Search
 

AREA, Harbor and Urban Form Multifamily Partnership

SEATTLE-The trio will complete its existing construction pipeline and future development projects in Seattle.

By Carrie Rossenfeld | Updated on March 16, 2012

SEATTLE-AREA Property Partners has joined with Harbor Properties Inc. and Urban Partners LLC to create a partnership focusing on multifamily rental projects in Seattle. Harbor and Urban recently merged their existing Seattle offices and are operating as Harbor Urban LLC. The trio will complete its existing construction pipeline as well as future development projects in the region. Heartland Capital Advisors LLC, based here, served as Harbor Properties’ advisor over the past year in developing the strategic partnership.

“First and foremost, AREA brings capital to the partnership,” Matthew Burton, a principal with Urban Partners, tells GlobeSt.com. “Equally as important, they bring a long history of development expertise since their background is deep roots in development. They also bring very good advice and counsel as it relates to moving forward on development projects.” Burton adds that the partnership will look at a handful of Seattle submarkets where it has property either under contract or under letter of intent to further its development projects.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.