Eastlake Apartment Complex Sells for $35M
Bender Equities has sold East Howe Steps, an apartment complex located in Seattle’s Eastlake neighborhood. An affiliate of Sequel Investment Co. and Evergreen Gavekal acquired the property for $35 million, or $351,579 per unit. Philip Assouad, Giovanni Napoli, Ryan Harmon, Nick…
Bender Equities has sold East Howe Steps, an apartment complex located in Seattle’s Eastlake neighborhood. An affiliate of Sequel Investment Co. and Evergreen Gavekal acquired the property for $35 million, or $351,579 per unit. Philip Assouad, Giovanni Napoli, Ryan Harmon, Nick…
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Why it matters
The sale of a $35 million apartment complex is routine commercial real estate activity with limited market impact or novelty for credit-market professionals.
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Eastlake Apartment Complex Sells for $35M
Bender Equities has sold East Howe Steps, an apartment complex located in Seattle’s Eastlake neighborhood. An affiliate of Sequel Investment Co. and Evergreen Gavekal acquired the property for $35 million, or $351,579 per unit. Philip Assouad, Giovanni Napoli, Ryan Harmon, Nick…