Berkadia Completes Sale and Secures Financing for Multifamily Property in Tukwila, Washington
Tukwila, Washington – June 10, 2025 – Berkadia, a distinguished leader in the commercial real estate sector, announced today the sale of Foster Creek, a 179-unit garden-style multifamily property in Tukwila, Washington. Managing Directors Benjamin Johnson and David Sorensen, Director George Pallis, Associate Director Peter Dudunakis, along with Senior Managing Director Kenny Dudunakis of Berkadia Seattle led the transaction on behalf of the seller, California-based Investors Management Group.
Senior Managing Director Tim Leonard and Managing Director Chris Crump of Berkadia Dallas secured the acquisition financing on behalf of the buyer.
“We are excited to announce the successful sale of Foster Creek in Tukwila, Washington, highlighting the strong demand for quality housing in the Seattle metropolitan area,” said Johnson. “Ideally located near the Link Light Rail and Southcenter Mall, Foster Creek offers unmatched convenience and accessibility. Our team at Berkadia is proud to have facilitated this sale on behalf of the seller, and we look forward to seeing Foster Creek thrive under its new ownership.”
Located at 15110 Macadam Rd S, the property affords convenient access to the Link Light Rail Station and Westfield Southcenter mall. Foster Creek was built in 1968/1971/1978 and features 179 units.
Berkadia Completes Sale, Secures Financing for Multifamily Property in Tukwila | Connect CRE