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Washington Tops the West Coast and Lands 4th Nationally in Resident Income, New Study Finds

Washington outranks both California and Oregon to claim the highest resident income on the West Coast and the fourth-highest in the country, according...

Construction Lenders Confront a Shifting Risk Map in 2026 as Data Center Race, PFAS Liability and Permitting Delays Reshape Underwriting

Construction risk has not disappeared from the lending landscape heading into 2026—it has migrated into new territory, from the breakneck data center buildout...

Seattle Cracks Top Five U.S. Downtowns for Stickiness as Portland Lags on Vibrancy, Gensler Finds

Seattle landed among the five most magnetic downtowns in the United States in Gensler’s latest global study of urban experience, even as neighboring...

Portland Construction Costs Rise Just 0.86 Percent in Q1 2026 as Market Trails National Escalation

Portland’s nonresidential construction costs increased a modest 0.86 percent in the first quarter of 2026 and 2.55 percent year-over-year—the slowest annual escalation among...

Trade Partners Cut Fees to Win Work as Seattle Construction Costs Rise Just 0.56 Percent in Q1 2026

Seattle nonresidential construction costs rose just 0.56 percent in the first quarter of 2026—the smallest quarterly increase among the eight metropolitan markets Mortenson...

City Study Pegged Moda Center Needs at $505MM as Trail Blazers Seek $600MM in Public Funds

A city-commissioned facility assessment found the Moda Center needs $505 million over 20 years to remain operable, well below the $600 million public...

Cresa Portland Adds BC Group in Push to Build One-Stop Advisory Platform

The merger folds the 22-year-old development and construction management firm into Cresa’s Portland office, extending an acquisition streak aimed at occupier clients across...

Bridge Debt Moves From Stopgap to Primary Structure as $875B in CRE Loans Mature 

With permanent lenders selective and $875 billion in commercial mortgages coming due, sponsors are routing transitional deals to debt funds offering speed, flexibility...

Seattle-Area Housing Inventory Swells to 2026 High as Prices Hold Steady

NWMLS data show active listings across Washington jumped 16.8 percent year over year in May while King County’s median price held at $875,000,...

Mass Timber Emerges as Embodied-Carbon Fix for Data Centers, Cutting Footprint Up to 60%

Engineers from Thornton Tomasetti and Gensler make the case that hybrid mass timber can slash data center embodied carbon and compress schedules without...

SMPS Seattle Announces 2026 Reign Awards Winners

SMPS Seattle members gathered on May 21 at SoDo Park to celebrate excellence in marketing and outstanding achievements of our regional A/E/C marketing professionals....

Shoreline Bets on Park District Workaround to Land $100MM Aquatic Center

After two failed bond attempts, Shoreline lawmakers are routing a 48,000-SQFT indoor pool to voters through a Metropolitan Park District that needs only...

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