Finance
Homebuilder D. R. Horton Buys Six-Acre Property in Federal Way for $14.9MM
By Kate Snyder A homebuilder has made another land purchase in the Puget Sound region. An entity affiliated with D.R. Horton bought a...
Gemdale USA Sells 338-Unit Skyglass in Seattle for $173.8MM
By Kate Snyder A luxury apartment building in Seattle’s South Lake Union traded hands recently. The 338-unit property known as Skyglass was sold...
BearRock Investments Purchases 70,000 SQFT Providence Medical Center Building in Spokane for $5.85MM
Spokane’s Medical Office Vacancy Rates Are Near Three Percent, Representing Some of the Tightest in the Nation Seattle, Wash. – July 30th, 2024...
High Street Residential Closes on Land in Seattle for 244-Unit Multifamily Development
High Street Residential, Trammell Crow Company’s Residential Subsidiary, Will Develop a 244-Unit Apartment Community in Seattle’s Roosevelt Neighborhood High Street Residential (HSR), the...
$17.8MM Refinance Secured for 145-Unit Boxcar Apartments in Seattle
SEATTLE (July 30, 2024) — Managing Director Bob Spiro of Northmarq’s Seattle Debt + Equity team successfully refinanced an existing Fannie Mae loan...
Woodbury Corporation Sells 66,900 SQFT Village at Redmond Ridge in Redmond for $41.1MM
By Kate Snyder A shopping center in Redmond has traded hands in a deal that shows the region’s retail market continues to attract...
Security Properties Sells 124-Unit Woodstone Apartments in Bothell for $35MM
Seattle – July 29, 2024 – CBRE arranged the sale of Woodstone Apartments, a 124-unit apartment community in Bothell, WA, for $34.75 million...
Cabot Properties Buys Two Industrial Buildings in Auburn for $83.1MM
By Kate Snyder Two industrial buildings in Auburn have been purchased, showing that investors continue to be active in the city. The assets,...
22,000 SQFT Fisher’s Landing Plaza in Vancouver, WA Hits the Market for $11MM
Fisher’s Landing Plaza, located at the bustling intersection of 1505 SE 164th Ave & 16415 SE 15th St in Vancouver, WA, is hitting...
Greystar Buys 45,273 SQFT Self-Storage Facility in SeaTac for $10MM, Plans to Develop Multifamily Community
By Kate Snyder A 45,273 square foot self-storage facility in SeaTac traded hands recently in a deal that shows investors continue to flock...
Blackstone Mortgage Trust Slashes Dividend by 24% as Office Loans Pressure Portfolio
In a sign of stress in the commercial real estate sector, Blackstone Mortgage Trust (BXMT) has announced a significant reduction in its dividend....
Opinion: Will Fed Inaction Lead to More of the Same for CRE Investors?
By Brian Hatcher, President & COO of Kidder Mathews With the cost of capital staying put, buyers and sellers must do more to...
