Vanke to finance US apartment tower

Seattle is getting another infusion of Chinese capital.

Real estate developer Vanke, the largest residential builder in China, is entering the market in a partnership to finance a $200 million, 43-story apartment tower three blocks from e-commerce giant Amazon's headquarters.

Vanke will be putting up a "significant" amount of the financing, though the amount is still being discussed and will be finalized next month, said Bob Kagan, senior vice-president of California-based Laconia Development, the partners with Vanke.