Dow Hotel Company Seeks to Invest North of $200MM in Hotels Going Forward

By Jon Peterson Seattle-based The Dow Hotel Company has plans to invest at least $200 million in the purchase of hotels over the next 12...
Newport Beach, RETS Associates, Cox Castle & Nicholson, NAIOP, Commercial Real Estate, Women in Commercial Real Estate Survey

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 Fund V,...

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 project...

Heitman to Earn Low Four Cap Rate on Dimension Acquisition

By Jon Peterson Chicago-based Heitman will be achieving a 4.2 percent cap rate on its purchase of the 298-unit Dimension by Alta apartment complex in...
California State Teachers Retirement System, Los Angeles, Resmark, ResCal Investments, San Francisco Bay Area, Seattle, CalSTRS

Berkshire To Seed New Investment Fund with Assets in San Jose and Seattle

By Jon Peterson Boston-based The Berkshire Group has seeded its new investment fund with properties in San Jose and in the Seattle area, according to...

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. “It’s our opinion...

Belltown’s Dimension Building Sells for $144MM

Chicago-based real estate investment management firm Heitman has been named as the buyer of the Dimension apartment building in Seattle’s Belltown area. The 27-story...
Newmark Knight Frank, SECO Development, Renton, Hyatt Regency, Seattle

Hyatt Flags New Hotel in Emerging Renton Neighborhood

By Neil Gonzales Chicago-based Hyatt Hotels Corp. announced on Tuesday that the $197 million hotel being built in South Lake Washington by Renton’s SECO Development...

McNellis: Doing it on the Side

Making it in Real Estate Part Two: Doing it on the Side (Moonlighting) Are we in the wrong business? On the “Best Jobs in America” lists,...
TH Real Estate, Nuveen, Seattle, Puget Sound, BioMed Realty, Bay Area, San Francisco,

Seattle Arena Gains Design Approval, Street Closure Recommendation

By Nancy Amdur A proposed sports arena for Seattle cleared two significant hurdles this month, gaining unanimous approval for the project from both the city’s...

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