Family Office Briefing on research byLee & Associates·Apr 22, 2025
2025.Q1 Pacific Northwest, WA - Multifamily
Pacific Northwest multifamily market shows slight absorption increase in Q1 2025 — family offices should consider co-GP opportunities with disciplined operators.
Multifamily2025
Key Metrics
| Metric | Value |
|---|---|
| Absorption Units | 12,282units |
| Vacancy Rate | 7.3% |
| Asking Rent/Unit | 2,073$ |
| Sale Price/Unit | 301,541$ |
| Cap Rate | 5.70% |
| Under Construction Units | 14,761units |
Metrics extracted from the source report and independently fact-checked. Method →
Full report
Lee & Associates
Building a thesis around Multifamily? Share it confidentially with the Thesis Exchange — we pair you anonymously with family offices running adjacent multifamily strategies.
Peer Network · By Invitation
The Thesis Exchange
Share an investment thesis in confidence. We pair you anonymously with up to two other family offices running adjacent strategies. Reviewed by Gallium's editorial team. No vendor pitch.