**Lake Washington Partners Expands into Multifamily Market with Refound Residential Brand**
Lake Washington Partners LLC, a family-owned commercial real estate investment and development firm based in the Puget Sound region, has officially entered the multifamily housing market with the launch of its new brand, Refound Residential.
In May, the company acquired two multifamily properties in Seattle — Union Park Apartments and St. Theodore on Roosevelt — for a combined total of $45.4 million. These acquisitions mark the sixth and seventh multifamily assets added to Lake Washington Partners’ expanding portfolio.
“Refound Residential does more than just add a new asset class to our portfolio – by employing the adaptive reuse model, it preserves and enhances existing housing stock, which reduces our environmental impact while giving our future residents everything needed to suit today’s modern lifestyle,” said Jordan Lott, President of Lake Washington Partners.
As part of its initial acquisition phase, Refound Residential has now purchased five assets. The most recent addition, Union Park at 1310 Minor Avenue, contributes 84 apartment homes to the growing multifamily portfolio.
With this strategic move, Lake Washington Partners continues to underscore its commitment to sustainable development and innovative housing solutions in the region.
