Finance
King County Housing Authority Announces Groundbreaking on 154-Unit Trailhead Apartments in Issaquah
Nearly a decade after the city first solicited proposals for the site, the King County Housing Authority has started construction on an eight-story...
Rainbow Terrace to Replace Demolished Everett Church With All-Affordable Senior Units
Housing Hope’s Rainbow Terrace was one of six projects to share $23 million in Snohomish County housing and behavioral health grants awarded in...
SimonCRE Acquires 92,110 SQFT Island Plaza in Oak Harbor for $12MM
SimonCRE is doubling down on Puget Sound retail, following its 2024 purchase of Spanaway Plaza with the $12 million acquisition of Oak Harbor’s...
Pillar Communities Sells 120-Unit Pine+Minor Apartments in Seattle for $28.4MM
The sale of Pine+Minor marks the first ownership change at the Capitol Hill property since Portland developer Gerding Edlen sold the building roughly...
Lakeside Industries Trades 18-Acre Issaquah Quarry Parcel to Affiliated Entity in $20MM Equity Deal
A 17.71-acre parcel at the heart of Lakeside Industries’ long-running plan to convert its Issaquah quarry into an urban village changed ownership this...
Cowlitz Economic Authority Acquires 3,000 SQFT Paradise Quick Stop in Ridgefield for $13.64MM in Portland Market’s Largest 2Q Retail Sale
The Cowlitz Economic Authority, the economic development arm of the Cowlitz Indian Tribe, paid nearly $13.64 million for a 3,460 square foot fuel...
$11.1MM Loan Secured for 79-Unit Olympia Apartments
Thurston County’s apartment vacancy rate just hit its highest point in a decade, yet a lender was still willing to write a 30-year,...
Unico Properties Puts 181,000 SQFT West Canal Yards Waterfront Campus in Seattle Up for Sale
Seven years after acquiring a weathered industrial parcel on the south bank of the Lake Washington Ship Canal, Unico Properties has hired CBRE...
Newmark Properties Buys 118,000 SQFT Swan Island Industrial Holding in Portland for $16.9MM
Newmark Properties has acquired a two-address, 118,280 square foot industrial holding on Portland’s Swan Island for $16.9 million, a bet on close-in, supply-constrained...
Development Site in Seattle’s Belltown Hits Market with Options Ranging From 140 to 353 Units
A Belltown block occupied by three aging office buildings is testing whether entitlements alone can move a Seattle development site to sale, with...
41-Unit Ellensburg Apartment Complex Trades for $4.5MM
A single-family owner’s plan to sell his 41-unit Campus Village Apartments took two and a half years and a rebuild from fire damage...
Mesirow Financial Fund Acquires 235-Unit Island Square Apartments for $157MM on Mercer Island
Mesirow Financial’s value-add multifamily fund found the discount-to-replacement-cost, barrier-to-entry market its investors were promised on an island that has spent decades limiting new...
