Finance
Charlie Munger Sees American Banks Exposed to Real Estate Loans
By The Registry Staff Charlie Munger, billionaire investor and vice-chair of Berkshire Hathaway, has warned of a potential storm brewing in the US...
Thayer Manca Buys 75-Unit Apartment Complex in Seattle for $13.2MM
By Kate Snyder Seattle’s Pinehurst neighborhood continues to attract investors in its multifamily market with the recent sale of an apartment complex. The...
128,000 SQFT Two-Building Office Property in Portland’s Cascade Station Listed for Sale
By Kate Snyder Two buildings in Portland’s mixed-use Cascade Station development have been put on the market for sale. Marketing information from JLL,...
17-Unit Apartment Portfolio in Spokane Sells for $2.6MM
SPOKANE, WA, April 25, 2023 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing,...
Pioneer Human Services Sells 41-Unit Spokane Apartment Complex for $1MM
Seattle, Wash. (April 25, 2023) – Max Frame of the Simon and Anderson Team, a multifamily investment team at Kidder Mathews, sold the...
Office-Focused REITs Face Analyst Scrutiny, And Some Are Downgraded
By The Registry Staff The commercial real estate market, particularly the office-focused sector, is facing increased scrutiny in the wake of the pandemic-induced...
US Banks Worry Commercial Real Estate Valuations May Pose Broader Economic Consequences
By Vladimir Bosanac US banks are growing increasingly concerned about the drop in commercial property valuations and the possible risk to lenders’ balance...
Barcelo Homes Sells 131-Unit Apartment Building in Tacoma for $35.4MM
By Kate Snyder A newly constructed residential building in Tacoma traded hands recently, showing that outside Seattle, the Puget Sound’s multifamily market is...
Study: US Warehouses Present an Untapped Solar Energy-Generating Potential, Could Make Sector More Important for US Economy
By The Registry Staff Solar energy is gaining momentum in the United States as it continues to become cheaper and more efficient. The...
Blackstone’s Real Estate Holdings A Major Drag on Company’s Profitability
By The Registry Staff Blackstone Group, the world’s largest commercial landlord, announced a decline in earnings from its real estate business for the...
CalSTRS Preparing for Real Estate Write-Downs As Economic Outlook Remains Uncertain
By The Registry Staff The California State Teachers’ Retirement System (CalSTRS), one of the largest public pension plans in the US, is preparing...
Inspired Healthcare Capital Purchases 119-Unit Crescent Park in Eugene for $35MM
EUGENE, Ore. – April 20, 2023 – Cushman & Wakefield announced today that the real estate services firm has arranged the sale of...