Fourth Avenue Capital Breaks Ground on Suburban WA Apartments
Fourth Avenue Capital has commenced construction on Badger Heights Apartments, a 72-unit luxury apartment community located within the master-planned South Badger Mountain development in Richland, Washington.
“Richland continues to be one of the most desirable housing markets in the Inland Northwest,” said Chris Rossman, Managing Partner of Fourth Avenue Capital. “The Tri-Cities offers a unique combination of economic opportunity, exceptional quality of life, and access to outdoor recreation.”
Located at 3601 Grapeview Street, Badger Heights is situated within the approximately 1,500-acre South Badger Mountain master-planned community. The property features convenient access to parks, trails, schools, future retail and service offerings, and a broad range of recreational amenities.
The community will feature apartment homes ranging from 733 to 1,318 square feet, with a mix of one-, two-, and three-bedroom floor plans. Fourth Avenue Capital is a real estate investment, development, and operating company headquartered in Seattle and Spokane, Washington. The firm focuses on middle-market multifamily housing investments throughout the Pacific Northwest.
Connect Texas Multifamily in Dallas on August 13 brings together the owners, developers, brokers, investors, and lenders shaping the future of Texas multifamily for a day of market intelligence, networking, and actionable insights. Join 300+ decision-makers and be part of the conversations driving the Texas multifamily market. Register today: www.ConnectTXMF2026.com.
Other News
Leon Multifamily Building 343-Unit N. Phoenix Venture
Leon Multifamily started construction on Soltra Ironwood, a 343-unit luxury multifamily community in North Phoenix, Arizona. The nearby Taiwan Semiconductor Manufacturing Corporation has committed to a total of $265 billion in Arizona investment across up to 10 fabrication facilities, two advanced packaging plants, and a research and development center — a build-out expected to support...
Learn more
Embrey, Southstar Close on $71M Construction Loan for Nashville-Area Apartment Project
PCCP provided a $71 million senior construction loan to a joint venture between EMBREY Partners and Southstar Development for the development of Crossings Boulevard, a 360-unit apartment community located at 4101 Legacy Point Trail in Spring Hill, TN. Completion of the project is anticipated for Q1 2028. Spring Hill is about a half hour from...
Learn more
Investor Duo Acquires Two Tennessee LIHTC Apartment Assets
Western Wealth Capital (WWC) acquired two Tennessee apartment communities; the River City North Apartment Homes in Chattanooga, Tennessee, and Meadow Creek Apartment Homes in Goodlettsville, Tennessee, just north of Nashville. WWC and its investment partner, FSO Capital Partners (FSO), closed on the 192-unit portfolio for a purchase price of $20.7 million. The transaction was brokered...
Learn more
Brokers
View All-
Remax Real Estate Professionals
Re/Max Real Estate Professionals
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Greg Corbin
Northgate Real Estate Group
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout