Bellevue investor acquires South Forest Park site for $425k to build 30-unit apartment complex.

A Bellevue investor has acquired a vacant site in South Forest Park, Everett, for $425,000 to build a new apartment complex, collaborating with LEV Architecture on a plan for 30 residential units. The project has entered the design review process. In Seattle, the Pacific Building at 720 Third Ave. has changed ownership to Rialto Capital Management after a "keys-to-lender" deal. Additionally, Holland Partner Group proposes an eight-story apartment plan in Ballard.

September 23, 2024
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