Vitality on Howell, a five-story apartment building located at 1420 E. Howell Street in Seattle’s Capitol Hill neighborhood, has sold.
Jerrid Anderson, Jack Shephard, Matt Laird, and Matt Johnston of Kidder Mathews’ Simon | Anderson Multifamily Team represented the seller, a private investor and developer. Constructed in 2016, Vitality on Howell consists of 57 small efficiency dwelling units, averaging 297 square feet. The smaller footprint units provide an alternative to traditional studio and one-bedroom apartments while offering residents the privacy and functionality of an individual dwelling.
The property is in close proximity to major employers and employment centers, including Amazon, Google, Meta, Nordstrom, and Seattle’s First Hill medical corridor, home to Swedish, Virginia Mason, and Harborview. “With limited new multifamily supply in recent years, Capitol Hill continues to attract renters seeking convenient access to light rail, major employment centers, and a vibrant mix of neighborhood amenities,” said Anderson.
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Independence in West Sacramento, a new gated community of 208 townhome-style rental homes developed by Lewis Apartments, opened its leasing office and model homes to the public on Saturday, Oct. 24. Located in West Sacramento’s Southport/Bridgeway Island area, Independence introduces rental homes designed for residents who want the space and privacy of a single-family home...
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CBRE announced the sale of a 4.66-acre parcel at the northwest corner of County Highway MM and U.S. Highway 14 in Fitchburg, Wisconsin. Louisville, Kentucky-based Trilogy Real Estate Fitchburg LLC purchased the property from Fairchild Development LLC for $2.23 million, marking the company’s third location in the Madison market and expanding its footprint beyond its...
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Northmarq has arranged $95.8 million in refinancing for a six-property, 1,461-unit multifamily portfolio owned and operated by E&S Ring across Los Angeles and San Bernardino Counties. The financing was arranged through Voya Investment Management by Northmarq’s San Francisco Debt + Equity team, led by managing director Nathan Prouty, SVP Andrew Slaton and senior investment anaylst...
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