Top Seattle Stories
Essex Property Trust Buys 180-Unit Cedar Terrace
By Brian K. MillerBELLEVUE, WA-The Palo Alto, CA-based value-add multifamily investor pays $22.3 million for the 20-year-old complex. A company source tells GlobeSt.com it took over management of the property 60 days prior to closing, time it used to raise occupancy from 85% to more than 95%.
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