Finance
CalSTRS CIO Christopher J. Ailman Announces Retirement After 20 Years of Service
WEST SACRAMENTO, Calif. (January 11, 2024) – Christopher Ailman, chief investment officer of the California State Teachers’ Retirement System, announced his retirement at...
D.R. Horton Buys Multiple Parcels of Undeveloped Land in Renton for $17MM
By Kate Snyder A swath of vacant land in the Puget Sound region that previously traded hands last year has been sold again....
Two Industrial Buildings Totaling 67,000 SQFT in Troutdale, Ore., Trade for $12.45MM
(Editor’s Note: According to public records, the buyer is an entity affiliated with Wood Village, Ore.,-based Nikolay I Romanyuk.) LNR Holding, LLC recently completed...
Avison Young Expands Retail Platform in 10 Major Markets Across the U.S. Firm Acquires Full Retail Services from Madison Marquette
Chicago, IL – Avison Young has signed a venture agreement to acquire Madison Marquette’s retail property management, retail marketing, retail leasing and specialty...
Anchor Health Properties Buys Ground Lease for 44,000 SQFT Auburn Regional Medical Plaza for $20MM
By Kate Snyder A ground lease for a medical building in Auburn traded hands in a recent transaction. An entity affiliated with Anchor...
Prestige Equity Partners Sells 28-Unit Townhome Asset in North Puget Sound for $7.5MM
The beautiful Nicholas Townhomes community trades in off-market 1031 Exchange deal Cushman & Wakefield also brokers recent sale of new boutique 29-unit apartment/mixed-use...
Merit Hill Capital Buys 83,000 SQFT Self-Storage Property in Federal Way for $10.6MM
By Kate Snyder A self-storage facility in Federal Way traded hands recently in a transaction that shows the region’s industrial market continues to...
10,500 SQFT Gas Station, Retail Property in Lake Stevens Traded for $15.8MM
By Kate Snyder Snohomish County is continuing to see attention from investors with the recent sale of a retail property in Lake Stevens....
CapRock Partners Buys 160,000 SQFT Industrial Property in Woodinville for $34.2MM
By Kate Snyder The Puget Sound region’s industrial market is continuing to attract investors with the recent sale of a warehouse in Woodinville....
Toll Brothers Buys Portion of 24-Acre Undeveloped Land Parcel in Black Diamond for $15MM
By Kate Snyder A homebuilder is once again making land purchases in the Puget Sound region. Toll Brothers, Inc., bought a portion of...
The Brewing Storm in US Banking: CRE Challenges and Interest Rate Shifts
In the dynamic world of finance, the interplay between monetary policy and market realities often writes the script of economic outcomes. Recent developments...
Morningstar’s 2024 Real Estate Forecast: Prospects and Picks
The Morningstar US Real Estate Index faced a challenging year in 2023, with an 11.1 percent gain over the trailing 12 months, trailing...
