Lombard Equities News

Lombard Acquires Glen Ellen Apartments

Written by Arie van Gemeren, CFA | Oct 14, 2024 7:00:00 AM

We are very pleased to share our acquisition of the Glen Ellen Apartments in Seattle, WA. This investment with concluded in August 2024 and represents our third major investment in the Seattle - Tacoma markets.

The main highlights of this deal are:

  1. Top-tier location in the Capitol Hill submarket

  2. Incredibly low price per unit

  3. 75% seller financed at a 4% interest rate

  4. Long-term value orientation and growth potential

In short, a perfect fit for our typical investment strategy.

If you are interested in learning about future investment opportunities with our firm, please click here.