New York-based real estate firm Time Equities, Inc. (TEI) has recently announced the acquisition of Mirabella Apartments in Seattle, Washington. The 40,400-square-foot mixed-use residential complex was purchased alongside Gordian Knot Investments (GKI). This marks TEI’s second multifamily acquisition in Seattle since 2021 and is a testament to their strong partnership with local joint venture partner GKI.
The property, located at 4250 Aurora Ave N and sold by Gibraltar USA, consists of two buildings with a total of 44 apartments. TEI’s Jonathan Dulberg and Keaton Baum as well as GKI’s Mathew Ricci and Deba Ricci represented both parties in the deal while Natalia Beran handled the transaction for Gibraltar.
Built in 1997, Mirabella will undergo upgrades including renovations to its exterior and interior spaces along with new amenities on its roof deck. Situated in Seattle’s Wallingford neighborhood near North Lake Union – home to major tech companies such as Google, Adobe, Amazon,and Meta – Mirabella offers convenient access for residents working at these top employers.
This latest acquisition showcases TEI’s expertise in real estate investment alongside their trusted partners like GKI. With this strategic purchase adding another asset to their portfolio,T EI continues to solidify its presence within the thriving Seattle market.
