BRIDGE Housing Pays $55.2MM for 200-Unit Apartment Complex in Kirkland With Plans to Convert Site into Affordable Housing

The transaction in Kirkland, the second local BRIDGE project supported by Amazon, reflects the growing role of acquisitions in expanding affordable housing supply

(Editor’s Note: According to King County property records, the sales price was $55.2 million, or approximately $276,000 per unit.)

SAN FRANCISCO (May 30, 2025) – BRIDGE Housing, the leading nonprofit affordable housing owner and developer on the West Coast, has acquired a multifamily community in Kirkland, Wash., and will convert all 200 market-rate units into much-needed affordable housing in the fast-growing Seattle suburb.

The purchase of Vue Kirkland Apartments marks the largest market-rate conversion by BRIDGE as it accelerates property acquisitions to both create and preserve low-income housing throughout the West Coast.