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Transactions - AUGUST 2, 2021

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Blackstone pays $303m for Seattle apartments

by Andrea Zander

Blackstone has paid $302.8 million for two multifamily assets in Seattle, according to media outlets. The seller was Greystar, which developed the 251-unit Ascent South Lake Union and the 181-unit Marlowe.

It is considered the largest multifamily transaction thus far this year in King County, reported Puget Sound Business Journal.

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