Originally Published: bizjournals.com Seattle-based Timberlane Partners has announced the successful closure of its multifamily real estate investment fund with over $100 million in equity. Backed by ultra-high-net-worth investors, family offices, and RIA (registered investment adviser) firms, the Timberlane Acquisition Fund is building on the track record of Timberlane, which says it has delivered returns averaging […]
jake@timberlanepartners.com
Timberlane Partners Closes First Multifamily Real Estate Investment Fund with More Than $100MM in Equity Commitments
Originally Published: The Registry Timberlane Partners today announced the successful closure of their multifamily real estate investment fund, TAF (Timberlane Acquisition Fund), with equity commitments surpassing $100 million. TAF represents a closed-end private real estate fund designed for the acquisition of institutional multi-family assets across the West Coast and Mountain West regions. The fund, backed […]
Timberlane Closes Fund with $100M in Equity Commitments
Originally Published: ConnectCRE Seattle-based Timberlane Partners has closed its multifamily real estate investment fund, Timberlane Acquisition Fund (TAF), with equity commitments surpassing $100 million. TAF represents a closed-end private real estate fund designed for the acquisition of institutional multi-family assets across the West Coast and Mountain West regions. The fund, backed by ultra-high-net-worth investors, family offices, and RIA […]
Sumner Mill Opening Celebration
Today we had an onsite celebration to recognize the team behind the brand new Sumner Mill Apartments! Thank you to The Rush Companies, Avenue5 Residential, & Casey + Dechant Architects for your hard work in bringing this project to fruition. Learn more about Sumner Mill: sumnermill.com
Los Angeles Design Stays to Visit in 2024
Originally Published: estliving.com Los Angeles is celebrated for its vibrant design scene, which fuses myriad influences – from old Hollywood glamour to Desert Modernism – and is home to a notable collection of design stays and boutique hotels. In this roundup, we explore four distinctive destinations, from an elevated motel in Silver Lake to a tranquil […]
Timberlane Partners, Rush Cos. Open Sumner Mills Apartments
Originally Published: ConnectCRE The Rush Companies and Timberlane Partners have recently completed the construction of Sumner Mill, a new 162-unit, three-story apartment complex. Timberlane Partners developed the 5.7-acre project, with nine buildings designed by Casey + DeChant Architects. Located at 5816 162nd Ave E, Sumner, Washington, Sumner Mill features 162 studio, one, and two-bedroom apartments. Developed on 5.7 […]
Sumner apartment complex opens to tenants
Originally Published: Puget Sound Business Journal Timberlane Partners has opened the first phase of Sumner Mills, a 162-unit apartment complex recently completed in east Sumner. The Seattle-based company says it’s already seeing strong lease-up activity. “We’ve seen significant leasing momentum, with the initial phase of the community already achieving 30% occupancy,” Jorden Mellergaard, development manager […]
Timberlane and Rush open 162 Sumner units
Originally published: Daily Journal of Commerce Rush Cos. announced that it recently completed the construction of Sumner Mill, a new 162-unit, three-story apartment complex at 5816 162nd Ave. E. in Pierce County . That’s a little east of downtown Sumner, and north of Highway 410. Timberlane Partners developed the 5.7-acre project, with nine buildings designed by Casey + […]
Joint Venture Adds to Seattle Portfolio Through Discounted Apartment Acquisition
Originally published: CoStar A joint venture bought its second Seattle apartment complex in less than two months at a discount as investors capitalize on a sales slowdown that has shaken up property values. Seattle-based Timberlane Partners’ acquisition fund and Stars REI, based in Chile, paid $55 million, or about $334,000 per unit, for the 166-unit […]
Timberlane Partners, STARS REI Acquire Ballard MF for $55M
Originally published: ConnectCRE A joint venture between Timberlane’s Acquisition Fund and STARS REI purchased the Koi apartments, a six-story, 166-unit building in the Ballard district of Seattle for $55.5 million. The transaction, which equates to approximately $334,000 per unit, represents the joint venture’s second Ballard acquisition in the past two months, following The Wilcox. JLL’s Senior Managing Directors David Young and […]