Trinity Property Consultants Buys The Groves in Seattle

Reported Oct 5, 2026 · Source: CRE News

Source: CRE NewsRead the full report at CRE News ↗

Deal details

Buyer
Trinity Property Consultants
Seller
RISE Properties Trust (bought 2019 for $81M)
Price
$72M
Size
366 units; $196,721 per unit
Price per unit
$196,721 per unit (our calculation)
Asset class
Multifamily & Mixed-use
Transaction
Sale
Sub-market
South King County (Kent / SeaTac / Des Moines)
Metro
Seattle
Reported date
Oct 5, 2026

Summary

The Groves is a multifamily & mixed-use sale in South King County (Kent / SeaTac / Des Moines), Seattle. Other details we have: buyer Trinity Property Consultants; seller RISE Properties Trust (bought 2019 for $81M); price $72M; size 366 units; $196,721 per unit. CRE News reports: “Puget Sound Business Journal Trinity Property Consultants has paid $72 million, or $196,721/unit, for the Groves, a 366-unit apartment property in the Seattle suburb of Kent, Wash.”

Quoted from the article; the other facts come from our own deal listing.

Source: CRE News

Read the full report at CRE News. What the article says:

  • Deal / Price / Size / Buyer / Seller
    Puget Sound Business Journal Trinity Property Consultants has paid $72 million, or $196,721/unit, for the Groves, a 366-unit apartment property in the Seattle suburb of Kent, Wash. The Irvine, Calif., investor acquired the property, at 10811 SE 239th Place, from RISE Properties Trust of Toronto, which bought it in 2019 for $81 million. Rise financed […]
  • Deal
    Puget Sound Business Journal Trinity Property Consultants has paid $72 million, or $196,721/unit, for the Groves, a 366-unit apartment property in the Seattle suburb of Kent, Wash.

Article date: 2026-10-05T17:00:37+00:00

Quick answers

Who bought The Groves?
Trinity Property Consultants bought The Groves in South King County, Seattle, according to CRE News.
How much did The Groves sell for?
The reported price is $72M, per CRE News.
How big is The Groves?
366 units; $196,721 per unit, as listed from the source.
When was this sale reported?
Reported Oct 5, 2026 by CRE News.

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Compiled from public sources; details can differ between sources. Always verify with the linked source.