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Seattle & Northwest  + Seattle  + Apartments  |  March 21, 2025
Jasmine Kilman
By: Jasmine Kilman

DSB Investments Buys Apartment Complexes in Everett

Cushman & Wakefield has brokered the sale of a multifamily portfolio consisting of two properties totaling 49 apartment units in Everett, Washington.

The buyer was represented by Cushman & Wakefield’s Byron Rosen, Tim McKay, Jacob Odegard, Dan Chhan, Matt Kemper, and Dylan Roeter. The northern Seattle portfolio consists of the Magenta Apartments and Fairway Apartments, located on the grounds of the Everett Golf & Country Club.

Bellevue-based DSB Investments, which specializes in the acquisition, rehabilitation, and management of apartment communities in and around the greater Seattle area, purchased the two-asset portfolio from Williams Investments II LLC for $7 million.

“Each property fits right into DSB’s wheelhouse of acquiring and then being able to increase value through strategic renovation,” said Rosen. “Snohomish County stands as a preferred area for multifamily investors due to strong fundamentals.”

Read More News Stories About: Cushman & Wakefield
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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.
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