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...
Knol Apartments in Kent, Washington, Trades for $44.5MM
(EDITOR’S NOTE: According to public records filed with King County, the seller of the property was Seattle-based Goodman Real Estate. The buyer was an...
Equity Residential Buys Notch Apartments in Newcastle for $48.9MM
By Meghan Hall
National real estate investment trust (REIT) Equity Residential has purchased a recently constructed residential complex in the growing suburb of Newcastle, just...
King County Purchases Downtown Health Center and COVID-19 Testing Site for $15.5MM
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By Meghan Hall
As the coronavirus pandemic continues, King County has worked to add clinics and testing sites to its arsenal. According to public...
National Housing Prices Continue to Appreciate, with First-Time Buyers Leading the Charge
By Meghan Hall
In what has been deemed an unlikely bright spot in today’s economy, the national housing market continues to see tremendous growth. Homes...
Swift Places Overlake 520 in Bellevue up for Sale with Potential Pricing in the...
By Jon Peterson
San Francisco-based Swift Real Estate Partners has placed on the market for sale the 146,093 square foot two-building Overlake 520 office asset...
