TPG Real Estate Partners Sells ArtHouse Apartments In Seattle For $47.8M With JLL Brokers

The asset involved in the transaction is a multi-family property located at 2334 Elliott Avenue in Seattle, WA. The sale took place on December 22, 2025, with a total sale price of $47,800,000. The property consists of 139 units, resulting in a price per unit of $343,885.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $47,800,000
• Address: 2334 Elliott Avenue
• Market: Seattle, WA
• Units: 139
• Price Per Unit: $343,885
• Seller: TPG Real Estate Partners
• Brokerage: JLL
• Brokers: David Young, Corey Marx & Chris Ross

TPG Real Estate Partners sold the ArtHouse Apartments, having previously acquired the property from Angelo & Gordon as part of a portfolio buyout for $2.7 billion. In 2021, Angelo & Gordon purchased the property for $61.8 million.