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...
Principal Green Fund Invests in New Project in South Lake Union
By Jon Peterson
Des Moines, Iowa-based Principal Real Estate Investors has made an equity investment in a new office development in South Lake Union for...
Kennedy Wilson Adds Major Exposure to Seattle with $78MM Investment in Vintage Housing Holdings
By Jon Peterson
Los Angeles-based Kennedy Wilson has made a major increase to its holdings in Seattle with a $78 million equity investment in Newport...
Greystar Expands Seattle Presence with $128MM Kirkland Apartment Buy
By Jon Peterson
Charlestown, S.C.-based Greystar has bought its first apartment property ever in the Kirkland market with the acquisition of the 496-unit Resort at...
UDR Plans for Higher Cap Rates by Buying Apartments Still in Development
By Jon Peterson
Denver-based UDR will be able to achieve cap rates that are 50 to 125 basis points higher by buying apartments in Seattle...
CalSTRS’ New Single-family Commitments to Target Seattle
By Jon Peterson
California State Teachers Retirement System has approved $150 million worth of new commitments in real estate targeting single-family investment opportunities. These two...
Seattle’s Waterfront Maritime Building Sold for $13MM
Beacon Capital Partners, a Boston-based real estate investment company, is the reported buyer of the 911 Western Avenue building in Seattle for $13.1 million.
The...
PCCP Pays $39MM for Office Building in Bellevue
By Jon Peterson
Los Angeles-based PCCP and San Francisco-based Align Real Estate have come together to pay $39 million or $356 per square foot to...
SARES REGIS Includes Seattle as Targeted Market for New Apartment Fund
By Jon Peterson
Irvine, Calif.-based SARES REGIS Group will have Seattle as one of its targeted markets for its new apartment investment fund, SARES REGIS...
Walton Street Buys Seattle Redevelopment Site for Opportunity Fund
By Jon Peterson
Chicago-based Walton Street Capital has paid $10.5 million or $70 per square foot to acquire a 150,000 square foot office/retail redevelopment site...
