A well-known player in the Bay Area housing market has ventured north, agreeing to purchase two Seattle apartment complexes at prices nearly double the regional average as outside investors take note of the area's expanding corporate base and rising rents.
Bay Area's Largest Apartment Landlord Pays Premium To Strengthen Foothold in Seattle Multifamily Market
Prometheus Real Estate Group Acquires Two Puget Sound Apartment Complexes for Combined $60 Million
By Katie Burke
CoStar News
October 15, 2021 | 1:55 AM
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IN THIS ARTICLE
- Properties
- Stencil Apartments
2407 Union St, Seattle, WA
- The Central
2203 Union St, Seattle, WA
- Ascent South Lake Union
1145 Republican St, Seattle, WA
- Marlowe
1146 Harrison St, Seattle, WA
- Companies
- Prometheus Real Estate Group, Inc.
Real Estate