Finance
Bell Partners Plans $1B Raise for Apartment Fund with San Francisco, Los Angeles and Seattle as Prospective Markets
By Jon Peterson Greensboro, North Carolina-based Bell Partners is seeking a $1 billion capital raise for its newest commingled fund, which will have...
LIHI Purchases 71-Unit Apartment Building in Seattle for $21MM
By Kate Snyder As part of a plan that was announced last year to combat homelessness in Seattle, the Low Income Housing Institute...
evolution Projects Receives $109MM in Financing for 120,200 SQFT Seattle Office Development
SEATTLE – November 28, 2022 – JLL Capital Markets announced today that it has arranged $109 million in construction financing for the development...
190,768 SQFT Seaway Ridge in Everett Refinanced for $8.3MM
SEATTLE, WASHINGTON (October 26, 2022) – Scott Moline, vice president and Bob Spiro, senior vice president/managing director of Northmarq’s Seattle office successfully arranged...
GSC Investments Buys 132-Unit Martha Lake Mobile Manor in Lynnwood for $18.3MM
By Kate Snyder Lynnwood continues to be a place of steady sales activity. One recent transaction in the city’s Martha Lake district was...
99-Unit Holiday Inn Express & Suites Everett Sold to EKOB Inc. for $17MM
By Kate Snyder Sales activity in Everett does not appear to be slowing down. One recent deal was the sale of the Holiday...
Security Properties Acquires Toscana Apartment Homes for $124MM in Lacey
(Editor’s Note: According to Thurston County public records, the property sold for $124 million, or about $315,521 per unit.) SEATTLE — On October...
Report: Consumers’ Holiday Shopping Budgets to Overall Remain in Line with 2021
By Kate Snyder As the holiday season gets into full swing, experts are anticipating that American consumers generally plan to keep their holiday...
Pacific Urban Receives $821MM Allocation from CalPERS for Apartment Fund
By Jon Peterson & Vladimir Bosanac Aside from the industrial and life science commercial real estate markets, which over the last two years...
Sterling Realty Organization Sells 138,665 SQFT Alderwood Business Campus in Lynnwood for $27.1MM
By Kate Snyder Sterling Realty Organization has sold off another property in Lynnwood. According to Snohomish County public records, the company recently sold...
CalPERS Awards DivcoWest a $673MM Allocation for Life Science Partnership
By Jon Peterson The life science sector is maintaining interest from institutional investors late into this cycle. One of the largest, the California...
82,610 SQFT Jackson Creek Shopping Center in Medford Listed for $6.5MM
MEDFORD, Ore., Nov. 15, 2022 – Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the exclusive listing...