Finance

4835 Articles

Eight-Unit Spokane Apartment Complex Purchased for $1.2MM

Seattle, Wash. (July 19, 2023) – Max Frame of the Simon and Anderson Team, a multifamily investment team at Kidder Mathews, represented the...

Waterton Buys 177-Unit Apartment Complex in Portland for $52MM

Pearl District Property Boasts Abundant Amenities and Access to Vibrant Employment Hubs (Editor’s Note: Multnomah County public records show that an entity affiliated...

Commercial Real Estate Lending Declined in June for First Time in Two Years, But Experts Showed Modest Confidence for Near Term

By The Registry Staff Last month, commercial real estate lending experienced a decline for the first time in two years, reflecting the impact...

Unico Properties Faces Loan Default Related to Historic Colman Building in Seattle

By The Registry Staff Office-to-apartment conversions seem to carry a positive political message in light of the vacant office space across many central...

Wells Fargo and JP Morgan Increase Provisions for Potential Commercial Real Estate Losses

By The Registry Staff JP Morgan Chase (JPM.N) and Wells Fargo (WFC.N) announced on Friday that they have increased their provisions for potential...

Moody’s Downgrades Hudson Pacific’s Preferred Stock in Response to Ongoing Screenwriters’ Strike

By The Registry Staff Moody’s recently downgraded the credit rating of Hudson Pacific Properties, adding more pressure to the firm’s studio operations just...

Maverick Gaming Buys Casino in Silverdale, Sells Building for $7MM

By The Registry StaffMaverick Gaming has expanded its collection of casinos by acquiring All Star Lanes & Casino in Silverdale. The purchase involved...

Lincoln Property Company Announces Joint Venture with Paragon Commercial Group to Drive West Coast Retail Investment Strategy

DALLAS — Lincoln Property Company (“Lincoln”), a global, full-service real estate firm, announced today the formation of a joint venture with retail investment...

Richmond American Homes Buys Multiple Parcels of Vacant Land in Bonney Lake for $10MM

By Kate Snyder More of the Puget Sound region’s vacant land has been snapped up with a recent sales transaction involving multiple parcels...

Cooper Street Capital Sells 97-Unit Regal Ridge Multifamily Community in Spokane for $21.5MM

SPOKANE, Wash., July 11, 2023 – Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the sale of...

Lennar Buys Multiple Lots at Legacy at Canyon Creek in Bothell for $30.5MM

By Kate Snyder Another homebuilder has snapped up land in the Puget Sound area. An entity affiliated with Lennar Corporation’s Seattle division recently...

141-Unit Avenue Estates Sets New Record With $14.4MM Penthouse Sale in Downtown Bellevue

BELLEVUE, Wash.– Avenue, a premier luxury development located in downtown Bellevue, has seen a busy spring signing. Interest remains high for Bellevue’s newest...

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