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Seattle Expects Few Affordable Housing Units in Downtown and South Lake Union with Upzone

Taller buildings are heading for Seattle’s South Lake Union and downtown areas, as the Seattle City Council passed on Monday a unanimous upzone, allowing...
Soundcare, Soudcare Inc., Tacoma, University place care center,

Soundcare Sells Senior Living Communities in Tacoma for $20MM

By Brittan Jenkins Residential transactions around the Puget Sound region have been in the news recently, and senior housing properties have become just as attractive...
AvalonBay, Bothell, King County

AvalonBay Communities Buys Property in Bothell for $13MM

[googlemaps https://www.google.com/maps/embed?pb=!1m18!1m12!1m3!1d2679.0865956643593!2d-122.20990128436212!3d47.818539379199166!2m3!1f0!2f0!3f0!3m2!1i1024!2i768!4f13.1!3m3!1m2!1s0x54900f5d724f2b75%3A0x9ee5a04c95e0a3!2s19720+Bothell+Everett+Hwy%2C+Bothell%2C+WA+98012!5e0!3m2!1sen!2sus!4v1491523719332&w=640&h=450] Arlington, VA-based equity REIT AvalonBay Communities just closed on the purchase of three parcels of land in Bothell for $13 million. AvalonBay acquired...
GGLO, Hewitt, Barrientos + Ryan, Queen Anne, Uptown, Seattle

GGLO Presents Plans For Former Site of Teatro ZinZanni to Design Review Board

By Brittan Jenkins Plans for the somewhat controversial site where Seattle's Teatro ZinZanni operated for a decade, were presented to a packed room at a...
Lake City, North Seattle, Kidder Mathews

Development Site Up For Grabs in Seattle’s Lake City

By Brittan Jenkins For $2.5 million or $92.31 per square foot of land, Kidder Mathews is looking for an interested developer to build a 135-unit...
Florera, Greenlake, Pathfinder

Pathfinder Partners Sell Florera Condominiums in Greenlake for $12.68MM

By Brittan Jenkins San Diego-based Pathfinder Partners sold the Florera Condominiums in Greenlake for $12,681,576.26 to a Bellevue-based entity called GL 413 Investment LLC. Pathfinder Partners...
Issaquah Highlands,

Hearthstone Buys Undeveloped Land in Issaquah Highlands for $49MM

By Brittan Jenkins Newport Beach, CA-based William Lyon Homes, which previously acquired Polygon Northwest, sold four parcels of undeveloped land in Issaquah Highlands to Irvine,...
Mayfield, Carol Kensington Apartments, Capitol Hill, Seattle

Mayfield Investment Company Acquires The Carroll Kensington Apartments for $23MM

[googlemaps https://www.google.com/maps/embed?pb=!1m18!1m12!1m3!1d1938.185919552776!2d-122.32674032951613!3d47.621158547102795!2m3!1f0!2f0!3f0!3m2!1i1024!2i768!4f13.1!3m3!1m2!1s0x54901533d5e9db7f%3A0x88a6c8d46951589d!2sCarroll+Kensington+Apartments!5e0!3m2!1sen!2sus!4v1491271137824&w=640&h=450] Real estate investor and property manager, Mayfield Investment Company, which has office and apartment assets throughout the West Coast, purchased the Carroll Kensington...
Section 8, Trailside Village, Everett

Section 8 Housing Development in Everett Sells for $33.3MM

By Brittan Jenkins Torrance, CA-based Preservation Partners Development/Management Group, associated with William Szymczak, sold a Section 8 housing development, Trailside Village, at 1308 100th Pl...
Lincoln Square Expansion, Lincoln Square, Bellevue, GLY Construction, Kemper

$1 Billion Lincoln Square Expansion in Bellevue is Almost Fully Leased

By Brittan Jenkins Eleven years after Kemper Development Company opened Lincoln Square in Bellevue, the group is ready for its expansion of the development to...

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