Finance
HFF Announces $14.5MM Financing for 52-unit Apartment Community in Suburban Seattle
SAN DIEGO, CA (November 8, 2018) – Holliday Fenoglio Fowler, L.P. (HFF) announces $14.5 million in financing for Luna Sol Apartments, a 52-unit,...
Fourteen Parcels of Vacant Industrial Land in Frederickson, WA, Sell for $43.9MM
By Jack Stubbs As the Puget Sound region continues to expand and development opportunities are eyed throughout the region, the sale of...
PropTech: Stessa Helps Smaller Multifamily Investors Automate Portfolio Management
By Meghan Hall As prices for single-family homes continue to skyrocket in rapidly growing metropolitan areas near cities like San Francisco and Seattle,...
52-Unit Luna Sol Apartments in Kirkland, WA, Sells for $16.2MM
By Jack Stubbs There have been a number of apartment sales in Kirkland, Washington, over the last few months, and another property...
Tax Cuts & Jobs Act, It Affects the Industry’s Owners
By Helen Moulis As most of us know, we’ve entered a new era of tax rules with the passage of the Tax Cuts...
Decron Properties Spends $173MM to Acquire the 558-Unit Avana 522 Apartments in Bothell, WA
By Jack Stubbs Los Angeles-based Decron Properties has long been active in California, and recently made its first acquisition in the Puget Sound...
Terreno Realty Corporation Acquires Building in Seattle, WA for $12.6MM
SAN FRANCISCO (October 31, 2018) – Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major...
Alexandria to Build 217,000 SQFT Building as Replacement for Recently Purchased South Lake Union Asset in Seattle
By Meghan Hall Seattle’s life science market is another technology sector that is growing at a steady pace as a result of...
John Winthrop Apartments in Seattle’s First Hill Neighborhood Sells for $18.2MM
Colliers Seattle Multifamily Team Brokered the Sale of the 79-Unit Apartment Building Seattle, (October 30, 2018) – Dylan Simon and Jerrid Anderson of...
Unico Spends $79.25MM to Acquire Ownership Rights for Stone34 Building in Seattle
By Jack Stubbs Seattle-based real estate investment and development firm Unico Properties has been active in the Emerald City over the last few...
Bremerton Self Storage Facility Sells for $16MM
BREMERTON, WA (October 29, 2018) – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the...
106-Unit Parkside At 95 Burnett Apartments in Renton, WA, Sells for $26.85MM
By Jack Stubbs The city of Renton on the southern edge of Lake Washington in King County has been a hotbed of multifamily...