CBRE facilitated the sale of Corner 63 Apartments, a 139-unit multifamily property in Seattle's Roosevelt neighborhood, for $59.25 million. The transaction was managed by CBRE's Eli Hanacek, Kyle Yamamoto, and Nat Bosa. This sale marks a significant transaction in the Seattle multifamily market, highlighting continued investor interest in the region.
The sale indicates strong demand for multifamily assets in Seattle, driven by the city's robust economic fundamentals and population growth. Investors should note the competitive pricing environment, suggesting potential for capital appreciation in well-located assets.
Interest rate increases
HighConsider fixed-rate financing to hedge against rising rates.
Economic downturn
MediumFocus on properties in economically resilient areas with strong job growth.
Regulatory changes
MediumStay informed on local housing policies and potential impacts on rental income.
The article reports on CBRE's facilitation of the $59.25 million sale of Corner 63 Apartments, a 139-unit multifamily property in Seattle's Roosevelt neighborhood. The transaction was managed by CBRE's Eli Hanacek, Kyle Yamamoto, and Nat Bosa. The article highlights the continued attractiveness of Seattle's multifamily market, driven by strong economic and demographic trends. The sale price reflects competitive market conditions and investor confidence in the region.
This source is crucial for understanding the specifics of the transaction, including the sale price, property details, and the managing team. It provides insights into the current market dynamics in Seattle's multifamily sector.
Seattle's multifamily market will continue to see strong demand and competitive pricing due to economic growth and population influx.
connectcre.com
On April 9, 2026, CBRE announced the completion of the $59.25 million sale of Corner 63 Apartments, a 139-unit multifamily property located in Seattle's Roosevelt neighborhood [connectcre.com].
End of Intelligence Report ยท 3 Sources Verified