10Y UST5.28%+0.19%30Y MTG7.40%+1.65%SOFR3.88%-0.51%VNQ$89.35+0.74%XLRE$40.85+0.69%FED FUNDS3.88%
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Connect CRE · Seattle · Multifamily

Kidder Mathews Arranges Sale of Capitol Hill Apartment Building

Via Connect CRE · August 24, 2026
Compiled by Real Estate Trail Editorial · August 24, 2026

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.

Editorial analysis · Real Estate Trail Editorial

On the RET wire

Computed from Real Estate Trail’s own tracked coverage

Excerpt from Connect CRE:
Vitality on Howell, a five-story apartment building located at 1420 E. Howell Street in Seattle’s Capitol Hill neighborhood, has sold. Jerrid Anderson, Jack Shephard, Matt Laird, and Matt Johnston of Kidder Mathe w s’…
Read the full article at Connect CRE →

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