Multifamily community trades hands in Washington

Buyer gains 400 units

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Hendricks & Partners negotiated the sale of Overlook at Lakemont, a 400-unit multifamily complex in Bellevue, Wash. The value of the transaction was not disclosed. The property is located at 5305 Lakemont Blvd. SE.  Tiburon, Calif.-based Concierge Asset Management sold the property to Ameriton Properties Inc. of Englewood, Colo. Hendricks & Partners is a national advisory firm focused exclusively on the sale of multifamily properties. *** What's your opinion? Send your Letter to the Editor to opinion@inman.com....