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Seattle Construction Costs Rising at One-Third the National Rate in Q1 2026
Mortenson’s Q1 2026 Cost Index reveals a market where contractor competition is doing what supply chains alone cannot — keeping a lid on...
Downtown Seattle Association Report Blames JumpStart Payroll Tax for Downtown’s Decline as Backers Defend $388MM Revenue Engine
A new Downtown Seattle Association report argues that Seattle’s five-year-old JumpStart payroll tax has helped push jobs, employers and office value across Lake...
Sound Transit Defers Ballard Light Rail Indefinitely as $35 Billion Shortfall Reshapes ST3 Buildout
Sound Transit’s board has adopted a sweeping realignment of its voter-approved 2016 expansion plan, protecting the Everett-to-Tacoma spine while indefinitely deferring the Ballard...
Goldman Sachs Teams With Apex, Archax on Blockchain-Native Fund Targeting European Residential Real Estate
Goldman Sachs has joined forces with fund servicing giant Apex Group, digital securities exchange Archax, London-based investment manager LRC Group and interoperability provider...
Seattle Light Rail Tops U.S. Ridership in April as East Link Opening Reshapes Eastside Development Map
Sound Transit’s light rail network carried more riders in April than any other light rail system in the country, a record run that...
Lennar Trims Buyer Incentives for First Time in Three Years as Tech Job Jitters, Data Center Boom Reshape Northwest Housing Math
Lennar’s second-quarter results showed sales incentives falling for the first time in three years, a tentative sign of margin recovery that arrives as...
Goldman Sachs Strategist Warns Drained Oil Inventories Will Keep Prices Elevated Long After Hormuz Reopens
A sharp drawdown in global oil inventories has left the market without its usual shock absorber, and Goldman Sachs strategist Ephraim Sutherland says...
Wells Fargo: Fed Poised for Extended Hold as Warsh Era Opens Amid Sticky Inflation
Wells Fargo economists expect the Federal Reserve to sit on the sidelines for an extended period as new Chair Kevin Warsh takes the...
National Lab Market Turns the Corner, But Seattle Risks Being Left Behind in Uneven Recovery
The U.S. life sciences real estate market has finally bottomed out after four years of turbulence, according to JLL’s new national lab report,...
CalPERS Deploys $2.95B Across Real Estate and Infrastructure, Anchored by $2B Top-Up to GIP Redwood Platform
The California Public Employees’ Retirement System has approved nearly $3 billion in new real assets commitments, concentrating the bulk of its firepower on...
Port of Seattle Opens $399MM, 145,000 SQFT C Concourse Expansion at SEA Airport, Built Up Rather Than Out
Facing one of the most space-constrained footprints of any major U.S. airport, the Port of Seattle has opened a vertical, four-story C Concourse...
Infill Retail and Grocery Owners Land EV Fast-Charging Leases the Big REITs Can’t Reach
A surge of letters of intent for DC fast charging is flowing to single-property and small-portfolio retail and grocery owners in high-adoption markets,...
