Jones Lang LaSalle Inc.
10/28/2026 | Press release | Distributed by Public on 10/28/2026 11:29
Sale and financing secured for Seattle’s Bell Ballard apartment community
Key Takeaways
- JLL Capital Markets completed the sale and financing Bell Ballard, a 261-unit multifamily community in Seattle, Washington
- Freddie Mac provided the five-year acquisition financing on behalf of Bell Partners, Inc.
SEATTLE, Oct. 28, 2026 - JLL Capital Markets announced today that it has completed the sale and financing of Bell Ballard (fka Leva on Market), a 261-unit apartment community in Seattle, Washington.
JLL marketed the property on behalf of the seller. Bell Partners, Inc. purchased the asset and was assisted by JLL in securing a five-year acquisition loan through Freddie Mac.
Bell Ballard is positioned on a 1.26-acre site at 1545 NW Market St. northwest of Downtown Seattle. Completed in 2008, Leva on Market consists of a six-story North Tower and eight-story South Tower. The property is in the heart of Seattle's Ballard neighborhood, which is home to more than 450 retail shops, restaurants and entertainment amenities and a coveted outdoor recreation scene. Bell Ballard is also convenient to the area's largest employment drivers, including South Lake Union, Downtown Seattle and the Eastside, via major regional thoroughfares, including Highway 99 and Interstates 5 and 90.
JLL's Capital Markets Investment Sales and Advisory team representing the seller was led by Senior Managing Directors Corey Marx and David Young and Managing Director Chris Ross.
JLL's Debt Advisory team representing the borrower was led by Executive Managing Director Charles Halladay, Senior Managing Director Travis Anderson, Director Brad Woolard and Vice President of Production Support Sarah Murphy.
"Seattle's Ballard neighborhood has established itself as a premier submarket as it offers a walkable, amenity-rich urban core close to the major employment centers in the city," said Ross.
JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The group's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients, including investment sales and advisory, debt advisory, M&A and corporate finance, loan sales, equity & fund placement, net lease, derivative advisory and energy & infrastructure advisory. JLL Capital Markets has more than 3,000 specialists worldwide with offices in nearly 50 countries.
For more news, videos and research resources, please visit JLL's newsroom.
About JLL
JLL (NYSE:JLL) is a leading global commercial real estate services and investment management company with annual revenue of $26.1 billion, operations in over 80 countries and a global workforce of more than 112,000 as of September 30, 2026. For over 200 years, clients have trusted JLL, a Fortune 500® company, to help them confidently buy, build, occupy, manage and invest across a variety of industries and property types, including office, industrial, hotel, multi-family, retail and data center properties. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAY. Powered by rich global datasets and leading technology capabilities, we provide coordinated, end-to-end delivery of real estate services for a broad range of global clients who represent a wide variety of industries. Through LaSalle Investment Management, we invest for clients on a global basis in both private assets and publicly traded real estate securities. For further information, visit jll.com.
About Bell Partners
Established in 1976, Bell Partners Inc. is one of the nation's leading apartment investment and management companies, focused on quality multifamily rental communities throughout the United States. The Company manages approximately 65,000 apartment homes in 12 regions across the U.S., including communities in Seattle, San Francisco, Southern California, Denver, Dallas/Ft. Worth, Austin, Atlanta, Central and Southeast Florida, Charlotte/Raleigh, Washington D.C., and Boston. With approximately 1,500 associates and nine offices, Bell Partners offers an extensive full-service vertically integrated national platform with expertise in property management, acquisitions, construction, financing, accounting, risk management, and related support functions. Led by a senior management team with an average of 27 years of experience, Bell Partners has invested throughout all phases of the real estate cycle and has completed almost US$12 billion of realized apartment transactions since 2002. Bell Partners is a part of BGO, the global real estate investment management business within SLC Management, the institutional alternatives and traditional asset management business of Sun Life. For more information, visit www.bellpartnersinc.com
Jones Lang LaSalle Inc. published this content on October 28, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on October 28, 2026 at 17:30 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]