Parker Smith & Feek Sell Bellevue Office Buildings for $16MM

[googlemaps https://www.google.com/maps/embed?pb=!1m18!1m12!1m3!1d21510.264006007343!2d-122.20923746139428!3d47.63034927918631!2m3!1f0!2f0!3f0!3m2!1i1024!2i768!4f13.1!3m3!1m2!1s0x54906cec015134f9%3A0x54e8a96b3eb5d0d6!2s2229+112th+Ave+NE%2C+Bellevue%2C+WA+98004!5e0!3m2!1sen!2sus!4v1489766508192&w=640&h=450] Insurance brokerage group Parker Smith & Feek Inc. sold two Bellevue office buildings to JB Bellewood LLC associated with June Yoo for $16...

MainVue Homes Buys 71 Parcels of Land near Auburn for $10.2MM

Two LLCs associated with Theodore McCaugherty of Seattle sold 71 parcels of land in unincorporated King County near Auburn to Bellevue-based MainVue Homes for...
CRE, Commerical Real-Estate, CommercialCafe, Yardi Matrix

Foreign Investors Pile into US Commercial Real-Estate Bubble

By Wolf Richter With impeccable timing, after a blistering 7-year price boom. 2016 might later be called the peak year in terms of commercial real estate,...
Brookdale, Snohomish County,

Two More Brookdale Senior Living Facilities Sell for $70.56MM

A joint venture of real estate investors joined forces in November 2016 to purchase a Welltower portfolio of Brookdale Senior Living housing across California,...
Pavilion Apartments, Federal Way, Prime Residential

Pavilion Apartments in Federal Way Fetch $93MM

[googlemaps https://www.google.com/maps/embed?pb=!1m18!1m12!1m3!1d5411.265357503467!2d-122.36226966679372!3d47.30197737916569!2m3!1f0!2f0!3f0!3m2!1i1024!2i768!4f13.1!3m3!1m2!1s0x549056ff4c2e52f5%3A0x2b76e8689670c03a!2sPavilion+Apartment+Homes!5e0!3m2!1sen!2sus!4v1489611960951&w=650&h=450] In a new record-setting multifamily sale for Federal Way, San Francisco-based FPA Multifamily LLC sold off the Pavilion Apartments in Federal Way to...
John McNellis Partners Palo Alto Bay Area RealtyMogul.com crowdfunding commercial real estate prediction market analysis San Francisco

McNellis: Marching Into Madness?

By John McNellis “Cocaine’s for horses, it ain’t for men They say it’ll kill you, but they won’t say when” Cocaine Blues When it comes to business...
Vancouver, Holland Partner Group, Starwood Capital Group, Seattle, CBRE, Everett, Lacey, Silver Oak, Larkspur Place, Sedona at Bridgecreek, Centerpointe Greens, Timberline Court

Holland Partner Group Sells 11-Property Western State Portfolio to Starwood Capital

Vancouver, WA -based Holland Partner Group has sold a portfolio of 11 apartment properties spread across 4 western states to Greenwich, CT -based Starwood...
Willows Commerce Park, Redmond, Seattle, CBRE, Kennedy Wilson, GE Capital Real Estate, Blackstone Real Estate Partners VIII Blackstone Group

Blackstone Sells Office/Flex Property in Redmond for $75.2MM to Kennedy Wilson

[googlemaps https://www.google.com/maps/embed?pb=!1m18!1m12!1m3!1d21485.981434445763!2d-122.17020582482802!3d47.689319979088154!2m3!1f0!2f0!3f0!3m2!1i1024!2i768!4f13.1!3m3!1m2!1s0x54900d5e871faf11%3A0x7c6ff7ba5ea127a5!2s9911+Willows+Rd%2C+Redmond%2C+WA+98052!5e0!3m2!1sen!2sus!4v1489100691661&w=640&h=450] By Jon Peterson New York City-based The Blackstone Group has sold the four-building 422,000 square foot Willows Commerce Park in Redmond for $75.2 million,...
Wapato Creek Village, Fife, Goodman Real Estate, Kidder Mathews

Goodman Buys Wapato Creek Village in Fife for $12.85MM

[googlemaps https://www.google.com/maps/embed?pb=!1m18!1m12!1m3!1d10836.261504678316!2d-122.35844489586192!3d47.23486707905935!2m3!1f0!2f0!3f0!3m2!1i1024!2i768!4f13.1!3m3!1m2!1s0x5490ff366dcb2459%3A0x106ae506d1c5a975!2sWapato+Creek+Village!5e0!3m2!1sen!2sus!4v1489087801387&w=640&h=450] Tacoma-based Great West Property Management sold Wapato Creek Village in Fife for $12.85 million or $110,776 per unit to Goodman Real Estate. Ted...
low-income, parkside apartments, everett, snohomish county

Low-Income Housing Asset in Everett Sells for $39MM

[googlemaps https://www.google.com/maps/embed?pb=!1m18!1m12!1m3!1d5347.699565074789!2d-122.25116936686145!3d47.919943979206685!2m3!1f0!2f0!3f0!3m2!1i1024!2i768!4f13.1!3m3!1m2!1s0x5490013b6bc56f3f%3A0x60a4ed5db557d6d7!2sParkside+Apartments!5e0!3m2!1sen!2sus!4v1489008827018&w=640&h=450] Torrance, CA-based Parkside Acquisition Preservation Limited Partnership sold a low-income housing complex, Parkside Apartments, to a limited partnership in which it has ownership...

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