US Public Pension Funds Deploy Over $4.7 Billion in Real Estate and Infrastructure Commitments
CalSTRS leads a wave of capital deployment as major retirement systems target industrial, multifamily, and value-add strategies heading into 2026. A string of...
Compass Quantifies $20MM in AI Savings, Setting a New Template for How Real Estate Talks to Wall Street
Following a record fourth quarter and the close of its Anywhere acquisition, Compass has turned vague AI promises into measurable margin expansion—and the...
McKinsey: Agentic AI Could Unlock Up to $550 Billion in Global Real Estate Value
A new report urges industry leaders to move beyond isolated AI pilots and instead redesign entire operational domains around human-agent collaboration. A March...
Public Storage and Welltower Forge Landmark Cross-Sector AI Partnership, Rewriting the REIT Playbook
The two S&P 500 REITs will cross-license proprietary data science models for capital allocation and operations, signaling a new era for technology-driven real...
Portland City Council Unanimously Approves Zoning Map Changes on 19 Nonprofit-Owned Sites to Accelerate Affordable Housing
The Affordable Housing Opportunities Project removes zoning barriers on properties owned by public agencies and nonprofit housing providers, arriving amid a sharp decline...
Space Needle LLC Selected to Redevelop Seattle Center’s Thomas Street Gateway into New Retail and Attractions Hub
Wright family-owned entity advances as sole qualified proposer for public-private partnership on the 74-acre campus’ busiest pedestrian corridor Seattle Center has selected Space...
Covington-Affiliated Entity Acquires Sahalee Golf & Country Club in Sammamish for $11MM
The 210-acre Sammamish golf course, one of the Seattle area’s most prestigious private clubs, changes hands following a member vote that drew near-unanimous...
Pacific Maritime Association Acquires 10,200 SQFT Tacoma Training Facility for $10.5MM
The sale consolidates ownership of the Pacific Northwest Training Center within Portside 55 East, a maritime-oriented development on Port of Tacoma ground-lease land...
Groundbreaking on Seattle Public Schools’ $225MM Aki Kurose Middle School Renovation Set for Summer
The two-year modernization and expansion project in the Hillman City neighborhood will demolish 25,000 square feet and add a new 65,000-square-foot classroom wing,...
Fusion Academy Leases 9,500-SQFT Suite at Bellevue’s Lincoln Plaza, Expanding Washington Footprint with Second Campus
Michigan-based private school chain becomes the latest educational institution to repurpose vacant Eastside office space amid rising private school enrollment and persistently elevated...
Wells Fargo Economists Signal Disinflation Progress Is Stalling as February CPI Looms
Rising energy costs, tariff pass-through, and sticky shelter inflation are expected to keep consumer prices advancing at a pace well above the Federal...
SMPS Pacific Regional Conference (PRC) in Seattle March 18–20, 2026: Hands-on Workshops, Single-Day Ticket, and Social Event Tickets Available
SEATTLE, Wash. — The Society for Marketing Professional Services 16th Annual Pacific Regional Conference (SMPS PRC) is taking place March 18–20, 2026, at...
Portland City Council Unanimously Approves Zoning Map Changes on 19 Nonprofit-Owned Sites to Accelerate Affordable Housing
The Affordable Housing Opportunities Project removes zoning barriers on properties owned by public agencies and nonprofit housing providers, arriving amid a sharp decline...
Portland Design Commission Unanimously Approves Master Plan for 29-Acre Lloyd Center Demolition and Mixed-Use Redevelopment
Owners envision more than 5,100 housing units, 457,000 square feet of retail, and a 2.3-acre urban park on the site of the Pacific...
Portland’s Temporary Fee Waiver Attracts 1,720 Housing Units as City Targets 5,000 Unit Production Goal
Portland Permitting & Development released its first report on Feb. 27 describing the early results of a new financial incentive, enacted last summer,...
Sculptor Capital Acquires 506-Room Portland Marriott Downtown Waterfront for $30MM in Distressed Sale
The landmark waterfront hotel at 1401 S.W. Naito Parkway traded at approximately $59,300 per room — a 64 percent discount from its $82.7...
44-Unit LaScala Apartments in Beaverton Listed for Sale With Assumable $7.48MM Loan at 3.61%
Mixed-use property in downtown Beaverton combines retail income, below-market rents, and fixed-rate financing through 2032 In a market where investors are weighing income...
