Insights

Bellingham apartment community exterior

PTLA Announces Bellingham Acquisition

Walnut Creek, CA (April 16, 2021) – PTLA Real Estate Group announced the acquisition of 920 22nd Street in Bellingham, WA, which they purchased using investor equity. The 14-unit apartment complex located just south of Western Washington University’s campus is made up of 3-bedroom units.

The company plans to complete interior and exterior renovations this this summer and will provide long-term management from PTLA Property Management’s Bellingham office.

Western Washington University recently announced they intend for most Fall 2021 classes to be held in-person. “We feel very confident in the Bellingham market, where we manage roughly 1,500 units, so we are very pleased to have acquired another property there,” said Peter Wilson, President of PTLA Real Estate Group.

 

ABOUT PTLA REAL ESTATE GROUP

PTLA Real Estate Group is an independent company that acquires and manages real estate with a specific focus in the West Coast market. In our 50-year history, we have built a team and company centered around the goal of achieving a higher standard of excellence. For more information, please visit our website at www.ptlareg.com.