Habitat for Humanity SKKC Completes Largest Affordable Housing Building to Date
Habitat for Humanity Seattle-King & Kittitas Counties (Habitat SKKC) will celebrate the completion of the 58-home Liberty Commons community in Seattle’s Columbia City neighborhood.
Liberty Commons is Habitat SKKC’s largest single-building development to date—and the largest multi-family building in Habitat for Humanity’s history. Located at 5022 Martin Luther King Jr. Way S., Liberty Commons features five stories of condominiums, including five studios, 26 one-bedroom units, and 27 two-bedroom units with homes ranging in size from 370 to 690 square feet. It also includes a 2,000-square-foot outdoor courtyard.
Located in Seattle’s culturally and economically diverse Columbia City neighborhood, Liberty Commons is a transit-oriented development. The project was delivered in partnership with Exxel Pacific. Liberty Commons was made possible through the support of Washington State, the City of Seattle, Washington State Department of Commerce, Amazon, the National Housing Trust, Washington Trust Bank, and the Washington State Department of Ecology.
Other News
JLL Arranges Financing for Lightstone Acquisition on Upper West Side
JLL Capital Markets arranged acquisition financing for Lightstone’s purchase of 323 W. 96th St., a 174-unit multifamily property on Manhattan’s Upper West Side. Senior managing director Peter Rotchford and managing director Michael Shmuely worked on behalf of Lightstone to secure the financing from MF1, a wholly owned subsidiary of Berkshire Residential Investments. Lightstone is acquiring...
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National City Investment Group Commences Workforce Housing Build
The National City Investment Group, a locally owned, privately held real estate investment company, recently broke ground on Market View, a 120-unit multifamily residential community located at 303 Highland Ave. in National City. The development will transform an underutilized parking lot adjacent to Manolo Farmers Market, which has served National City for more than 33...
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Levin Johnston Closes Apartment Sale in One of San Jose’s Strongest Submarkets
Levin Johnston of Marcus & Millichap recently completed the sale of First Street Manor, a 39-unit apartment community in San Jose. Executive managing directors Adam Levin and Robert Johnston, along with senior director, investments Cole Simpson, represented the seller and procured the buyer in the $9.112-million transaction. The Levin Johnston team demonstrated the asset’s upside...
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Brokers
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Remax Real Estate Professionals
Re/Max Real Estate Professionals
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Jared Ennis
Central CA Commercial | California
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Rick Recckio
Recckio Real Estate & Development
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Greg Corbin
Northgate Real Estate Group
Lenders
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Essex Property Trust, Inc.
California
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Josh A
California
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Bob Tuteur
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Andrew Schildcrout