Greystar acquires 357-unit, Alaire Apartments, in Seattle-area for $108.5M ($303,922/unit)

8/6/2024

|

IREI

• Subcategory: MF: Market Rate

• Tag: Sale

• Additional Filters-Subcategory: MF: Garden

• Additional Filters-Tags: Sale: Investment, Sale: Single Property

• Company: Greystar

Greystar has acquired Alaire, a 357-unit multifamily property in Renton, Wash., a Seattle suburb. The sales price is estimated to be $108.5 million, according to media outlets. The sellers were an entity affiliated with RISE Properties and Tokyu Land.