J.P. Morgan Makes $75.9MM Net Fund Equity Investment into Stack House Property
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
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...
Pearlmark Plans to Target Seattle for New Mezzanine Fund
By Jon Peterson
Chicago-based Pearlmark Real Estate is planning on seeking out investment opportunities in San Francisco and Seattle for its latest commingled fund, Pearlmark...
Shea Properties to Develop Apartment Project Near Facebook’s Campus
Aliso Viejo, Calif. -based Shea Properties closed on a site in Seattle earlier this month that is a block west of the Lake Union...
TIAA-CREF Adds to Seattle Portfolio with Apartment and Retail Deals
By Jon Peterson
New York City-based TIAA-CREF has increased its real estate exposure in the Seattle region with apartment and retail acquisitions.
Rich Kimble, senior director...
Following KKR Infusion, Drawbridge to Seek Opportunities in Seattle
By Jon Peterson
San Francisco-based Drawbridge Realty is now interested in buying properties in Seattle, following last week’s announcement of recapitalization by New York City-based...
Deutsche Management Buys Office Building in Pioneer Square for $34MM
By Jon Peterson
New York City-based Deutsche Asset & Wealth Management has paid $34 million or $465 per square foot to buy the 73,000 square...
Los Angeles Pension Fund Doubles the Value on the Sale of Apartment in Renton
By Jon Peterson
The Los Angeles County Employees Retirement Association has sold the 288-unit Pebble Cove Apartments in Renton for $49.5 million, or $171,875 per...
Empty Lenora in Seattle Snatched Up for $40MM
CWS Capital Partners is the reported buyer of the empty Lenora apartment building in downtown Seattle, according to Puget Sound Business Journal. The six-story...
Bentall Kennedy to Have Single Owner, Continue to Target Seattle Investments
By Jon Peterson
Toronto-based Bentall Kenndy Group is now planning to be owned by a single institutional capital source with yesterday’s announcement of its planned...
