Avenue5 Residential Leases 15,000 SQFT at 90%-Full Two Union Square in Seattle
As Class A asking rents in downtown Seattle slide toward $40 per square foot and direct vacancy holds above 32 percent, Avenue5 Residential...
Chinese Developer Binjiang Offloads Seattle’s 142-Room Sound Hotel for $35MM
A Hangzhou Binjiang Real Estate Group affiliate has cashed out of the boutique hotel it helped build atop Belltown's Arrivé tower, transferring the...
23-Unit Yakima Apartment Community Listed at $3.1MM, 6.81% Cap Rate
Yakima 23's $3.1 million listing lands as Eastern Washington apartment sales rebound and cap rates compress toward 6.2 percent, testing whether a smaller,...
Ready Capital Lands $141MM C-PACE Loan for Portland’s Block 216 Ritz-Carlton Tower
The financing, arranged by Peachtree Group and described by the firm as its second-largest C-PACE deal to date, gives Ready Capital a long-dated,...
Waterton Acquires 344-Unit Arrivé High-Rise in Seattle’s Belltown for $155MM
Waterton plans a light value-add renovation of Arrivé's lobby, amenities and units, betting on Belltown's walkable access to Amazon, Google and Apple even...
Seattle’s 506-Unit Multifamily Community Museum House Secures $250MM in Refinancing
Barings has stepped in with $250 million in permanent financing for Seattle's newly completed Museum House, the twin-tower First Hill community built beside...
Tourmaline Capital Acquires 384,000 SQFT South Sound Center in Lacey for $44.1MM
Tourmaline Capital paid $44.1 million for the Trader Joe's-anchored Lacey shopping center, ending Capital Development Company's roughly 60-year ownership and betting that Puget...
St. Regis Properties Secures $23.25MM Refinance for 105-Unit Align Apartments in Federal Way
St. Regis Properties tapped a life company correspondent lender instead of the debt funds that typically price bridge loans at this leverage, landing...
Portland Council Pledges $120MM Toward $600MM Moda Center Overhaul to Keep Blazers
Wednesday's vote sets the stage for months of high-stakes bargaining with the Trail Blazers' new ownership, whose rocky start with City Hall has...
