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New York investor purchases Washington multifamily property in region with narrowing construction pipeline

The Centrepointe Greens property has 186 units
The Centrepointe Greens multifamily property in Everett, Washington. (Robert Lawton/CoStar)
The Centrepointe Greens multifamily property in Everett, Washington. (Robert Lawton/CoStar)
By Branden Groseclose
CoStar Research
September 30, 2024 | 6:13 P.M.

As multifamily property construction slows in the Seattle region, a real estate investor has snapped up an 186-unit property in nearby Everett, Washington.

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