The Registry
Irvine Buyer Acquires 111-Unit Northline Apartments in North Seattle From RISE Properties Affiliate for $17.8MM
A RISE Properties Trust affiliate sold the 1978-built Northline Apartments on Linden Avenue North to an Irvine, Calif.-based LLC, one of few North King County multifamily trades this year.
A sub-$20MM vintage trade to an out-of-state buyer shows small-balance multifamily still clearing as Seattle vacancy eases.