Finance
Kotek Signs $365MM Bond Bill for Moda Center, Pressures Portland Council on $400MM Share
Oregon’s governor wants the city’s funding commitment locked in by early summer to keep the Trail Blazers tied to the 31-year-old arena through...
Blackstone Mortgage Trust Covers Dividend Third Straight Quarter as Platform Pivots Toward Data Centers and Net Lease
The $19.7 billion CRE lender posted a GAAP net loss but distributable earnings cleared the dividend hurdle, signaling that a portfolio reset built...
Starwood Pulls the Plug on SREIT Redemptions, Slashes Distribution as Non-Traded REIT Reckoning Reaches Its Endgame
Barry Sternlicht’s $22.4 billion fund becomes the last holdout in a sector-wide liquidity crisis, betting that Sunbelt multifamily fundamentals will reward shareholders who...
D.R. Horton Affiliate Acquires Multiple Parcels of Vacant Land in Tacoma for $15.8MM
The nation’s largest homebuilder picks up developable land from Japanese builder Ichijo USA in Pierce County, extending its residential pipeline in the South...
Kirkland Investor Sells 25-Unit Avellino Apartments on Mercer Island for $10.8MM
Mixed-use apartment building trades at $432,000 per unit in rare island transaction, reflecting the scarcity premium that Mercer Island’s constrained multifamily inventory commands...
Private Capital Tightens Grip on Washington Multifamily as Pierce County Heats Up
A Berkadia Q1 2026 report shows mid-market investors driving deal flow, institutional buyers retreating to scale plays, and a coming delivery cliff setting...
Apartment Titans AvalonBay and Equity Residential Eye $50B Merger That Could Redraw US Rental Map
The two largest US apartment REITs are in early-stage talks on a combination that would create a roughly 200,000-unit landlord and reignite REIT...
Spokane Indian Housing Authority Acquires 200-Unit Waterford Apartments in Everett for $53.3MM
The Wellpinit-based tribal housing entity acquired its fourth western Washington apartment complex in under a year, bringing its total deployment to approximately $285...
$220MM Data Center Plan Surfaces on 4.6-Acre Duwamish Site as Seattle Weighs Moratorium
An unnamed developer files plans for a four-story, up-to-320,000-SQFT facility on a former Carlyle cold-storage site, racing ahead of a potential City Hall...
32-Unit The Lime Apartment Complex Trades in Richland for $5.375MM
The 32-unit midcentury apartment complex traded at approximately $168,000 per unit, wrapping up the brokerage team’s multi-asset seller assignment in a Tri-Cities market...
Seattle’s Expense Discipline Pays Off: Essex Cuts Operating Costs 3.4% and Drives 4.9% NOI Growth
The Pacific Northwest delivered Essex Property Trust’s largest expense reduction of any region in Q1 2026, leveraging modest 2.3 percent revenue growth into...
Mennonite Village Closes $86.2MM in Bond Financing for 275-Acre Campus in Albany, Ore.
CHICAGO, IL – APRIL 7, 2026 – Ziegler, a specialty investment bank, is pleased to announce the successful closing of Mennonite Village’s $86,215,000...
