Northline-Seattle

FPA Multifamily Buys Northline in Seattle for $17.8M

by Lynn Peisner

SEATTLE — Rise Properties Trust has sold Northline, a 111-unit property in Seattle, to FPA Multifamily for approximately $17.8 million. Institutional Property Advisors’ Philip Assouad, Giovanni Napoli, Ryan Harmon, Nick Ruggiero and Anthony Palladino represented the seller and procured the buyer. Located in Seattle’s Bitter Lake neighborhood, Northline offers a resident lounge, dog park and a covered outdoor gathering area with grills, a fireplace and seating.

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