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Lakevision Capital has purchased Parkside Apartments, a 664-unit luxury community in Redmond, Wash., for $285.9 million, according to public records. A partnership between Daiwa House Texas and a group of investors previously associated with Lincoln Property Co. Residential—now rebranded as Willow Bridge Property Co.—sold the asset. JLL brokered the transaction.

The deal marks the largest transaction to close in Greater Seattle so far this year, according to Yardi Matrix. In fact, no other asset changed hands for more than $286 million since December 2022, when Ponte Gadea purchased Oxford Property Group’s 460-unit Kiara for $322.4 million.