Finance
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...
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...
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...
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....
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...
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...
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,...
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...
ASB Buys First Two Apartments in Seattle for $90MM
By Jon Peterson Bethesda, Md.-based ASB Real Estate Investments has acquired its initial two apartment properties in the Seattle market with the $90...
CBRE Investors Pays $272MM to buy Seattle Office Assets
By Jon Peterson Los Angeles-based CBRE Global Investors has paid $272 million or $385 per square foot to acquire the 708,283 square foot...
New Apartment Venture Looks to Buy in Seattle
By Jon Peterson Chicago-based Waterton Associates has formed a new $800 million apartment investment venture that will include making acquisitions in Seattle and...
Gerrity Group Seeds New Retail Investment Fund with Two Assets in Seattle
By Jon Peterson Solana Beach, Calif.-based The Gerrity Group has seeded its new value-add retail investment fund, Gerrity Retail Fund 2, with two...