Berkadia Negotiates Multifamily Property Sale in Kirkland, Washington
Kirkland, Washington – June 6, 2025 – Berkadia, a distinguished leader in the commercial real estate sector, announced today the sale of Vue Kirkland, a 200-unit garden-style multifamily property in Kirkland, Washington. Managing Directors David Sorensen and Benjamin Johnson, 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 Acacia Capital.
The buyer was BRIDGE Housing, and the purchase of Vue Kirkland Apartments marks the largest market-rate conversion by BRIDGE as it accelerates property acquisitions to both create and preserve low-income housing throughout the West Coast.
“We are grateful for the chance to collaborate with both the seller and buyer on this transaction,” said Sorensen. “Vue Kirkland stands out as a remarkable garden-style community, uniquely situated within walking distance of the newly developed Totem Lake. This property is poised to leverage the distinctive qualities and economic expansion of the Eastside, along with its value-add potential.”
Situated at 11733 NE 131st Place, Vue Kirkland provides exceptional access to major employers in the rapidly expanding Eastside, one of the fastest-growing employment hubs in the nation. Built in 1977, the property features 200 apartment homes.
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