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Suburban Seattle Multifamily Sale Marks Exit of New York Investment Firm From Pacific Northwest

Castle Lanterra Sells Everett, Washington, Complex for 60% More Than 2018 Purchase Price
Castle Lanterra, of Suffern, New York, sold the Lumen apartments at 1315 Pacific Ave. in Everett, Washington, for $36.7 million. (CoStar)
Castle Lanterra, of Suffern, New York, sold the Lumen apartments at 1315 Pacific Ave. in Everett, Washington, for $36.7 million. (CoStar)
CoStar News
February 16, 2022 | 9:07 P.M.

A New York multifamily investment company appears to have bade farewell — for now — to the Pacific Northwest with the sale of a 108-unit apartment complex in suburban Seattle.

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