Community DevelopmentCommunity HighlightHome SellersHomeownershipInvestment Properties May 13, 2014

Coming of light rail and real estate investments in Seattle?

file0001184483125A landmark Seattle apartment building across the street from the University District’s future light rail station traded hands Tuesday for $13 million.

Gerry Pigotti of Gibraltar/Persus Capital Partners in Seattle said the proximity of University Manor Apartments to the station played a “huge role” in his decision to buy the property. Read the full article here.