Finance
Macerich Narrows Q3 Loss to $16.7MM as 1,125,000 SQFT Washington Square Anchors Its Oregon Footprint
Macerich narrowed its third-quarter loss to $16.7 million as income at its keeper malls rose 4.7 percent, and its Pacific Northwest exposure, now...
Principal Asset Management Provides $37.9MM Bridge Loan for New Covington Industrial Project
Principal Asset Management has closed a $37.9 million bridge loan on a newly constructed industrial building in Covington, giving an undisclosed owner time...
Macerich’s 2026 Playbook Shows the Mall Market Splitting Into Trophies and Holdouts
Macerich's third-quarter results read like a field guide to the 2026 mall market, with the REIT buying malls again, swapping 6.6 percent mortgage...
22-Suite Eritage Resort and 350-Acre Vineyard Estate in Walla Walla Hits the Market
A small luxury resort in Walla Walla wine country is for sale with about 143.5 acres of planted vineyard. Its owners are offering...
Cleveland-Based Buyer Pays $13MM for 15,000 SQFT Capitol Hill Goodwill Building in Seattle
An Ohio-based investor has paid $13 million, or roughly $873 per square foot, for the century-old building that houses Evergreen Goodwill’s Capitol Hill...
Higher-for-Longer Rates Are Choking Apartment Supply, Setting Up a Multifamily Rent Rebound Before 2030
Federal Reserve rate hikes have cut U.S. apartment construction starts roughly in half while renter demand keeps running hot, a mismatch that rental...
Read Products Interbay Priced at $14MM as 73,000 SQFT Seattle Industrial Site Courts Owner-Users and Developers
Lee & Associates has attached a $14 million asking price to Read Products Interbay, the two-building, 72,606-square-foot industrial holding where 15th Avenue West...
Seattle Voters Back Doubled Transit Tax, Unlocking $138MM a Year for Bus Expansion
Seattle voters are on track to double the city's dedicated transit sales tax to 0.3 percent, approving a 10-year renewal that would raise...
Timberlane Partners Buys 336-Unit Canopy Apartments in Everett for $82.75MM
A Seattle multifamily investor has paid about $246,000 per unit for a renovated garden-style apartment community in south Everett, betting on the city’s...
SITE Centers Agrees to Sell Pearl District’s The Blocks Retail Portfolio in Portland for $18.2MM
SITE Centers has agreed to sell its retail condominium portfolio in Portland’s Pearl District for about $188 per square foot. It is one...
Behar Company, HB Management Secure $131.9MM From Madison Realty Capital and Red Cove for 411-Unit Edmonds Green Apartments
Madison Realty Capital and Red Cove Capital have stacked $131.9 million of senior and mezzanine construction debt behind the Behar Company and HB...
Healthpeak Affiliate Buys Fairwinds Redmond Senior Living Community From Lytle Enterprises for $59MM
An Irvine, California-based entity paid $59 million for Fairwinds Redmond, a 192,403-square-foot independent and assisted living community operated by Leisure Care on Redmond's...
