Top 3 February Transactions in Seattle
Bullish investors closed three major deals, each upwards of $100 million, in this hot market.
Suburban DC Property Trades for $52M
The joint venture buyer will invest $8 million to convert the 198-unit asset into affordable housing.
How Will Multifamily Fare in 2022?
The sector stands out in its performance over the past two years and could be one of the best inflation hedges for investors.
Long Beach Luxury Asset Commands $49M
MWest Holdings paid more than $515,000 per unit for the 2019-built community.
Wolff Co. Sells Vegas Community for $151M
The 360-unit luxury asset is within Henderson, home to some of the metro’s fastest-growing rents.
Blackstone to Buy PAC for $5.8B
The all-cash deal at $25 per share is anticipated to close before the end of June.
NEF Closes Out $2.2B Investment Year
Amid a growing affordable housing crisis, one of the largest LIHTC syndicators reports its highest-ever year for investment.