Finance
Wells Fargo Forecasts Modest Housing Recovery in 2026, but Affordability Remains at Historic Lows
A new Wells Fargo Economics report projects incremental gains in home sales and price appreciation, even as the national home price-to-income ratio remains...
Steel Peak Properties and Tarsadia Investments Target $500MM IOS Portfolio Across Western U.S.
The Encinitas-based firm, founded just two years ago by former brokers, has already acquired 11 properties and is now scaling rapidly with institutional...
70,000 SQFT Brierwood Park Hits Market as 300-Unit Multifamily Redevelopment Opportunity in Bellevue’s Surging Wilburton Corridor
Land site with two vacant office buildings hits the market as developers race to capitalize on the city’s landmark transit-oriented rezoning Cushman &...
Tourmaline Capital Acquires 43,000 SQFT Harvard Market Shopping Center in Seattle for $14.2MM
The value-add acquisition of the 55 percent-leased retail center on Broadway closes at a 15 percent discount to the sellers’ 2007 purchase price...
Sculptor Capital Acquires 506-Room Portland Marriott Downtown Waterfront for $30MM in Distressed Sale
The landmark waterfront hotel at 1401 S.W. Naito Parkway traded at approximately $59,300 per room — a 64 percent discount from its $82.7...
44-Unit LaScala Apartments in Beaverton Listed for Sale With Assumable $7.48MM Loan at 3.61%
Mixed-use property in downtown Beaverton combines retail income, below-market rents, and fixed-rate financing through 2032 In a market where investors are weighing income...
Wells Fargo Forecasts Sharp February Payroll Slowdown as January Jobs Surge Fades
The blockbuster January jobs number was likely a mirage, per the assessment of economists at Wells Fargo Economics, who are projecting nonfarm payroll...
West State Motorsport Buys 11,900 SQFT Showroom and Service Facility in Auburn for $3.75MM
(Editor’s Note: According to a report from the Puget Sound Business Journal, the sales price was $3.75 million, or approximately $315 per square...
Sound Commercial Investment Holdings Acquires PNRI’s 45,000-SQFT First Hill Lab Facility at 720 Broadway in Seattle for $6.5MM
Nonprofit biomedical research institute sells longtime headquarters at a steep discount to assessed value, plans to lease back the building to preserve research...
Portland Startup Hub UpStart Collective Consolidates into Big Pink Tower
The coworking group for early-stage founders bets on downtown Portland’s recovery by moving into the fifth floor of U.S. Bancorp Tower, taking over...
Bellingham’s 148-Unit Sunset Pond Apartments Trades for $27.5MM
The four-story community on Woodstock Way, built in the mid-1990s and situated on nearly seven acres, sold at approximately $186,000 per unit in...
Half-Acre Former Martin Selig Property in Seattle’s Lower Queen Anne Sells for $4MM
(Editor’s Note: According to King County public records, the sales price for the lot was $4 million.) Seattle, WA – March 2, 2026...
