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Seattle & Northwest  + Seattle  + Apartments  |  December 11, 2024
Jasmine Kilman
By: Jasmine Kilman

Bascom Group Acquires Belltown Apartments

The Bascom Group, LLC has acquired 2300 Elliott, a 92-unit multifamily community located in Seattle, Washington.

Jamie Kline and Annie Rice with JLL arranged debt financing for the buyer. Chad Sanderson, Jim Singleton, and Joe Ferguson sourced and managed the acquisition for Bascom. Apartment Management Consultants will provide property management services.

Built in 1992, the property features a five-story residential building situated above two levels of structured parking. Located in Seattle’s Belltown neighborhood, 2300 Elliott offers access to retail, entertainment, and employment hubs for Amazon, Meta, and Google.

“Our investment in urban Seattle is position driven by the market’s proven resilience even amid record construction deliveries,” said Joe Ferguson, Acquisitions Manager. “With the new housing supply tapering off and a strong employment base, we see significant upside potential.” 300 Elliott marks Bascom’s 14th multifamily property closed in the Pacific Northwest and the twelfth in Washington state.

Read More News Stories About: Amazon, Google, JLL
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The Bascom GroupJLL

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.
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