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Seattle & Northwest  + Seattle  + Apartments  | 

Cushman & Wakefield Arranges $44M Sale of Ballard MF

Cushman & Wakefield has arranged the sale of Lock Vista Apartments, a 192-unit multifamily apartment community in Seattle’s Ballard neighborhood.

Cushman & Wakefield arranged, and Greystone provided acquisition financing for the transaction. Cushman & Wakefield’s Dan Chhan, Tim McKay, Matt Kemper, Jacob Odegard, Dylan Roeter and Byron Rosen brokered the sale of Lock Vista Apartments, LLC. Cushman & Wakefield’s Equity, Debt & Structured Finance team, led by David Karson and Chris Moyer, arranged the $30 million Freddie Mac loan with Greystone’s Alex Basile.

Lock Vista Apartments comprises 192 units across five buildings, offering a diverse mix of studio, one-bedroom, two-bedroom and three-bedroom homes. The property has undergone over $15 million in renovations. Common areas feature upgraded corridors, a resident clubhouse with a kitchen, a gym, an outdoor pool, a bike room, laundry facilities, and a community garden. The site provides 145 surface parking spaces and green spaces throughout the grounds.

Read More News Stories About: Cushman & Wakefield, Greystone
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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.