Schuster Group Selected as Asset Manager for The Maddux Apartments with Mt. Baker Housing Association

Published September, 15, 2025

Seattle, WA — 8/15/2025 — The Schuster Group is proud to announce its selection by Mt. Baker Housing Authority as the asset manager for The Maddux Apartments, a vibrant and community-centered affordable housing development located in the Othello neighborhood of Seattle.

The Maddux, completed in 2023, offers 203 affordable apartment homes and retail space, with a focus on sustainability, transit-oriented development, and long-term affordability. Mt. Baker Housing Authority selected The Schuster Group for their proven expertise in real estate asset management and their shared commitment to housing equity and neighborhood revitalization.

“We’re honored to partner with Mt. Baker Housing Association on The Maddux,” said Holly Gardner, President of The Schuster Group. “This project represents the kind of thoughtful, community-focused housing that Seattle needs more of — and we are thrilled to contribute our asset management expertise to ensure its long-term success.”

As asset manager, The Schuster Group will oversee the financial and operational performance of The Maddux Apartments, ensuring continued alignment with community goals, regulatory obligations, and long-term financial health.

About The Schuster Group
The Schuster Group is a Seattle-based real estate development and investment firm recognized for its commitment to design excellence, sustainability, and community impact. With deep expertise in historic preservation and adaptive reuse, The Schuster Group continues to shape environments that connect the region’s past with its future.

Established in 1989, The Schuster Group is a fully-integrated real estate investment, development, management and consultation firm, headquartered in Seattle, Washington. As a nationally recognized award-winning developer, The Schuster Group has built a distinguished reputation of developing dynamic environments by uniquely blending vision, creativity and high performance processes. Leveraging this brand and reputation on behalf of its clients, The Schuster Group has been creating distinctive, sustainable projects of enduring value for over 25 years. For more information, visit www.theschustergroup.com

Media Contact:
Kim Combs
The Schuster Group
kcombs@theschustergroup.com
206-529-3900
www.theschustergroup.com