Finance
Equinix Rides AI Inference Wave to Record Q1 Sales as West Coast Capacity Tightens
The Redwood City data center giant booked its largest sales quarter ever as agentic AI workloads push enterprises off the public cloud and...
Kotek Signs $365MM Bond Bill for Moda Center, Pressures Portland Council on $400MM Share
Oregon’s governor wants the city’s funding commitment locked in by early summer to keep the Trail Blazers tied to the 31-year-old arena through...
Blackstone Mortgage Trust Covers Dividend Third Straight Quarter as Platform Pivots Toward Data Centers and Net Lease
The $19.7 billion CRE lender posted a GAAP net loss but distributable earnings cleared the dividend hurdle, signaling that a portfolio reset built...
Starwood Pulls the Plug on SREIT Redemptions, Slashes Distribution as Non-Traded REIT Reckoning Reaches Its Endgame
Barry Sternlicht’s $22.4 billion fund becomes the last holdout in a sector-wide liquidity crisis, betting that Sunbelt multifamily fundamentals will reward shareholders who...
D.R. Horton Affiliate Acquires Multiple Parcels of Vacant Land in Tacoma for $15.8MM
The nation’s largest homebuilder picks up developable land from Japanese builder Ichijo USA in Pierce County, extending its residential pipeline in the South...
Kirkland Investor Sells 25-Unit Avellino Apartments on Mercer Island for $10.8MM
Mixed-use apartment building trades at $432,000 per unit in rare island transaction, reflecting the scarcity premium that Mercer Island’s constrained multifamily inventory commands...
Private Capital Tightens Grip on Washington Multifamily as Pierce County Heats Up
A Berkadia Q1 2026 report shows mid-market investors driving deal flow, institutional buyers retreating to scale plays, and a coming delivery cliff setting...
Apartment Titans AvalonBay and Equity Residential Eye $50B Merger That Could Redraw US Rental Map
The two largest US apartment REITs are in early-stage talks on a combination that would create a roughly 200,000-unit landlord and reignite REIT...
Spokane Indian Housing Authority Acquires 200-Unit Waterford Apartments in Everett for $53.3MM
The Wellpinit-based tribal housing entity acquired its fourth western Washington apartment complex in under a year, bringing its total deployment to approximately $285...
$220MM Data Center Plan Surfaces on 4.6-Acre Duwamish Site as Seattle Weighs Moratorium
An unnamed developer files plans for a four-story, up-to-320,000-SQFT facility on a former Carlyle cold-storage site, racing ahead of a potential City Hall...
32-Unit The Lime Apartment Complex Trades in Richland for $5.375MM
The 32-unit midcentury apartment complex traded at approximately $168,000 per unit, wrapping up the brokerage team’s multi-asset seller assignment in a Tri-Cities market...
Seattle’s Expense Discipline Pays Off: Essex Cuts Operating Costs 3.4% and Drives 4.9% NOI Growth
The Pacific Northwest delivered Essex Property Trust’s largest expense reduction of any region in Q1 2026, leveraging modest 2.3 percent revenue growth into...
