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...
Bellevue’s Star Continues to Shine, and Leasing Activity Picks Up
By Jack Stubbs Leasing activity for the first two quarters of this year in Bellevue, Seattle’s largest satellite city, is often viewed in...
Shaped by Tech Demand, Seattle Leasing Activity Soars
By Jack Stubbs It will come as little surprise to anyone tracking the Puget Sound commercial real estate marketplace that leasing activity in...
Rick Fedrizzi to Leave U.S. Green Building Council
The Registry received news of Rick Fedrizzi leaving USGBC. Below is the letter he sent out announcing his departure. Dear USGBC Community, When...
Pearlmark Plans to Target Seattle for New Mezzanine Fund
By Jon Peterson Chicago-based Pearlmark Real Estate is planning on seeking out investment opportunities in San Francisco and Seattle for its latest commingled...
TIAA-CREF Adds to Seattle Portfolio with Apartment and Retail Deals
By Jon Peterson New York City-based TIAA-CREF has increased its real estate exposure in the Seattle region with apartment and retail acquisitions. Rich...
Following KKR Infusion, Drawbridge to Seek Opportunities in Seattle
By Jon Peterson San Francisco-based Drawbridge Realty is now interested in buying properties in Seattle, following last week’s announcement of recapitalization by New...
