Colliers Facilitates $20M Sale of Multifamily Property in Seattle
Why this matters
Multifamily has been the most actively underwritten sector through the rate cycle, with cap rate compression resuming in Sun Belt and gateway markets as 2024-2025 deliveries roll off and refinance demand on 2021-vintage bridge loans clears. Transaction velocity is up modestly, concentrated in stabilized Class A and grocery-adjacent garden assets. Seattle absorption has been weighed down by tech tenant footprint optimization. Multifamily and industrial have been more resilient, with selective bids on best-located product. Allocators continue to favor residential for its income durability and its insulation from secular demand questions that still hang over commercial sectors.
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On the RET wire
- The ninth Seattle story tracked on the wire in October 2026. All Seattle coverage →
- Disclosed multifamily deal value tracked in October 2026: $7.5B across 80 reported transactions. All Multifamily coverage →
- 69 stories mentioning Colliers on the wire in the past 90 days. Colliers coverage →
Computed from Real Estate Trail’s own tracked coverage
Colliers announced the $20.4 million off-market sale of Stream 403, a 47-unit trophy asset located at 403 Belmont Ave. E. in Seattle’s Capitol Hill neighborhood. Colliers Senior Vice President Sam Wayne and Asso…
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