Finance
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...
Waterfront Building with Seattle P-I Globe Sells to Swiss Real Estate Fund for $41.9MM
By Kristin Bentley After changing ownership in 2007, the Waterfront office building, still topped by the Seattle Post-Intelligencer globe, was sold again last...
Cornerstone Makes Madison Centre its First Investment in Seattle Office Development
By Jon Peterson Hartford, Conn.-based Cornerstone Real Estate Advisers has made its equity investment into the Madison Centre project in downtown Seattle its...
DCT Buys Vacant Industrial Asset in Fife for $9MM
By Jon Peterson Denver-based DCT Industrial Trust paid $9.85 million to buy an empty industrial building in Fife located at 5555 8th Street...
Los Angeles’ IRG Acquires Weyerhaeuser Campus for $70.5MM
By Kristin Bentley Nearly two years after being placed on the market, the Weyerhaeuser campus in Federal Way has found a buyer –...
Carey Watermark Acquires Seattle Marriott Bellevue
By Kristin Bentley In its first venture into the Seattle market, a private REIT has acquired the Seattle Marriott Bellevue, a 17-story, state-of...
MetLife Uses Core Opened-Ended Fund to Buy Seattle Asset
By Jon Peterson New York City-based MetLife used its MetLife Core Property Fund as its capital source for the $129.4 million acquisition of...
Bixby Land Gets 5.6 Percent Cap rate on First Deal in Seattle
By Jon Peterson Newport Beach, Calif.-based Bixby Land Company has produced a 5.6 percent cap rate on the company’s first ever industrial transaction...