Finance
CityView Creates $150MM Investment Fund; Seeks Deals in San Francisco and Seattle
By Jon Peterson Los Angeles-based CityView has raised $150 million of equity capital for a new investment fund that will look to invest...
LCS Development Anticipates Completion Of $154.5MM Retirement Community Expansion
By Kristin Bentley A continuing care retirement community developer, Iowa-based LCS Development, is nearing the completion of its Phase II of Timber Ridge...
The Schuster Group Sells Residential Building For $76MM In Seattle’s Belltown
By Kristin Bentley The Schuster Group, a real estate investment, development and management firm based in Seattle, sold one of its residential properties...
Urban Visions Acquires Parking Garage Near Seattle’s Waterfront In Pioneer Square For $13.1MM
By Kristin Bentley Last Friday, Urban Visions Seattle Real Estate acquired a two-story parking garage on a 20,000-square-foot parcel in the city’s Pioneer...
Vulcan Looks To Build Residential High-Rise In Seattle’s Belltown After Acquiring Land Parcels For $22.9MM
By Kristin Bentley Seattle-based Vulcan Inc. purchased two parcels in Seattle’s Belltown neighborhood on the southwest corner of Fifth Avenue and Lenora Street...
Cabot Has San Francisco and Seattle on Targeted Markets for New Core Fund
By Jon Peterson Boston-based Cabot Properties will be looking to buy industrial properties in both San Francisco and Seattle for its new commingled...
Lennar Submits Plans For 405-Unit Residential Project In Central District
By Kristin Bentley Lennar Multifamily Communities, LLC, a subsidiary of Miami-based Lennar Corporation, has submitted plans to build a 405-unit residential project in...
D.C.-Based Madison Marquette Acquires Belltown Mixed-Use Tower For $33.6MM
By Kristin Bentley Washington D.C.-based Madison Marquette purchased the Bay Vista Building, a 119,793-square-foot mixed-use tower, from The Carlyle Group for a little...
Canadian Real Estate Investor Acquires University District Building For $19.9MM
By Kristin Bentley Vancouver, Canada-based Nicola Crosby Real Estate Investments purchased its second Seattle property this year when it acquired the University District...
Los Angeles-Based Hayman Properties Buys Microsoft Buildings In Redmond For $37MM
By Kristin Bentley Los Angeles-based Hayman Properties LLC acquired its first property in the Puget Sound when it purchased the Microsoft Redmond Woods...
Kennedy Wilson Earns Mid 5 Cap on First Apartment Deal in Auburn
By Jon Peterson Beverly Hills, Calif.-based Kennedy Wilson has acquired the Belara at Lakeland apartment complex in Auburn for $81 million, or just...
Bixby Land Acquires Third Industrial Asset In Puget Sound Region Over Last Six Months For $24MM
By Kristin Bentley Newport Beach, Calif.-based investor and developer, Bixby Land Company, bought its third industrial asset in the Puget Sound region from...