Brief
Seattle Housing Agency Buys First Multifamily Property for $60.9M
SEATTLE — The Seattle Social Housing Developer (SSHD) has acquired its first multifamily property since city voters approved the creation of the independent public development authority in 2023. Spart
Summary
SEATTLE — The Seattle Social Housing Developer (SSHD) has acquired its first multifamily property since city voters approved the creation of the independent public development authority in 2023.
Spartanburg, South Carolina-based Johnson Development Associates sold Elara at the Market to SSHD for $60.
9 million. Kidder Mathews arranged the sale. The 150-unit property, which Johnson Development Associates built in 2017, is located half a mile northwest of Pike Place Market. In 2023, Seattle city re
Source
- REBusinessOnlinerebusinessonline.com
