Carey Watermark Acquires Seattle Marriott Bellevue

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

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

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

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

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

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

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

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

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

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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Jessica Carps Skyline Construction San Francisco Bay Area Seattle San Diego Chicago Austin

A Conversation with Skyline’s CEO Jessica Carps

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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