JLL Assists in $22 Million Deal for Capitol Hill Complex

JLL Assists in $22 Million Deal for Capitol Hill Complex
JLL Assists in $22 Million Deal for Capitol Hill Complex

**JLL Facilitates Sale and Nearly $23 Million Financing of Viva Apartments in Seattle**

JLL has successfully arranged the sale and secured $22.948 million in acquisition financing for Viva Apartments, a 105-unit, institutional-quality residential property located in Seattle’s vibrant Capitol Hill neighborhood.

Acting on behalf of the seller, Transwestern Investment Group, JLL also represented the buyer, SI-Viva LLC—an affiliate of Sequel Investment Company and Evergreen Gavekal—in securing the acquisition loan.

The JLL Capital Markets Investment Sales and Advisory team facilitating the transaction included Senior Managing Directors David Young and Corey Marx, Senior Directors Casey Zejdlik and Chris Ross, and Directors Michael Lyford and Reed Curtis. The financing was arranged by JLL’s Debt Advisory team, led by Senior Directors Seth Heikkila and Kaden Eichmeier.

Viva Apartments is located at 1111 E Union Street, just two blocks from the Microsoft Connector stop and within an 11-minute walk to the Capitol Hill Light Rail Station. This strategic location offers seamless access to Seattle’s major technology employment hubs. Originally built in 2014, the six-story podium-style building features studio, one-bedroom, and two-bedroom apartments, with units averaging 651 square feet.

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