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May 19, 2020

Stream buys apartments in Old Bellevue for $50M

Real Estate Editor

Photo provided by UDR [enlarge]
The Borgata apartments last traded in 2007 for $31 million. The building includes 5,400 square feet of retail and commercial space.

The Borgata apartments, at 37 103rd Ave. N.E. in Old Bellevue, have sold for almost $49.6 million, according to King County records. The seller was DCO Borgata LLC, an entity of UDR of Denver (formerly United Dominion Realty Trust), which acquired the property in 2007 for almost $31 million.

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