Mayor Durkan Announces up to $11.6 Million in Funding for Homeless Service Providers to...
The City of Seattle expects to invest nearly $150 million in 2020 to support people experiencing homelessness during pandemic
Seattle (September 9, 2020) – Mayor Jenny A. Durkan today announced up...
GI Partners Closes Oversubscribed Inaugural Data Infrastructure Fund At $1.8 Billion in Commitments
SAN FRANCISCO, Sept. 8, 2020 -- GI Partners, a leading private investment firm, today announced the final closing of its inaugural Data Infrastructure Fund, which totaled $1.8 billion in...
Lighthouse for the Blind Sells off Undeveloped Property in Seattle’s Mt. Baker Neighborhood for...
By Meghan Hall
The development and entitlements process can take years, and project teams are taking advantage of a slower market to plan for the...
NorthMarq Completes $37.4MM Refinance of Glacier Run – Phase I in Puyallup
SEATTLE, WASHINGTON – Bob Spiro, managing director and Scott Moline, vice president of NorthMarq’s Seattle office arranged the $37.44 million refinance of Glacier Run...
Small Apartment Sales Continue as Federal Way’s Providence Landing Complex Sells for $11MM
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By Meghan Hall
A number of small-scale apartment deals have closed throughout the Puget Sound in recent weeks, with another transaction in Federal Way,...
PGIM Real Estate Arranges $482MM Fannie Mae Credit Facility for Six Sobrato Multifamily Assets
LOS ANGELES – PGIM Real Estate has arranged a $482 million Fannie Mae credit facility collateralized by six multifamily properties located on the West Coast....
Home Builder Lennar Continues Puget Sound Expansion, Buys Tract of Land South of Puyallup...
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By Meghan Hall
Developers are grabbing tracts of land wherever they can in an effort to get ahead of the region’s development curve. Miami,...
Gantry Arranges Nearly $6MM in Financing for Woodinville, WA Industrial Asset
SEATTLE (September 2, 2020) – Gantry, the largest independent commercial mortgage banking firm in the U.S., secured a $5,570,000 loan for UG216 in Woodinville,...
Granite Awarded $24MM Design-Build Project in Bellingham, Washington
WATSONVILLE, Calif.--Granite (NYSE:GVA) has been awarded a $24 million design-build contract for the Interstate 5 (I-5) and State Route (SR) 11 Padden Creek -...
Two Property Apartment Portfolio in Lake Stevens Trades for $12.75MM
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By Meghan Hall
Investment into multifamily product continues throughout the Puget Sound, even into smaller assets. In a transaction that closed yesterday, the Lake...
