Finance
PMF Investments Acquires the Bellevue Sheraton for $41.8MM
By Kristin Bentley The Bellevue Sheraton now has a new owner since Tuesday. The 179-room hotel, located at 100 112th Avenue N.E., was...
Kennedy Wilson Earns Sub 5 Cap Rate on Mukilteo Apartment Purchase
By Jon Peterson Beverly Hills, Calif.-based Kennedy Wilson has acquired the 230-unit Alara Harbour Point apartment complex in Mukilteo at a cap rate...
CenterPoint Pays $21.9MM for Industrial Asset in Auburn
By Jon Peterson Oak Brook, Ill.-based CenterPoint Properties has paid $21.9 million to acquire the 152,155 square foot industrial property located at 3702...
Berkshires on Elliott Trades for $90.6MM as Market Forces Keep Pressure on Rentals
By Kristin Bentley The Berkshires on Elliott apartments have received a new name, the Griffis Belltown Seattle. Located at 2400 Elliott Avenue in...
Equity Residential Acquires Packard Building for $25.8MM
By Kristin Bentley Chicago-based Equity Residential continues to grow its presence in Capitol Hill, as it purchased a second property last week. The...
Security Properties Buys DuPont Apartment at 5.8% Cap Rate
By Jon Peterson Seattle-based Security Properties has purchased the 188-unit Clock Tower Village Apartments in DuPont and achieved a 5.8 percent cap rate...
Weingarten Expands Seattle Presence with $65MM 2200 Westlake Deal
By Jon Peterson Houston-based Weingarten Realty Investors has expanded its presence in Seattle with its purchase of the retail space at 2200 Westlake...
Swift to Wrap up $400MM Capital Raise in the Second Quarter
By Jon Peterson San Francisco-based Swift Real Estate Partners is nearing the completion of its $400 million capital raise and it plans to...
Capital Seniors Housing Gets 6.25 Cap on $36.25MM Buy on Queen Anne Property
By Jon Peterson Washington, D.C.-based Capital Seniors Housing has acquired the 93-unit Queen Anne Manor property in Seattle at a 6.25 percent cap...
Kennedy Wilson Raises $500MM for New Fund Targeting West Coast Assets
By Jon Peterson Beverly Hills-based Kennedy Wilson has completed its latest commingled fund capital raise with a total of $500 million for its...
Amazon Office Tower Sells for $370MM
By Kristin Bentley In a season of continued interest for Seattle commercial real estate assets, New York-based investment company, Deutsche Asset & Wealth...
BKM Capital Seeks First Deals in San Francisco and Seattle
By Jon Peterson Irvine-based BKM Capital Partners is looking at finding its first industrial acquisitions for assets in both the San Francisco Bay...