Empty Lenora in Seattle Snatched Up for $40MM

CWS Capital Partners is the reported buyer of the empty Lenora apartment building in downtown Seattle, according to Puget Sound Business Journal. The six-story...

Bentall Kennedy to Have Single Owner, Continue to Target Seattle Investments

By Jon Peterson Toronto-based Bentall Kenndy Group is now planning to be owned by a single institutional capital source with yesterday’s announcement of its planned...

Principal Green Fund Invests in New Project in South Lake Union

By Jon Peterson Des Moines, Iowa-based Principal Real Estate Investors has made an equity investment in a new office development in South Lake Union for...

Kennedy Wilson Adds Major Exposure to Seattle with $78MM Investment in Vintage Housing Holdings

By Jon Peterson Los Angeles-based Kennedy Wilson has made a major increase to its holdings in Seattle with a $78 million equity investment in Newport...

Greystar Expands Seattle Presence with $128MM Kirkland Apartment Buy

By Jon Peterson Charlestown, S.C.-based Greystar has bought its first apartment property ever in the Kirkland market with the acquisition of the 496-unit Resort at...

UDR Plans for Higher Cap Rates by Buying Apartments Still in Development

By Jon Peterson Denver-based UDR will be able to achieve cap rates that are 50 to 125 basis points higher by buying apartments in Seattle...
San Francisco, Bay Area, Seattle, Castle Lanterra Properties, Kidder Mathews, RentCafe, Oakland, CLP, Austin, Denver, Everett, Housing

CalSTRS’ New Single-family Commitments to Target Seattle

By Jon Peterson California State Teachers Retirement System has approved $150 million worth of new commitments in real estate targeting single-family investment opportunities. These two...

Seattle’s Waterfront Maritime Building Sold for $13MM

Beacon Capital Partners, a Boston-based real estate investment company, is the reported buyer of the 911 Western Avenue building in Seattle for $13.1 million. The...

PCCP Pays $39MM for Office Building in Bellevue

By Jon Peterson Los Angeles-based PCCP and San Francisco-based Align Real Estate have come together to pay $39 million or $356 per square foot to...

SARES REGIS Includes Seattle as Targeted Market for New Apartment Fund

By Jon Peterson Irvine, Calif.-based SARES REGIS Group will have Seattle as one of its targeted markets for its new apartment investment fund, SARES REGIS...

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