Seattle & Northwest CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
GT Capital, Freestone Capital Management Expand Seattle Portfolio with MF Acquisition
GT Capital and Freestone Capital Management have acquired Lock Vista Apartments, a 192-unit multifamily community located in Seattle’s Ballard neighborhood.
Lock Vista marks the firms’ second acquisition together, following their 2024 purchase of the Smith Tower and Butler Garage in downtown Seattle. Both firms bring extensive experience investing across commercial and residential real estate in the Pacific Northwest and beyond.
“We’re thrilled to continue our partnership with GT Capital with Lock Vista. Lock Vista is a rare combination of character and location,” said Jason Mann, Partner at Freestone. “Ballard continues to attract high-income renters seeking access to waterfront amenities and proximity to the city’s major employers. This investment offers both immediate income and meaningful long-term growth potential for our investors.”
Built in 1949, Lock Vista is located blocks from downtown Ballard and steps from the Burke-Gilman Trail, providing convenient transit access to South Lake Union, Downtown Seattle, and the University of Washington.
