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IPA Brokers Sale of Luxurious 289-Unit Seattle Building

5/23/2025

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Summary

Story summary

Institutional Property Advisors (IPA) has successfully brokered the sale of Urbana, a stunning 289-unit multifamily building in Seattle. This LEED Gold Certified gem boasts vibrant retail spaces and luxurious amenities, including rooftop decks and a resident lounge. Despite a fluctuating market, IPA ensured a smooth transaction between seller Equity Residential and buyer Carmel Partners, highlighting their expertise in real estate.

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Story summary

Institutional Property Advisors (IPA) has successfully brokered the sale of Urbana, a stunning 289-unit multifamily building in Seattle. This LEED Gold Certified gem boasts vibrant retail spaces and luxurious amenities, including rooftop decks and a resident lounge. Despite a fluctuating market, IPA ensured a smooth transaction between seller Equity Residential and buyer Carmel Partners, highlighting their expertise in real estate.