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Joint Venture Buys Apartments in Seattle’s Ballard Neighborhood

J.P. Morgan Affiliate Sells 132-Unit Complex for 25% Less Than It Paid To Buy the Apartments in 2018
A joint venture just bought The Wilcox, an apartment building at NW 57th St. and 20th Avenue NW. (Timberlane Partners)
A joint venture just bought The Wilcox, an apartment building at NW 57th St. and 20th Avenue NW. (Timberlane Partners)
CoStar News
January 3, 2024 | 11:25 P.M.

A joint venture between Timberlane Partners and Chile-based holding company STARS REI purchased an apartment complex in Seattle’s Ballard district for a price well below the property’s prior acquisition price in 2018.

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