EverWest Snaps Up Luxury Mixed-Use Near Downtown Seattle
A luxury mixed-use apartment building nearby downtown Seattle has sold in a transaction structured by Kidder Mathews. The 130-unit mixed-use apartment complex, MUIR Apartments, traded for $54.5 million to Denver-based EverWest Real Estate Investors.
Dylan Simon, Winslow Lee and Jerrid Anderson of the Simon and Anderson Team, a multifamily investment sales team based in Kidder Mathews’ Seattle headquarters, represented the seller, Daly Partners.
Taking its name from Camp Muir, a refuge on the ascent to Mount Rainier’s peak, MUIR Apartments was delivered in 2019. Simon noted that every prospective buyer that toured the property was impressed with “its remarkable design and build quality,” adding that Daly Partners currently has a project in the works for Eastlake Avenue.
“We want to thank seller and buyer for an extremely smooth transaction,” said Simon. “From contract to closing was just 36 calendar days.”
Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces.
Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications.
Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).