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June 12, 2025

Investor launches new multifamily arm

Lake Washington Partners you already know. Based in Bellevue, the family-run investor has mainly worked in the office and industrial sectors. But that changed with two recent multifamily acquisitions, including the 84-unit Union Park (pictured) on First Hill. That plus the 47-unit St. Theodore on Roosevelt add to the growing portfolio of LWP's new Refound Residential arm. LWP's Jordan Lott said in a statement, “After two decades of being long-term investors in large-scale industrial and Class-A office real estate, we're thrilled to build upon our company's mission with our entry into multifamily.” Refound's website also lists the 47-unit Aldercrest, near Harborview; the 44-unit Bellefield Manor, in Bellevue; and, on Capitol Hill, the 33-unit New Carroll, 25-unit Capitol Hill Park and 16-unit Thunderbird.




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