Red Tail Acquisitions, a private family office, acquired The Exeter, a 115-unit multifamily property in Seattle's First Hill neighborhood, from Gibraltar Investment Property Solutions for $25 million, or $217,391 per unit.
Red Tail Acquisitions buys historic hotel-turned-apartment building in Seattle
First Hill neighborhood multifamily complex sells for $25 million
By Joseph Garcia with
May 1, 2026 | 2:19 P.M.
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IN THIS ARTICLE
- Properties
- The Exeter
720 Seneca St, Seattle, WA
- Companies
- Red Tail Acquisitions
Real Estate
- Gibraltar Investment Property Solutions
Public Administration
- Contacts
- Ryan Harmon
Senior Director Investments, Institutional Property Advisors
- Nick Ruggiero
Director, Institutional Property Advisors
- Philip Assouad
Executive Managing Director Investments, Institutional Property Advisors
- Giovanni Napoli
Executive Managing Director Investments, Institutional Property Advisors
- Anthony Palladino
Vice President of Investments, Institutional Property Advisors