Finance
Employment Cost Index Rises 3.5% Year-Over-Year in Q3, Slowest Growth Since Mid-2021
Quarterly wage and benefit increases moderate to 0.8 percent as labor market cooling reduces pressure on employers to raise compensation The cooling trend...
Hudson Pacific’s Seattle Gamble: Doubling Down as Others Flee
The struggling office REIT is buying out partners and restructuring debt on West Coast towers, betting on a tech recovery that hasn’t arrived...
Federal Reserve Cuts Rates to 3.5%–3.75% as Committee Signals Slower Pace of Easing Ahead
Central bank’s December quarter-point reduction draws three dissents as officials project the policy rate holding at 3.375 percent through 2026 The Federal Reserve...
Open House Westwood Sells 48-Unit Greenlake Terrace Apartments in Seattle for $16.5MM
Seattle, WA – December 10, 2025 – Cushman & Wakefield announced today that the firm has arranged the sale of Greenlake Terrace Apartments,...
Park Hotels to Shed 850-Room DoubleTree Hotel Seattle Airport in Strategic Portfolio Overhaul
REIT exits DoubleTree amid ground lease expiration, broader push to divest underperforming assets Park Hotels & Resorts is walking away from its 850-room...
Goodman Real Estate Sells 142-Unit Pacific Walk Townhomes in Lakewood for $21.5MM
(Editor’s Note: According to Pierce County public records, the seller was an entity affiliated with Goodman Real Estate, and the buyer was a...
Kidder Mathews Selected to Lead Leasing for 1.15MM SQFT Big Pink in Portland
Portland, Oreg. (December 9, 2025) – Kidder Mathews has been selected to lead leasing for Portland’s iconic “Big Pink,” as new ownership embarks...
TMR Investments Acquires 34-Unit Multifamily Property in Seattle for $14.7MM
Remi Apartments sold at $432,300 per unit, 17 percent below 2018 purchase price The Seattle multifamily market is seeing transaction activity as investors...
Shorenstein CEO Sees ‘Generational Buying Opportunity’ in Office Market Recovery
Office Real Estate Stages a Comeback as Investors Return to Once-Shunned Sector After years of distress, the commercial office market is showing signs...
Wyckoff Family Announces Acquisition of Ste. Michelle Wine Estates in Washington
The Wyckoff Family, a third-generation family owner of agribusiness companies based in the Yakima Valley of Eastern Washington, announced today they have acquired...
Seattle Condo Market Shows 2.9% Price Decline as High-Rise Values Buck Trend with 6.8% Gain
Tower properties command $972 per square foot while mid-rise and low-rise buildings experience year-over-year decreases Seattle’s condominium market demonstrates significant variation in performance...
National University of Natural Medicine Acquires 296,000 SQFT Portland Office Complex for $13.8MM
R.L. Woolworth Building transaction marks 86 percent discount from previous sale as vacancy hits record 15.2 percent Portland’s distressed office market is creating...
