Virtú Investments, a multifamily real estate firm, has acquired Elevate Apartments, a 133-unit student housing property in Bellingham, Washington. This acquisition reflects the growing demand for quality housing in the Pacific Northwest, driven by increasing enrollment at Western Washington University and a limited housing supply. Elevate offers various rental options and amenities, including a fitness center and rooftop terrace. This marks Virtú’s second purchase in Bellingham and its 26th acquisition in the region since 1997. The firm aims to leverage favorable market conditions and capitalize on opportunities within multifamily real estate.