Carey Watermark Acquires Seattle Marriott Bellevue

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By Kristin Bentley In its first venture into the Seattle market, a private REIT has acquired the Seattle Marriott Bellevue, a 17-story, state-of the art...

MetLife Uses Core Opened-Ended Fund to Buy Seattle Asset

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By Jon Peterson New York City-based MetLife used its MetLife Core Property Fund as its capital source for the $129.4 million acquisition of Alley 24...
CalAtlantic Homes, Seattle, Puget Sound, Oakpointe Communities, CalAtlantic Group

Bixby Land Gets 5.6 Percent Cap rate on First Deal in Seattle

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By Jon Peterson Newport Beach, Calif.-based Bixby Land Company has produced a 5.6 percent cap rate on the company’s first ever industrial transaction in the...

MIG Buys First Apartment Building in the Seattle Market for $46MM

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By Jon Peterson Newport Beach, Calif.-based MIG Real Estate has made its $46.6 million purchase of the 274-unit Berkshire Apartments located at 1300 Eagle Drive...
Black Creek Group, Denver, J.P. Morgan Asset Management, J.P. Morgan Global Alternatives, North America

Clise Properties to Deliver New $284MM Apartment Development in Seattle

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By Jon Peterson Seattle-based Clise Properties is developing the 450-unit 2202 8th Avenue apartment project in the South Lake Union sub-market of Seattle. The total...

First Hill Medical Office Building Sells for Record $199MM

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In another record-breaking Seattle transaction of $199 million, or $884 per square foot, First Hill Medical Pavilion was purchased by Chicago-based Heitman, a multi-national...

Swift Pays $18.25MM for Office Building in Bellevue

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By Jon Peterson San Francisco-based Swift Real Estate Partners has purchased the 68,000 Gateway Two office building in Bellevue for $18.25 million or $267 per...

Sonnenblick-Eichner Arranges $65.2MM in Financing for Two Hotels in Seattle

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By Jon Peterson Beverly Hills, Calif.-based Sonnenblick-Eichner Company has attracted $65.2 million of debt financing for two extended stay hotels in the Seattle market. The...

Cabot Buys Industrial Property in Federal Way for $7.6MM

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By Jon Peterson Boston-based Cabot Properties has paid $7.6 million to acquire the 73,498 square foot Federal Way Corporate Center in Federal Way. The industrial...

Florida Pension Fund Buys Two Apartment Buildings in Seattle for $154MM

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By Jon Peterson Tallahassee, Fla.-based State Board of Administration of Florida has acquired two apartment complexes in Seattle for a total investment of $154 million,...

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A Conversation with Skyline’s CEO Jessica Carps

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Jessica Carps was named the CEO and member of the Board of Directors of Skyline Construction in 2021. She is the first female leader...

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