Barnes & Noble to Shutter Portland’s Lloyd Center Location as Mall Prepares for $1B Redevelopment
The bookstore’s May 2 closure marks one of the first tenant exits as Urban Renaissance Group and KKR move forward with plans to...
Pacific Northwest Commercial Real Estate News
2026 Pacific Northwest CRE Rising Stars
Celebrating the Next Generation of Commercial Real Estate Excellence From the tech epicenters of Seattle and Portland to the industrial ports of...
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US Public Pension Funds Deploy Over $4.7 Billion in Real Estate and Infrastructure Commitments
CalSTRS leads a wave of capital deployment as major retirement systems target industrial, multifamily, and value-add strategies heading into 2026. A string of...
Wells Fargo Forecasts Modest Housing Recovery in 2026, but Affordability Remains at Historic Lows
A new Wells Fargo Economics report projects incremental gains in home sales and price appreciation, even as the national home price-to-income ratio remains...
Fusion Academy Leases 9,500-SQFT Suite at Bellevue’s Lincoln Plaza, Expanding Washington Footprint with Second Campus
Michigan-based private school chain becomes the latest educational institution to repurpose vacant Eastside office space amid rising private school enrollment and persistently elevated...
Amazon’s Empty Chairs
By Billy the Broker (I just want to stay anonymous) To put the size of Amazon’s office downsizing in perspective, one of its...
The Morning After and How The Cycle Turned While You Were Sleeping
After two years of paralysis, capital is clearing its throat and deal volume is stirring — but this cycle rewards scalpels, not sledgehammers....
3D Printed Houses and Other Fairy Tales
By Billy the Broker (I just want to stay anonymous) The prophecy was always that technology would save us. And here we are in 2026,...
The $200 Billion Question: Where Does Your Tariff Tax Go?
By Billy the Broker (I just want to stay anonymous) The Trump administration is crowing about collecting $200 billion in tariff revenues this year. Customs...
McNellis on CMBS: “Commercial Mortgage BS”
By John McNellis This essay is taken from John’s forthcoming 3rd edition of Making it in Real Estate. I was leaning against the bar...
Why CRE Experts Say the Looming $1.26 Trillion Debt Wall Can Be Scaled
By Kidder Mathews Roughly $1.26 trillion in commercial real estate loans are set to mature through 2027. Most originated in the mid-2010s, when rates averaged between...
Portland Design Commission Unanimously Approves Master Plan for 29-Acre Lloyd Center Demolition and Mixed-Use Redevelopment
Owners envision more than 5,100 housing units, 457,000 square feet of retail, and a 2.3-acre urban park on the site of the Pacific...
Nicola Real Estate Sells 34,873-SQFT Studio 7500 Office Building in Redmond Town Center for $23MM
The transit-adjacent, net-leased property is fully occupied by a Volkswagen subsidiary and subleased to cybersecurity firm CrowdStrike, offering the new owner secured cash...
$10.2MM Permanent Refinance Secured for 92,400 SQFT Terminal Sales Office Building in Downtown Seattle
Historic Tower Located Near Pike Place Market in Accessible, Amenity Rich District; Refinance Reflects Insurance Company Lenders’ Improving Views on Office Underwriting Moving...
City of Bellevue Proposes 52,000 SQFT Parks Operations Facility in Bridle Trails
The three-building municipal project would replace aging structures and centralize parks maintenance operations near NE 55th Street and 140th Avenue NE In Bellevue,...
Wells Fargo Forecasts Modest Housing Recovery in 2026, but Affordability Remains at Historic Lows
A new Wells Fargo Economics report projects incremental gains in home sales and price appreciation, even as the national home price-to-income ratio remains...
Steel Peak Properties and Tarsadia Investments Target $500MM IOS Portfolio Across Western U.S.
The Encinitas-based firm, founded just two years ago by former brokers, has already acquired 11 properties and is now scaling rapidly with institutional...
LIHI’s $50MM Senior Housing Project Tops Out in North Seattle, Adding 90 Affordable Units to Bitter Lake
The seven-story Passive House development at 12245 Aurora Ave. N. marks the first phase of a two-phase affordable housing plan on the former...
70,000 SQFT Brierwood Park Hits Market as 300-Unit Multifamily Redevelopment Opportunity in Bellevue’s Surging Wilburton Corridor
Land site with two vacant office buildings hits the market as developers race to capitalize on the city’s landmark transit-oriented rezoning Cushman &...
