The off-site, modular construction company Katerra Inc., and a closely related Phoenix firm, The Wolff Company, have offloaded two large, partially built apartment projects in the Pacific Northwest. The sale represents the latest effort by the construction startup to respond to financial challenges that have increased during the pandemic.
SoftBank-Backed Modular Construction Firm Sells Off Two Projects in Progress
Joint Venture Takes Over Pacific Northwest Multifamily Developments in Seattle and Portland
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IN THIS ARTICLE
- Companies
- Katerra Inc.
Construction
- The Wolff Company
Construction
- Artemis Real Estate Partners
Finance and Insurance
- American Capital Group
Real Estate