A New York-based investment group is expanding its reach in the Puget Sound area with two acquisitions of multi-million-dollar apartment buildings in Seattle and Redmond, totaling $172 million.
KKR & Co. purchased the 235-unit Baldwyn in Seattle for $77.82 million and the 195-unit Cru at Willows in Redmond for $93.85 million, according to The Puget Sound Business Journal.
A Seattle-based real estate company, Goodman Real Estate, developed both apartment complexes and acted as the seller…