill neighborhood, including the 131-unit Joseph Arnold Lofts. (CoStar)
CoStar News
January 23, 2025 | 9:06 P.M.

A Canadian real estate trust secured a refinancing loan for a pair of Seattle multifamily properties in the latest sign that lenders and investors are doubling down on steady apartment demand in the city.

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