Finance
First Interstate Bank Lists 100,000 SQFT J.K. Gill Building in Portland for ~$6MM
By Kate Snyder A vacant Portland office building in the city’s Central Business District has hit the market after failing to sell at...
65,000 SQFT Lake Union Center Office Property in Seattle Refinanced for $6.2MM
Life Company Financing for 100% Leased, Class A Office Asset at High-Barrier-to-Entry, Lake Fronting Location Demonstrates Qualifying Attributes for Office Properties; Gantry’s Production...
Caisse de Dépôt et Placement du Québec Navigates Market Challenges And Continues to Grow the Portfolio
In a remarkable display of strategic agility, the Caisse de dépôt et placement du Québec (CDPQ) reported a 7.2 percent return in 2023,...
12,000 SQFT Industrial Property in Renton Trades for $2.3MM
RENTON, WA, February 26, 2024 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing,...
Washington’s Effort to Curb Rent Hikes Stalls in Senate Committee
In a recent turn of events that underscores the complexities of housing policy, a legislative proposal to cap annual rent increases in Washington...
Veritas Investments Buys Two Seattle Residential Buildings Totaling 58 Units for $18MM
By Kate Snyder A real estate firm that has faced financial challenges in California has made a purchase in Seattle recently. An entity...
George Smith Partners Expands into C-PACE Lending with Clearwater Capital Acquisition
In a strategic move to enhance its presence in the commercial real estate finance sector, Los Angeles-based George Smith Partners (GSP) has recently...
Umpqua Bank Lists Two Portland Office Properties for Sale with $14.5MM Total Asking Price
By Kate Snyder Portland could soon see more sales transactions in its office market with the recent listing of two properties. The two...
Hudson Pacific Fourth Quarter Results Indicate Steady Progress Amid Market Challenges
As the corporate world navigates a landscape shaped by evolving trends and economic uncertainties, Hudson Pacific’s latest results for the fourth quarter of...
CNBC: Ares Management CEO Arougheti Sees the Worst of the Higher Interest Rates Behind Us
Michael Arougheti, Ares Management president and CEO, joins ‘Money Movers’ to discuss how borrowers are absorbing the environment’s higher rates, stress in the...
Portfolio of 623 Units Across Four Properties Enters Bankruptcy Proceedings in Seattle/Tacoma Multi-Family Market
Keen-Summit Capital Partners LLC Retained by Harbor Custom Development as part of their Bankruptcy Proceeding SEATTLE, Feb. 21, 2024 — A major investment opportunity in...
Sagard Real Estate Affiliate Sells 46,700 SQFT Warehouse in Kent for $11.7MM
By Kate Snyder Kent Valley’s industrial market continues to see sales transactions. A warehouse in Kent traded hands recently for $11.7 million, or...
