Record Seattle Apartment Deals Signal Institutional Return

Big buyers are back in Seattle’s apartment market, reversing several cautious years for institutional capital. According to CoStar News, BentallGreenOak (BGO) set a city record with its $353M purchase of The Ayer in the Denny Triangle, part of a spree that saw more than $500M deployed into new rental assets so far this August. Analysts say this uptick represents a clear shift: major investors are betting the worst is over and that Seattle is poised for another upswing, as evidenced by multiple record-breaking sales and renewed portfolio activity citywide. Read on to learn more: Link

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