Seattle & Northwest CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors


Seattle & Northwest  + Seattle  + Apartments  | 
Kidder Mathews Sells Issaquah Apartment Community for $104M

Kidder Sells Issaquah Apartment Community for $104M

The Heartwood Apartments, a newly-constructed, 135-unit multifamily complex has been sold for $104 million in a transaction structured by Kidder Mathews. The luxury community is located in the Issaquah Highlands suburb of Bellevue, WA.

Dylan Simon, Matt Laird and Jerrid Anderson of Kidder’s Seattle-based Simon and Anderson team along with Collier’s Dave Schumacher, represented the seller in the deal and also directly sourced the buyer. “We want to thank both parties for an extremely smooth transaction,” said Simon. “The pricing is reflective of buyers in our marketplace recognizing the quality of this property and the strength of Issaquah and the Pacific Northwest as a whole.”

Heartwood Apartments was completed last summer, and fully stabilized in early 2022. The building is located on a mountain plateau next to a private lake and boasts modern amenities along with 360-degree views of the mountains and Lake Sammamish.


Inside The Story

Kidder Mathews' Simon and Anderson TeamHeartwood Apartments

About Mark Nieto

Mark comes to ConnectCRE with an extensive background as a business and news reporter in San Francisco radio, as well as 35 years as a traffic reporter on several stations including KGO, KNBR, KCBS and KFRC. As a business reporter, Mark covered the tech world in Silicon Valley where he became familiar with real estate transactions in the hot Bay Area marketplace. He attended San Jose State University with a BA in Radio and TV Broadcasting and currently resides in the Lake Tahoe area where he gets to frequently enjoy all of his favorite activities: Golfing, Fishing, Hiking and Skiing.

Step 1: Select Education
  • ◦Sale/Acquisition
New call-to-action