The report analyzes more than 850 individual apartment developments across the four major Western Washington counties — King, Pierce, Snohomish, and Kitsap — and gives an in-depth look at the development pipeline in each submarket. Simon and Anderson’s team traced apartment development deliveries back a decade, analyzing development dynamics and delivery forecasts across the Puget Sound region. See the attached Executive Summary for key insights.
“The Puget Sound region remains one of the strongest apartment rental markets in the United States, and this report demonstrates the voracious appetite of apartment developers for this region,” said Simon.
Download the full 2022 Seattle Apartment Development Pipeline report at simonandersonteam.com/market-updates.
About the Dylan Simon and Jerrid Anderson apartment brokerage team
The apartment brokerage team led by Dylan Simon and Jerrid Anderson of Kidder Mathews represents apartment investors, developers, and landowners in the sale, purchase, and financing of apartment buildings and development land across the entire State of Washington. The team of 10 brokerage professionals specializes in sale and financing of apartment buildings and development land from $1 million to more than $100 million. For more information, visit simonandersonteam.com.
About Kidder Mathews
Kidder Mathews is the largest independent commercial real estate firm on the West Coast, with 900 real estate professionals and staff in 20 offices in Washington, Oregon, California, Nevada, and Arizona. Kidder Mathews offers a complete range of brokerage, appraisal, asset services, consulting, project and construction management, and debt & equity finance services for all property types. The firm performs $10.9 billion in transactions, manages 62 million square feet of space, and conducts over 2,600 appraisals annually. For more information, visit kidder.com.