Griffis Residential Sells Griffis North Creek Property
Denver-based Griffis Residential has completed the sale of its Griffis North Creek multifamily property. The transaction was conducted through the company's Fund IV.
Griffis Residential, a Denver, Colorado-based owner and operator of multifamily properties, announced the completion of the sale of Griffis North Creek. The sale was executed through the company's Griffis Premium Apartment Fund IV (Fund IV).
The buyer and sale price were not disclosed. Griffis North Creek is located in the Seattle-Tacoma metropolitan area of Washington state.
Griffis Residential manages a portfolio of apartment properties across 13 markets nationwide. The company specializes in the ownership and operation of multifamily assets.
Fund IV is one of Griffis Residential's investment vehicles focused on acquiring and managing apartment communities. The fund's strategy involves identifying and operating properties in diverse geographic locations.