Hospitality
Ready Capital Lands $141MM C-PACE Loan for Portland’s Block 216 Ritz-Carlton Tower
The financing, arranged by Peachtree Group and described by the firm as its second-largest C-PACE deal to date, gives Ready Capital a long-dated,...
Downtown Seattle Sets Recovery Records as Office Vacancy Climbs Near 35%
The Downtown Seattle Association’s July data shows apartment occupancy, hotel demand and transit ridership all beating or matching pre-pandemic benchmarks, even as office...
Port of Ridgefield’s 40-Acre Waterfront Redevelopment With Palindrome Meets Community Resistance
The Port of Ridgefield and developer Palindrome Properties Group are advancing a roughly 40-acre mixed-use district on remediated industrial land along Lake River,...
Downtown Seattle Draws 3.7MM Visitors in July as Worker Return Stalls at 64%
Downtown Seattle's summer visitor boom pushed foot traffic to 112 percent of pre-pandemic levels in July, yet the daytime office workforce remained stuck...
Seattle’s World Cup Spending Boost Outlasted Its Rivals, Bank of America Data Shows
Seattle stood apart among the 16 World Cup host cities as one of only two where small-business sales at hotels, bars and restaurants...
Mukilteo Launches Developer Search to Transform 1.19-Acre Waterfront Site Near State’s Busiest Ferry Route
The City of Mukilteo opened a search for a development partner to remake a 1.19-acre city-owned parcel between Lighthouse Park and one of...
The RJ Group Files Plans for 68-Home, 516,000 SQFT Hotel Project in Sedro-Woolley’s Urban Village
The RJ Group has filed site plans for Creekside Commons, a two-phase project pairing 68 homes with a 516,000-square-foot hotel and restaurant building,...
100-Room Western Inn in Lakewood Trades for $8.2MM
GDS 1 Group LLC has acquired the 100-room Western Inn in Lakewood for $8.2 million, adding an economy-segment property to the steady run...
Ready Capital Lands $141MM C-PACE Loan From Peachtree Group to Recapitalize Ritz-Carlton Portland Tower
Ready Capital has closed a $141 million C-PACE loan from Peachtree Group to recapitalize Block 216, the 35-story downtown tower housing the Ritz-Carlton...
Nisqually Tribe Launches 75,000 SQFT Red Wind Casino Expansion Near Olympia
The Nisqually Indian Tribe is set to break ground this month on a roughly 75,000-square-foot expansion of its Red Wind Casino off Yelm...
Ardent Companies Acquires Loan on Steinhauer’s Pioneer Square Tower-and-Hotel Complex in $107MM Seattle Recapitalization
County records show that Atlanta-based The Ardent Companies has taken over the mortgage tied to Seattle's 255 South King Street complex, home to...
Cascada Breaks Ground on 68-Room Thermal Springs Hotel and Spa in Downtown Bend, Eyes 2028 Opening
SolTerra and Portland design firm Hacker have broken ground on a 68-room Cascada thermal springs hotel and spa in downtown Bend, importing the...
