Finance
Angelo Gordon to Expand Acquisition Strategy for Commingled Fund into the Pacific Northwest
By Jon Peterson New York City-based Angelo Gordon & Co. is expecting to expand its geographical presence for its value-add commingled fund series...
DevCo Buys Highland Sports Center in Shoreline for $12.5MM, Plans to Develop 386-Unit Apartment Complex
By Kate Snyder Multifamily continues to be a driving factor for development companies in the Shoreline area. Recently, a multifamily development and investment...
11.6-Acre Industrial Storage Yard in Pacific, Wash., Sells to Zenith IOS for $21.3MM
(EDITOR’S NOTE: According to Pierce County public records, the property sold for $21.3 million.) Seattle, Wash. (October 27, 2022) – An industrial property...
Low Income Housing Institute Pays $22.5MM for 82-Unit Tacoma Apartment Building
By Catherine Sweeney In an effort to provide affordable housing options to those living in the Puget Sound, Low Income Housing Institute (LIHI)...
Silverstein’s 400-Unit Residential Project Planned for Seattle Moves Ahead in Design Review Process
By Catherine Sweeney Silverstein Properties’ 400-unit apartment building is moving forward, following a second recommendation hearing with Seattle’s Downtown Design Review Board. The...
Par 5 Investments Buys 31,765 SQFT Redmond Industrial Property for $14MM
By Kate Snyder With a wide variety of recent real estate activity in Redmond, another sale on the office side shows further that...
Port of Seattle Commission Approves $260MM for Seattle Airport Upgrades
Seattle-Tacoma International Airport (SEA) recently wrapped up improvements to one million square feet of new and upgraded facilities. That was just the beginning....
Pacific Urban Buys 266-Unit Multifamily Community in Sammamish for $114.2MM
By Kate Snyder Gerson Bakar & Associates continues its streak of selling off multifamily communities along the West Coast with the recent sale...
Tacoma Rhodes Center Adds Four Tenants in 17,000 SQFT
October 24, 2022 (Tacoma, WA) – Lee & Associates Commercial Real Estate Services is pleased to have brokered four new leases totaling over...
Dynamic City Capital Acquires Seattle’s Charter Hotel & Helios for $107.8MM
By Kate Snyder A Utah-based firm is expanding its holdings in the Seattle area with the purchase of the Charter Hotel & Helios...
Abacus Capital Spends $92MM on 316-Unit Everett Apartment Community
By Vladimir Bosanac There has been a healthy amount of interest in Everett apartment communities in the last year or so, and a...
Fairfield Residential Sells 144-Unit Columbia Ridge Apartments in Portland for $36.25MM
Portland – October 24, 2022 – CBRE has arranged the $36.25 million ($251,736 per unit) sale of Columbia Ridge Apartments, a 144-unit, garden-style...