Hospitality
New Japanese Steakhouse Itadaki Yakiniku Opens at Bellevue Connection
A new culinary destination has emerged in Bellevue’s thriving restaurant scene. Itadaki Yakiniku, a Japanese steakhouse, has officially opened its doors at Bellevue...
Seattle City Council Approves Three-Year Modification for Design Review Process
By Kate Snyder Seattle’s design review process will see a more streamlined process for certain projects in the future. During a meeting on...
OYO to Acquire Motel 6 Parent Company from Blackstone Real Estate for $525MM
New Delhi & Dallas – September 20, 2024 – Oravel Stays, the parent company of the global travel technology company OYO, today announced...
Fed’s 50-Point Rate Cut: What It Means for Real Estate Investors and Consumers
Federal Open Market Committee Kicks Off Rate Reduction Cycle In a highly anticipated move, the Federal Open Market Committee (FOMC) slashed the federal...
New $60-80MM Everett Multipurpose Facility: A Future Home for AquaSox and Local Events
The City of Everett has embarked on an ambitious project to either update or replace Funko Field, the current home of the minor...
Silverstein Capital Takes Ownership of the Two-Tower Avenue Bellevue: What’s Next for the Luxury Development?
Fortress Development’s CEO, Andy Lakha, has transferred ownership of the billion-dollar Avenue Bellevue development located at 10300 NE 8th St. to an affiliate...
Blackstone Sells 180-Room Residence Inn by Marriott in Redmond for $34MM
By Kate Snyder Another hotel property in the Puget Sound region has traded hands, this time in Redmond. The buyer was an entity...
Nuveen Green Capital Provides More Than $90MM in Financing for 20-acre Harvest Project in Woodinville
By The Registry Staff Nuveen Green Capital has committed over $90 million in C-PACE financing to three key parts of the $600 million,...
DSA: Downtown Seattle Sees a A Surge in Workers and Visitors in July 2024
July marked a significant milestone in Downtown Seattle’s ongoing revitalization, as key metrics from the Downtown Revitalization Dashboard provided by the Downtown Seattle...
Sohal Hotels Sells 117-Room Hotel in Marysville for $26.5MM
By Kate Snyder The Puget Sound region has seen another hotel property trade hands with the sale of La Quinta Inn & Suites...
Kauri Investments Plans 150-Room Extended-Stay Hotel Near Overlake Medical Center in Bellevue
In a significant real estate development, Seattle-based Kauri Investments has announced plans to redevelop a medical building property near Overlake Medical Center into...
DSA June 2024 Update: Key Metrics Show Downtown Seattle’s Resurgence
Since the onset of COVID-19, Downtown Seattle Association (DSA) has tracked the pandemic’s impact on the local economy. As downtown Seattle bounces back,...
