Finance
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...
Manjoh Acquires 50,000 SQFT Cascade Boulevard Center in Tigard for $13.4MM, Portland’s Largest Retail Sale of 3Q 2026
The Portland market's biggest retail trade of the third quarter changed hands at a premium to the metro average, a sign that well-located...
Metro Taps Bond Interest Earnings to Cut Rents on Nearly 300 Affordable Apartments as Portland-Area Vacancies Linger
Metro is redirecting interest earned on its $652.8 million housing bond to buy down rents at five Portland and Gresham properties, a bid...
Nuveen Real Estate Picks Up Three Puget Sound Shopping Centers in $445.5MM, 1.9MM SQFT Western Retail Portfolio Deal
Nuveen Real Estate has acquired a 13-property open-air retail portfolio spanning Washington, California and Colorado for $445.5 million, picking up grocery-anchored centers in...
Mercy Housing Northwest, El Centro de la Raza Break Ground on $170MM, 400-Unit Affordable Project at Seattle’s Mount Baker Station
Construction is underway on the first 239 apartments of a 400-unit, $170 million affordable housing redevelopment on the former University of Washington laundry...
