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Silicon Valley Multifamily Investor Doubles Down on Seattle's Tech Hub

Complex in South Lake Union Is Third Recent Acquisition for Pacific Urban
Pacific Urban Investors bought the 172-unit Alley24 apartments at 241 Yale Ave. N in Seattle’s South Lake Union tech cluster for $89.6 million. (CoStar)
Pacific Urban Investors bought the 172-unit Alley24 apartments at 241 Yale Ave. N in Seattle’s South Lake Union tech cluster for $89.6 million. (CoStar)

A San Francisco Bay Area investment firm has added to its Seattle multifamily portfolio, extending a recent string of acquisitions to double its holdings.

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