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FEDERAL WAY, WASH. — Liquid Capital has acquired Silver Shadow apartments in Federal Way from Silver Shadow LLC for $13.45 million. The property, located at 27606 Pacific Highway South, features 11 two- and three-story buildings with 44 one-bedroom units, 72 two-bedroom units and 16 three-bedroom units. Amenities include a clubhouse, a heated indoor pool, a spa and an exercise room. Jim Claeys of Apartment Realty Advisors’ Seattle office represented the buyer, who acquired the property to complete a 1031 Exchange.