Laird Norton Properties, Heartland, Amazon, Unico, Seattle, Portland, Denver, Salt Lake City, Spectrum, Workforce, Student Housing, Puget Sound

Following KKR Infusion, Drawbridge to Seek Opportunities in Seattle

By Jon Peterson San Francisco-based Drawbridge Realty is now interested in buying properties in Seattle, following last week’s announcement of recapitalization by New York City-based...

Deutsche Management Buys Office Building in Pioneer Square for $34MM

By Jon Peterson New York City-based Deutsche Asset & Wealth Management has paid $34 million or $465 per square foot to buy the 73,000 square...

Los Angeles Pension Fund Doubles the Value on the Sale of Apartment in Renton

By Jon Peterson The Los Angeles County Employees Retirement Association has sold the 288-unit Pebble Cove Apartments in Renton for $49.5 million, or $171,875 per...

Empty Lenora in Seattle Snatched Up for $40MM

CWS Capital Partners is the reported buyer of the empty Lenora apartment building in downtown Seattle, according to Puget Sound Business Journal. The six-story...

Bentall Kennedy to Have Single Owner, Continue to Target Seattle Investments

By Jon Peterson Toronto-based Bentall Kenndy Group is now planning to be owned by a single institutional capital source with yesterday’s announcement of its planned...

Principal Green Fund Invests in New Project in South Lake Union

By Jon Peterson Des Moines, Iowa-based Principal Real Estate Investors has made an equity investment in a new office development in South Lake Union for...

Kennedy Wilson Adds Major Exposure to Seattle with $78MM Investment in Vintage Housing Holdings

By Jon Peterson Los Angeles-based Kennedy Wilson has made a major increase to its holdings in Seattle with a $78 million equity investment in Newport...

Greystar Expands Seattle Presence with $128MM Kirkland Apartment Buy

By Jon Peterson Charlestown, S.C.-based Greystar has bought its first apartment property ever in the Kirkland market with the acquisition of the 496-unit Resort at...

UDR Plans for Higher Cap Rates by Buying Apartments Still in Development

By Jon Peterson Denver-based UDR will be able to achieve cap rates that are 50 to 125 basis points higher by buying apartments in Seattle...
Kennedy Wilson, Slate Creek, Roseville, Las Vegas Valley, Big Trout Lodge, City of Liberty Lake, Heatherbrae Commons, Milwaukie, Montair, Somerset Hill, Tumwater, StonePointe, University Place, Ireland

CalSTRS’ New Single-family Commitments to Target Seattle

By Jon Peterson California State Teachers Retirement System has approved $150 million worth of new commitments in real estate targeting single-family investment opportunities. These two...

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