Delivering 200 sustainable and transit-oriented workforce units to Lynnwood, Washington, the project will be developed in partnership with Kōz Development.
The new firm will provide financing for all asset classes, with a primary focus on multifamily.
Completing vertical integration, Capital Square Living will assume management of the company’s portfolio of 14,000 units across 55 communities.
Marking the continued expansion of the Toll Brothers luxury brand, the 13-story mixed-use community will offer 501 units and 37,000 square feet of ground-floor retail space.
Unchanged from January, Yardi Matrix reports U.S. asking rents averaged $1,702 and year-over-year growth continued its decline.
