Seattle Multifamily Ascent Met an Abrupt Halt Last Year

Connect CRE   |   Lisa Brown

Posted In — News & Press | In the News

New market research released by Dylan Simon and Jerrid Anderson of Kidder Mathews offers a comparison of the Seattle and Bellevue multifamily markets. The data shows some winners and some runners up.

Seattle’s ascendency in the last decade as one of the most desirable cities for renters and apartment developers alike met an abrupt halt during the course of last year. As both renters and investors second-guessed Seattle, it didn’t take either long to make the trek across Lake Washington to settle on Bellevue as the next-best alternative, says the report.

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