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CBRE Arranges Over $150M in Multifamily Sales

New York-based KKR & Co. has expanded its Seattle-area footprint with a pair of acquisitions totaling $172 million.

CBRE arranged the sale of CRU at Willows 124, a 195-unit, new-construction multifamily community in Redmond, Washington, for $94 million. CBRE represented the seller, Goodman Real Estate, in the transaction.

CBRE also brokered the $78 million sale of Baldwyn Apartments, a 235-unit, new-construction multifamily property at 10712 5th Ave NE in Seattle’s Northgate neighborhood, on behalf of seller Goodman Real Estate. CBRE’s Eli Hanacek, Kyle Yamamoto and Natalie Kasper represented the sellers in the transactions.

CRU at Willows 124 sits on 1.62 acres within a master-planned community adjacent to Willows Run Golf Club. The mid-rise podium building spans six stories and includes 22,998 square feet of fully leased commercial space across three suites. Built in 2024, Baldwyn sits a 10-minute walk from the Northgate Light Rail Station, with a 13-minute ride to downtown Seattle and a nine-minute ride to the University of Washington.

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About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.