Japanese Firm Orix Provides $55M Refi for 200-Unit Seattle Apartment Complex
A joint venture among Mack Real Estate Group, Silverstein Properties and Cantor Fitzgerald owns Swell Apartments
By Brian Pascus September 10, 2026 4:49 pm
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A joint venture among Mack Real Estate Group, Silverstein Properties and Cantor Fitzgerald has secured $55 million to refinance Swell Apartments, a 200-unit multifamily complex in Downtown Seattle, Wash., Commercial Observer can first report.
Japanese investment firm Orix Real Estate Capital provided the debt, while Newmark’s Jordan Roeschlaub, Chris Kramer, Sam Speciale and Lance Tillman arranged the transaction.
Located at 821 South Washington Street in the Yesler Terrace neighborhood of Seattle’s Chinatown-International District, Swell Apartments opened in 2024. The building features a rooftop sky lounge, a fitness center, coworking spaces and private parking.
Brian Pascus can be reached at bpascus@commercialobserver.com.
821 South Washington Street, Swell Apartments, Cantor Fitzgerald, Mack Real Estate Group, Newmark, Orix Real Estate Capital, Silverstein Properties
