Report: Despite COVID-19 West Coast Markets Seeing “Golden Age” of Venture Capital Funding
By Meghan Hall
For some experts, the future health of the national commercial real estate industry is closely tied to levels of venture capital (VC)...
Spring District’s Block 24 Office Building Leased to Facebook Sold to Brookfield for $200MM
Wright Runstad & Company (“Wright Runstad”), Shorenstein Properties (“Shorenstein") and institutional investors advised by J.P. Morgan Global Alternatives (“J.P. Morgan”) today announced the sale...
217-Unit Apartment Complex in Everett Trades for $38.6MM
Evergreen
Everett, WA, May 24,2021 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services,...
Parkview Financial Closes $42MM Construction Loan for 141-Unit Waterfront Project in Camas
Parkview Financial has announced it has provided a $42 million construction loan to Kirkland Development for the construction of The Ledges at Columbia Palisades,...
Kennedy Wilson to Close on Sale of Bellevue’s Eastgate Office Park for $125MM
By Meghan Hall
Just several months after placing a key Bellevue asset on the market, Kennedy Wilson has found a buyer. The developer and owner...
Berkadia Secures $82.4MM in Financing for Senior Housing Facility in Portland
Portland, OR– May 18, 2021– Berkadia Seniors Housing & Healthcare secured $82.4 million in financing for Touchmark in the West Hills, a healthcare facility...
Ares Management Corporation Announces Agreement to Acquire Black Creek Group
LOS ANGELES--Ares Management Corporation (“Ares”) (NYSE: ARES) announced today that a subsidiary of Ares has entered into a definitive agreement to acquire 100% of...
Olympic Towne Center in Gig Harbor Up For Sale, Guidance ~$64MM
By Meghan Hall
A recently developed retail asset known as the Olympic Towne Center has been posted for sale in Gig Harbor, Wash. Completed by...
Puyallup Office Building Trades for $4.7MM
PUYALLUP, WA, May 20, 2021– Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today...
Westland Investors Acquires Tall Oaks Apartments in Suburban Portland for $10.15MM
(EDITOR’S NOTE: The property sold for about $158,594 per unit.)
Continuing its mission to invest in better living, Westland plans to upgrade the 64-unit structure,...