Finance
$5.8MM Bridge Loan Secured for 14-Acre Dundee Hills Resort
Bridge Loan Retires Brand-New Luxury RV Resort’s Construction Loan Dundee, OR—March 21, 2024—Avatar Financial Group LLC (“Avatar”), a Seattle, WA-based national hard money...
Ste. Michelle Wine Estates Sells Winery Patz & Hall in Sonoma Back to Founder
By The Registry Staff A Pacific Northwestern winey has sold a wine label in California, the last it owned in the state, according...
16-Unit Apartment Building in Sumner Trades for $3.62MM
SUMNER, WA, March 15, 2024 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing,...
Bellevue Awarded $1.4MM Federal Grant to Improve Traffic Safety
The U.S Department of Transportation Thursday announced a $1.43 million grant for the City of Bellevue to pilot the use of traffic signals...
CNBC: Real Estate Has Not Bottomed Yet, Predicts Fortress Investment Group Co-CEO
Drew McKnight, Fortress Investment Group co-CEO & managing partner, joins ‘Fast Money’ to talk the real estate and banking spaces and why he...
$26MM Lien Filed Against BPM Real Estate Group’s Block 216 Tower in Portland
By The Registry Staff The structure that houses the Ritz-Carlton Portland, Block 216 Tower, has hit a roadblock with the recent filing of...
Bridge Industrial Secures $150MM Mezzanine Loan for 2.5MM SQFT Industrial Project in Tacoma
Los Angeles, CA (March 18, 2024) – Investment funds managed by Mesa West Capital (“MWC”) and Morgan Stanley Real Estate Investing (“MSREI”) have...
8,000 SQFT Gas Station, Retail Asset Trades in Lake Stevens for $11.7MM
By Kate Snyder A retail property traded hands in Lake Stevens in a recent transaction that shows investors continue to be attracted to...
Costco Buys 225,000 SQFT Office Building in Issaquah for $61.8MM
By Kate Snyder An office building traded hands recently in Issaquah, showing that the Puget Sound region’s commercial market continues to draw investment...
The Time to Invest in Real Estate Is Now, Advises Blackstone President Jon Gray
In a recent interview with Bloomberg, Jon Gray, the president and chief operating officer of the Blackstone Group, delivered a clear message to...
The Unbridgeable Gap: Rising Home Prices Outstrip Inflation in the U.S. At Twice The Rate
In the United States, the dream of homeownership is becoming increasingly out of reach for many Americans. The disparity between home price growth...
CalPERS Invests More than $3B into Real Estate Partnerships, Including $750MM to Pacific Urban
By Catherine Sweeney The California Public Employees’ Retirement System (CalPERS) is continuing to invest in its real estate partnerships. A recent quarterly investment...