Lake Washington Partners Expands into Utah with Three MF Purchases

Seattle-based Lake Washington Partners (LKWP) has seen a significant expansion of its national footprint with the recent acquisitions of three multifamily properties in Salt Lake City, representing the firm’s first assets in Utah, along with the opening of a new office in Texas. The family-owned firm has been in operation for roughly two decades.

LKWP’s Utah buys include theRANDI, theBEVERLY and The View on 20^th, which were acquired in separate transactions. Located in the heart of downtown, at 218 S. 200 E., theRANDI was built in 2022 and consists of 61 upscale apartment homes with spacious floor plans. Built in 2021 and located at 63 S. 600 W., theBEVERLY offers 48 upscale apartment homes, including one-, two- and three-bedroom residences and penthouse homes. The View on 20th is a 148-unit multifamily community that was built in 2015 and is located at 283 Park Blvd. in Ogden, Utah.

In addition, LKWP just opened a new office in Irving, Texas that currently employs ten people. The company’s growing portfolio now spans multiple states and includes 37 assets totaling approximately 11.6 million square feet.

Photo is of The View on 20th, at 283 Park Blvd. in Ogden, UT (photo: theviewon20th.com).