Seattle Hotel Market Showing Strong Performance and Attracting New Capital Sources
By Jon Peterson The Seattle hotel market is showing off a very strong performance and is attracting new investment players in the region....
TIAA-CREF and Holland Earn 4% Cap Rate on Sale of Premiere on the Pine
By Jon Peterson New York City-based TIAA-CREF and Vancouver, Wash.-based Holland Partner Group traded the 386-unit Premiere on the Pine apartment complex at...
McNellis: WeWork Until WeDon’t
By John McNellis When was irrational exuberance upgraded to the first class lounge? When did delusional insanity take over the valuations of start-up...
Polaris Pacific: Seattle Condominium Market, June 2015
READ FULL REPORT HERE Annual Price and Sales Changes by District The maps below (Figures 1 & 2) show annual percentage changes in...
Grosvenor Sells Redmond Apartment for $43MM
By Jon Peterson Grosvenor Americas has sold the Peloton Apartments in Redmond for $43 million to San Mateo, Calif.-based G.W. Williams Co. The...
Sequoia Equities Expands into Seattle Apartment Market with $93MM Buy
By Jon Peterson Walnut Creek, Calif.-based Sequoia Equities makes its first apartment deal in the Seattle market with the $93 million acquisition of...
McNellis: In Praise of Inefficiency
By John McNellis A lender on one of our projects wrote last week, demanding we post an $800,000 letter of credit to further...
Sequoia Equities Acquires Historic High-Rise Apartment Building in Downtown Seattle for $93MM
Sequoia Equities, Inc. continues to see potential in the Pacific Northwest; the firm’s latest purchase marks the second “core” high-rise acquisition in the...
Waterton Pays $20.2MM for Apartment Complex in Lynwood
By Jon Peterson Chicago-based Waterton Associates has paid $20.2 million or $130,000 per unit late last year to acquire the 155-unit Martha Lake...
