NEWS

JLA Acquires Ballinger Apartments North of Seattle

July 12, 2021

JLA Properties Group, LLC continues to grow it’s portfolio in suburban residential areas north of Seattle.  The Ballinger Apartments are located in the City of Shoreline, east of I-5 and near Lake Forest Park.  “This is an ideal location for residential living, and with good access to Seattle and the Eastside”, commented Joe Levin, JLA’s founder and principal.   Levin added, “Many of the units have already been updated, and we plan to continue improvements to the property.”  This is JLA’s third property acquisition in Shoreline and adding to their growing portfolio of multifamily investments in the area.

JLA Completes Refinance of The Northpointe Highlands Apartments in Kenmore, WA

November 16, 2020

JLA secures $10.3 million Freddie Mac Loan of the 78-unit Northpointe Highlands Apartments. The property has been managed by JLA Properties Group, LLC since 2004. Mr. Levin stated “We have made significant progress in improving the property and operations since our ownership interest in 2004. We are very pleased to achieve a milestone of new financing, returning capital and additional proceeds to our investors.”

March 1, 2017

JLA announces it's acquisition of the Kenmore Village Apartments in Kenmore, WA. This is the first time the property has been sold. It was built in 1986, by it's original owner. The four-building apartment property is located in the heart of the growing city of Kenmore, north of Seattle and Bellevue. “We are excited to add Kenmore Village to our apartment portfolio in Northeast King County" stated Joe Levin, Principal of JLA Properties Group, LLC. "We have owned and operated multifamily properties nearby for the past fourteen years, and we look forward to adding Kenmore Village."

JLA Acquires North City Place Apartments in the one of the most desirable neighborhoods in Washington State

June 30, 2015

JLA announces it's acquisition of the 32-unit North City Place Apartments, formerly known as “The First". Built in 1980/1981, the property is located in one of the best neighborhoods north of Seattle, in Shoreline, WA. "North City is a great location and residential neighborhood!" stated Joe Levin, JLA Properties Group, LLC Founder and Principal. He added “North City is one of the areas we will see more growth. It has all of the amenities people want, parks, shopping, convenience, award-winning schools, and with good access to Seattle. Many of our residents really enjoy living outside of crowded Seattle areas, with only a short commute to work. This is their second apartment acquisition in North City, Shoreline. In 2003, they acquired the La Maison Apartments nearby. Mr. Levin commented "It's been a great property for us!"