On November 7th, 2023, Tacoma citizens voted on Initiative 2023-01, a Tenant Bill of Rights, and the bill was passed. All Tacoma voters should be aware of what this bill includes, as all multifamily property owners will be affected. The most important components to the Tenant Bill of Rights include: Notice of Rent Hikes and Tenant Relocation Assistance Landlords must provide notice of rent...
SEATTLE, WA—Capstone Companies has closed the $3,250,000 sale of the Joyce Apartments: a 10-unit apartment community located in Edmonds, WA. Edmonds is a highly desirable residential area just 15 miles north of Seattle, WA, and boasts views of the Olympic Mountains and Puget Sound as well as a vibrant downtown. Capstone’s Evan McLeod and Chris Hardman sold the Joyce Apartments on March 17, 2023. Built...
Download Offering Materials: The Ashton Capstone is pleased to present The Ashton: a 56-unit, 1978-vintage apartment community located in Olympia, WA. The Ashton offers an extremely well-maintained asset that benefits from significant recent capex and an in-place value-add program. With over $900,000 of recent interior and exterior capital expenditures, the value-add program will provide an excellent...
Capstone Expands Further West with Addition of New Office in Seattle SEATTLE, WA—Capstone Companies is pleased to announce the launch of its new Seattle brokerage office specializing in the exclusive listing and selling of multi-family properties across the Pacific Northwest. The team will be led by Managing Director, Evan McLeod, and Director, Chris Hardman, who bring over a decade of apartment...
