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DivcoWest Starts a $1.5 Billion Capital Raise for New Commingled Fund

By Jon Peterson San Francisco-based DivcoWest Properties has just started the capital raising process for its next commingled fund, the $1.5 billion DivcoWest Fund V,...

Invesco Buys Seattle’s 1101 Westlake for $67.4MM

The investment management firm Invesco has been named as the buyer of the 1101 Westlake project for $67.4 million. The six-story 150,000-square-foot office project...

Heitman to Earn Low Four Cap Rate on Dimension Acquisition

By Jon Peterson Chicago-based Heitman will be achieving a 4.2 percent cap rate on its purchase of the 298-unit Dimension by Alta apartment complex in...
Technology, HomeUnion, Puget Sound, Downtown Seattle

Berkshire To Seed New Investment Fund with Assets in San Jose and Seattle

By Jon Peterson Boston-based The Berkshire Group has seeded its new investment fund with properties in San Jose and in the Seattle area, according to...

TruAmerica Buys Four Assets in Seattle for $121MM

By Jon Peterson Los Angeles-based TruAmerica Multifamily has acquired four apartment properties in the Seattle area for $121.45 million or $151,000 per unit. This comes...

Waterton Pays $80MM for Apartment in Mountlake Terrace

By Jon Peterson Chicago-based Waterton Associates has paid $80.5 million or $157,000 per unit to buy the 512-unit Taluswood Apartments in Mountlake Terrace, according to...

TruAmerica Pays $36MM to Buy Apartment in Renton

By Jon Peterson Los Angeles-based TruAmerica Multifamily paid $36.75 million or $181,000 per unit to buy the 202-unit Windsor Apartment Homes in Renton. “It’s our opinion...

Belltown’s Dimension Building Sells for $144MM

Chicago-based real estate investment management firm Heitman has been named as the buyer of the Dimension apartment building in Seattle’s Belltown area. The 27-story...

Greystar Earns Low to Mid Four Cap Rates on Two Apartment Deals in Fremont

By Jon Peterson Charleston, S.C.-based Greystar Real Estate Partners has bought two apartment properties in the Fremont sub-market of Seattle at cap rates between 4.3...

Hyatt Flags New Hotel in Emerging Renton Neighborhood

By Neil Gonzales Chicago-based Hyatt Hotels Corp. announced on Tuesday that the $197 million hotel being built in South Lake Washington by Renton’s SECO Development...

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