Industry News

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Lennar Invests Heavily in AI and Data Analytics Platforms with Salesforce, Palantir, and McKinsey

As the housing market faces sustained pressure from affordability challenges and elevated interest rates, Lennar Corporation is making a bold bet on technology...

Oregon Legislature Passes Bill To Earmark $800MM for Potential New Major League Baseball Stadium in Portland

(Editor’s Note: According to industry reports, the city is a contender as a location for a potential new MLB franchise. If selected, a...

Lennar Reports Challenging Quarter as West Coast Markets Face Housing Headwinds

Nation’s largest homebuilder maintains volume strategy despite margin pressure and particular softness in Pacific Northwest and California Lennar Corporation, one of America’s largest...

Housing Starts Tumble in May as Builder Sentiment Slips

Residential construction activity in the United States took a sharp turn downward in May 2025, with new data from Wells Fargo Economics pointing...

Pacific Urban Investors Buys 304-Unit Apartment Complex in Tigard, Ore., for $76.7MM

(Editor’s Note: According to Washington County public property records, the sales price was $76.7 million, or approximately $252,302 per unit. The seller was...

Oregon City Pioneers Dual-Purpose Solar Innovation at Wastewater Plant

Pendleton’s new solar canopy generates clean energy while improving water treatment operations The City of Pendleton, Oregon, has unveiled a groundbreaking solar installation...

Silverstein Properties Takes Control of Avenue Bellevue Project

New York developer Larry Silverstein has taken control of Avenue Bellevue, a luxury development in Bellevue, Washington, which is becoming a hub for...

Downtown Seattle Ambassadors Deliver Record Service Hours in Effort to Revitalize City Core

In the 2024-25 fiscal year, Downtown Seattle's DSA/MID program recorded nearly 283,000 service hours, removing 1.2 million gallons of trash and 49,000 graffiti...

U.S. Growth Revised Up for 2025, But Tariff Uncertainty Threatens Second-Half Slowdown

Economic growth in the United States is showing surprising resilience in the first half of 2025, according to the latest outlook from Wells...

120-Unit Mixed-Use Development Site in Seattle’s Capitol Hill Hits the Market for $12MM

A proposed 119,900-square-foot mixed-use development site located at 1520 13th Ave. in Seattle’s Capitol Hill neighborhood has been listed for sale. The three-parcel...

Seattle Center Seeks Public-Private Partnership to Redevelop Gateway Retail Site on Thomas Street

RFP seeks proposals to enhance Seattle Center’s Thomas Street entrance  with upgraded retail and attractions SEATTLE (June 17, 2025) – Seattle Center today...

Waterton Acquires 386-Unit Brackett Apartments in Edmonds for $124MM

Well-located Asset Presented Rare Opportunity with Strong Value-Add Upside (Editor’s Note: The seller was an entity affiliated with Intercontinental Real Estate Corporation, according...

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