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American Capital Group, PGIM Real Estate Announce Construction of 453-Unit Multifamily Development in Kirkland - The Registry

Summary by The Registry
KIRKLAND, Wash.–American Capital Group (“ACG”), a full-service real estate investment and development company, and PGIM Real Estate, the real estate investment and financing arm of Prudential Financial, today announced a joint venture to develop The Foundry at Totem Lake, a multifamily project in the Kirkland submarket of Seattle. Construction is set to begin in Q2 2025, with completion expected by Q4 2027. Located at 12700 and 12704 NE 124th St…
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The Registry broke the news in on Wednesday, May 7, 2025.
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