Bell Partners, a national apartment owner and property management firm based in North Carolina, has bought the 261-unit Leva on Market building in Seattle’s Ballard neighborhood.
Located at 1545 NW Market Street, the property is a mixed-use apartment community featuring studio, one- and two-bedroom units. BlackRock-linked limited liability company Ballard Apartments LLC purchased the land in 2006 for $4.9 million, reported the Puget Sound Business Journal. The eight-story, 350,000-square-foot apartment building was completed in 2008.
Following the acquisition, the building has been renamed Bell Ballard. Ground-floor retail tenants at the building include the salons Waxing the City and Tropical Tan of Ballard. This is Bell Partners’ second apartment building in Seattle and seventh multifamily property in the Puget Sound region. The firm also owns three apartment buildings in Redmond, one in Kirkland and one in Lynnwood.
Associated Bank announced the completion of a $16.5 million loan towards the $22 million total acquisition price of Eleven5 Lake Apartments at 115 Lake Street in Libertyville, Illinois. The property is a stabilized mixed-use property with 34 apartment units with 41 dedicated apartment parking spaces, and 25,147 square feet of ground-floor commercial space. The apartments...
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New York City investment sales reached $23.69 billion across 1,914 transactions in the first three quarters of 2026, up 9.1% and 7.9%, respectively, from a year earlier, Ariel Property Advisors reported. The year’s first half was especially strong, with dollar volume up 36% in Q1 and 31% in Q2, year-over-year. However, dollar volume in Q3...
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Four years after acquiring a downtown Toronto development site through receivership, Fengate and its partners have broken ground on a 58-storey rental tower that will preserve a piece of the city’s garment industry history. The Benjamin will bring 528 apartments to 355 Adelaide St. W. in the Entertainment District. The project is being developed by...
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