The Dow Hotel Company Ramps up Acquisition Program, Greg Denton Joins as Senior Vice President of Hotel Investments
SEATTLE--Officials of The Dow Hotel Company (DHC), a leading national hotel owner/investor and operator, today announced that it is aggressively ramping up its acquisition program...
DivcoWest Starts a $1.5 Billion Capital Raise for New Commingled Fund
By Jon Peterson San Francisco-based DivcoWest Properties has just started the capital raising process for its next commingled fund, the $1.5 billion DivcoWest...
Kidder Mathews Expands into Phoenix – Recruits 11 Veteran Brokers to Join Its Team
Phoenix, Ariz. (October 1, 2015) – Commercial real estate brokerage firm, Kidder Mathews, announced it has opened an office in Phoenix and has...
Columbia Pacific Advisors, LLC Completes Sale Of “Verve” Multi-Family Asset In Downtown Seattle
[EDITOR'S NOTE: According to public records, the sale price was $77.7 million. The buyer is Clarion Partners.] SEATTLE, Oct. 1, 2015 -- Columbia Pacific Advisors,...
Starwood Hotels & Resorts to Launch Dual-Branded Aloft and Element Hotel Development in Redmond, Washington
Set to open in July 2017, Aloft and Element Redmond will Offer a Prime Location just outside the Microsoft Campus STAMFORD, Conn.--Starwood Hotels...
Invesco Buys Seattle’s 1101 Westlake for $67.4MM
The investment management firm Invesco has been named as the buyer of the 1101 Westlake project for $67.4 million. The six-story 150,000-square-foot office...
TruAmerica Buys Four Assets in Seattle for $121MM
By Jon Peterson Los Angeles-based TruAmerica Multifamily has acquired four apartment properties in the Seattle area for $121.45 million or $151,000 per unit....
TruAmerica Pays $36MM to Buy Apartment in Renton
By Jon Peterson Los Angeles-based TruAmerica Multifamily paid $36.75 million or $181,000 per unit to buy the 202-unit Windsor Apartment Homes in Renton....
John Burns: Immigration Changes Mean Surge in Construction Costs
https://youtu.be/M0LVPhhhIUE By John Burns Home builders tend to assume construction costs will not rise because even if they do go up, home price...
