Campus Village Apartments, a 41-unit apartment community located at 925 E. 18th Avenue in Ellensburg, Washington, has sold for $4.5 million.
Kidder Mathews Vice President Max Frame of the Simon Anderson Multifamily Team represented the seller in the transaction. The buyer is a Moses Lake-based investor expanding into the Ellensburg market. The sale followed an unusual two-and-a-half-year process. Kidder Mathews was originally retained to market the property in 2024 and secured a buyer. Before the transaction could close, an accidental tenant-caused fire destroyed eight units, causing the sale to fall through.
“This sale required patience, persistence, and a long-term commitment to our client,” said Frame. “When the fire disrupted the initial sale, our focus shifted to helping the owner navigate the rebuilding process and positioning the property for a successful return to the market.” Built in 1966, Campus Village is a 31,200-square-foot, value-add apartment community located directly across the street from Central Washington University.
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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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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...
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