Archon affiliate buys 1,000 apartments in King, Snohomish counties
Apartment company Holland Partners has sold six complexes in the Seattle area to an investment firm with links to Goldman Sachs.
Apartment investment and development company Holland Partners has sold six complexes in the Seattle area, according to Moran & Co., which represented the seller.
King County records indicate the buyer has the same address as Archon Group of Irving, Tex., a Goldman Sachs real-estate arm.
The six complexes, with 1,000 total units, are Copper Ridge in Renton; Mirabella, Saratoga and Cascadia Pointe in Everett; and Serra Vista and Nickel Creek in Lynnwood.
King County records show Holland was paid $30.2 million for the 325-unit Copper Ridge complex. Sale prices for the Snohomish County properties were not available.