Blackstone Buys 20 Eastside Properties for $208MM

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Blackstone is the reported buyer of a portfolio of office buildings across the Eastside area, mainly in Redmond and Bothell. The purchase follows an...

2201 Westlake Sells for Record $251MM

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Glendale, Calif. -based American Realty Advisors and its partners are the new owners of 2201 Westlake office building in downtown Seattle, and they paid a record...
1933 Fifth Avenue Seattle real estate The Registry

Seattle Hotel Market Showing Strong Performance and Attracting New Capital Sources

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By Jon Peterson The Seattle hotel market is showing off a very strong performance and is attracting new investment players in the region. There are now...

TIAA-CREF and Holland Earn 4% Cap Rate on Sale of Premiere on the Pine

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By Jon Peterson New York City-based TIAA-CREF and Vancouver, Wash.-based Holland Partner Group traded the 386-unit Premiere on the Pine apartment complex at around a...

Record Price in Seattle’s University District for Unpermitted 65 Foot Zoned Land

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By Jon Peterson There has been a new record price established in Seattle for unpermitted 65 foot zoned land in the University District with the...

Grosvenor Sells Redmond Apartment for $43MM

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By Jon Peterson Grosvenor Americas has sold the Peloton Apartments in Redmond for $43 million to San Mateo, Calif.-based G.W. Williams Co. The buyer of...

Sequoia Equities Expands into Seattle Apartment Market with $93MM Buy

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By Jon Peterson Walnut Creek, Calif.-based Sequoia Equities makes its first apartment deal in the Seattle market with the $93 million acquisition of the 351-unit...
John McNellis, McNellis Partners, Safeway, Cerebrus Capital, Silicon Valley, Palo Alto, retail, private equity, layoffs, operational efficiency

McNellis: In Praise of Inefficiency

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By John McNellis A lender on one of our projects wrote last week, demanding we post an $800,000 letter of credit to further secure its...

J.P. Morgan Makes $75.9MM Net Fund Equity Investment into Stack House Property

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By Jon Peterson The J.P. Morgan Strategic Property Fund has made a $75.9 million net fund equity investment into the Stack House mixed-use property in...

Waterton Pays $20.2MM for Apartment Complex in Lynwood

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By Jon Peterson Chicago-based Waterton Associates has paid $20.2 million or $130,000 per unit late last year to acquire the 155-unit Martha Lake apartment complex...

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Truebeck Begins Work on First Portland Affordable Housing Project to Use Cross-Laminated Timber

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Portland, OR – Truebeck, an industry-leading commercial general contractor, is pleased to announce the beginning of construction on The Annex Apartments-Affordable Housing project in...

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