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Multifamily Projects Answer Urgent Housing Call

Seattle and the Bay Area are two markets that continue to show employment outpacing housing and Greystar has three multifamily projects nearing completion in both areas.

Elan Uptown Flats Elan Uptown Flats is comprised of 182 units and is situated in Latitude 47, Seattle’s tech corridor.

SEATTLE—Six new multifamily projects are responding to an increasing demand for housing in Seattle and the Bay Area, two markets that continue to show employment outpacing housing. Greystar announced the near-term completion of three projects in Seattle and three projects in Northern California.

“We are pleased to be either leasing or nearing completion on three new communities in Northern California and three new communities in the Pacific Northwest. These projects will provide over 1,000 units of new housing in vibrant locations that are proximate to transit, jobs and retail space. It has been a pleasure working with the cities of Seattle, Mountain View and Redwood City to bring these new communities to life,” said Ali Warner, managing director of Greystar, Northern California and Pacific Northwest.

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Lisa Brown

Lisa Brown

Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.

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