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Cardinal Equities Sells Entitled 140-Unit Bremerton Development Site Slated for Affordable Housing

Summary by The Registry
A downtown Bremerton transit-oriented parcel, listed at $3.5 million, trades to a buyer planning to advance affordable housing minutes from the Puget Sound Naval Shipyard. A 1.05-acre downtown Bremerton development site entitled for a 140-unit, six-story apartment building has changed hands, capping one of the South Sound’s most closely watched multifamily land trades this spring. The seller, an entity affiliated with Beverly Hills-based Cardina…
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The Registry broke the news on Tuesday, June 2, 2026.
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