Finance
Lowe Enterprises Pays $32MM for Apartment Complex in Puyallup
By Jon Peterson Los Angeles-based Lowe Enterprises Investors has bought the 256-unit Deer Creek Apartments in Puyallup for $32.5 million or $126,000 per...
Coretrust Scouting Deals in San Francisco and Seattle with New Fund
By Jon Peterson Los Angeles-based Coretrust Capital will be considering investing capital in office buildings located in the San Francisco Bay Area and...
Walton Street Places Symetra Financial Center in Bellevue on the Market for Sale
By Jon Peterson Chicago-based Walton Street Capital has decided to put for sale the 450,089 square foot Symetra Financial Center located at 777...
McNellis: The Bears of Crowdfunding
By John McNellis You don’t remember the name Timothy Treadwell, but you remember him. He was the free spirit who went to live among...
Waterton Opens First Ever San Francisco Office, Seeks More Activity on West Coast
By Jon Peterson Chicago-based Waterton Associates has set up its first ever regional office in San Francisco as it hopes to be a...
Dow Hotel Company Seeks to Invest North of $200MM in Hotels Going Forward
By Jon Peterson Seattle-based The Dow Hotel Company has plans to invest at least $200 million in the purchase of hotels over the...
8-Unit Hoven Apartments in U. District Shows Strong Interest in Seattle Housing
Kidder Matthews has just announced the start of the sales of apartments in the 8-unit Hoven Apartments complex in Seattle’s U. District. The...
DivcoWest Starts a $1.5 Billion Capital Raise for New Commingled Fund
By Jon Peterson San Francisco-based DivcoWest Properties has just started the capital raising process for its next commingled fund, the $1.5 billion DivcoWest...
Invesco Buys Seattle’s 1101 Westlake for $67.4MM
The investment management firm Invesco has been named as the buyer of the 1101 Westlake project for $67.4 million. The six-story 150,000-square-foot office...
Heitman to Earn Low Four Cap Rate on Dimension Acquisition
By Jon Peterson Chicago-based Heitman will be achieving a 4.2 percent cap rate on its purchase of the 298-unit Dimension by Alta apartment...
Berkshire To Seed New Investment Fund with Assets in San Jose and Seattle
By Jon Peterson Boston-based The Berkshire Group has seeded its new investment fund with properties in San Jose and in the Seattle area,...
TruAmerica Buys Four Assets in Seattle for $121MM
By Jon Peterson Los Angeles-based TruAmerica Multifamily has acquired four apartment properties in the Seattle area for $121.45 million or $151,000 per unit....