RISE Properties Trust Acquires the Preserve at Sunnyside Apartments for $28.2MM
Residential Community Purchase Marks 29th Acquisition for RISE
(EDITOR’S NOTE: The property sold for about $261,111 per unit.)
Portland — RISE Properties Trust (“RISE”) a Canadian real estate...
Wright Runstad, Brookfield Strike Another Spring District Deal: GIX Building Trades for $85MM
By Meghan Hall
Brookfield is continuing its prolific investment into Bellevue’s Spring District. In a deal that closed yesterday, June 10th, Brookfield Properties added another...
Small-Scale Apartment Transactions Continue to Dominate Market as Renton Complex Sells for $13MM
By Meghan Hall
Over the past year, while institutional money may has pressed the pause button, smaller private property owners and high-net-worth individuals are continuing...
Report: U.S. Economy Creates “Favorable” CRE Capital Markets Environment
By Meghan Hall
During the height of the coronavirus pandemic, the capital markets and lending sectors came to a halt as investors waited out the...
Westcore Plans $2.6B Expansion of Industrial Portfolio Across Nation
By Jon Peterson
San Diego-based Westcore has received a new $500 million commitment from the Arizona State Retirement System to be used to funnel the growth...
Stockbridge Places 95,000 SQFT North Creek Place Asset in Bothell up for Sale
By Jon Peterson
Atlanta-based Stockbridge has put up for sale the 95,194 square foot North Creek Place office building in Bothell, according to sources familiar with...
Knighthead Funding Provides $20.9MM for Multifamily Community in Tacoma
Greenwich, CT (June 9, 2021) — Knighthead Funding LLC has provided a $20.9 million loan for the construction of an eight-story, 115-unit multifamily building...
Oak Terrace Apartments in Lakewood, Wash., Sell for $10.5MM
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By Meghan Hall
An apartment complex just south of Tacoma and not far from Joint Base Lewis-McChord has traded hands. In a deal that...
Dermody Properties Closes Industrial Fund at $1.1 Billion
We announced the closing of our third commingled fund, the Dermody Properties Industrial Fund III, L.P., (DPIF III), on June 2, 2021.
DPIF III raised...
Principal Places Lincoln Plaza in Bellevue up for Sale with ~$78MM in Pricing Guidance
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By Jon Peterson
Des Moines, Iowa-based Principal Real Estate Investors has decided to put up for sale the 148,652 square foot Lincoln Plaza office property...
