Sequoia Equities Expands into Seattle Apartment Market with $93MM Buy

By Jon Peterson Walnut Creek, Calif.-based Sequoia Equities makes its first apartment deal in the Seattle market with the $93 million acquisition of the 351-unit...
John McNellis, McNellis Partners, Safeway, Cerebrus Capital, Silicon Valley, Palo Alto, retail, private equity, layoffs, operational efficiency

McNellis: In Praise of Inefficiency

By John McNellis A lender on one of our projects wrote last week, demanding we post an $800,000 letter of credit to further secure its...

J.P. Morgan Makes $75.9MM Net Fund Equity Investment into Stack House Property

By Jon Peterson The J.P. Morgan Strategic Property Fund has made a $75.9 million net fund equity investment into the Stack House mixed-use property in...

Waterton Pays $20.2MM for Apartment Complex in Lynwood

By Jon Peterson Chicago-based Waterton Associates has paid $20.2 million or $130,000 per unit late last year to acquire the 155-unit Martha Lake apartment complex...

Pearlmark Plans to Target Seattle for New Mezzanine Fund

By Jon Peterson Chicago-based Pearlmark Real Estate is planning on seeking out investment opportunities in San Francisco and Seattle for its latest commingled fund, Pearlmark...

Shea Properties to Develop Apartment Project Near Facebook’s Campus

Aliso Viejo, Calif. -based Shea Properties closed on a site in Seattle earlier this month that is a block west of the Lake Union...

TIAA-CREF Adds to Seattle Portfolio with Apartment and Retail Deals

By Jon Peterson New York City-based TIAA-CREF has increased its real estate exposure in the Seattle region with apartment and retail acquisitions. Rich Kimble, senior director...
Lift Partners, San Francisco, Bay Area, Seattle, Kent Valley, Calco Commercial, Kent, Pacific Metals, Newmark, Neil Walter

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...

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