Industry News

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MSR Communities’ 266-Unit Shoreline 145th Takes Shape Near Light Rail as Station Area Approaches Housing Cap

The 7-story, 320,000-square-foot project is one of several large-scale transit-oriented developments transforming the former single-family neighborhood around the Shoreline South/148th Station. The wave...

Louisiana Teachers’ Retirement System Commits $125MM to Bell Partners Growth and Income Fund Targeting Core Plus Apartments Nationwide

The $27 billion pension fund’s latest real estate allocation will back a multifamily vehicle with a $1.5 billion target and plans to acquire...

Glencrest Group and Sky Alps Capital Acquire 155-Unit Cedar Square Apartments in Beaverton for $29.85MM

San Francisco-based multifamily investor marks its eighth Portland-area acquisition in a value-add play near Nike and Intel campuses A joint venture between Glencrest...

McMenamins Unveils Plan to Convert Historic 37,000 SQFT Taft Hotel Into 63-Room Boutique Hotel in Downtown Portland

The Pacific Northwest hospitality chain aims to link the 1907 building to the Crystal Ballroom via skybridge, creating an interconnected West End entertainment...

Carlyle and Alliance Residential Acquire Downtown Bellevue Office Property for $30.4MM, Plan 304-Unit Apartment Redevelopment

The joint venture will demolish the 1970-built 200 Building at 200 112th Avenue NE and construct a nine-story multifamily project that recently cleared...

Puget Sound Apartment Market Hits $6 Billion in Transaction Volume as Institutional Investors Return to the Region

The Simon | Anderson Multifamily Team at Kidder Mathews delivered its spring market outlook at its 26th investor forum, citing a surge in...

Port of Tacoma Highlights $10 Billion Economic Impact, Major Infrastructure Push in 2026 State of the Port

Annual video report showcases Maritime Center construction, Blair Waterway deepening plans, and workforce development milestones across Pierce County The Port of Tacoma has...

Alliance Multifamily Sells Historic 34-Unit Roy Vue Apartments in Seattle’s Capitol Hill for $11.5MM

(Editor’s Note: According to King County public records, the seller was an entity affiliated with Alliance Multifamily, and the buyer was a Seattle-based...

76-Unit Tabor Commons Apartments Hits the Market in Portland’s Mt. Tabor Neighborhood

The 1928-era property, renovated for more than $10 million between 2017 and 2020, comes with assumable agency debt fixed at 2.99 percent through...

February CPI Shows Disinflation Losing Momentum as Energy Costs Surge

Wells Fargo economists warn that a developing Middle East conflict could push energy goods prices sharply higher in March, complicating the Federal Reserve’s...

Kimco Realty Lists 39,500 SQFT New Seasons-Anchored Retail Property in Portland

The grocery and drug-anchored neighborhood center on SW Beaverton Hillsdale Highway is fully leased and features the flagship New Seasons Market location, which...

210-Unit Permit-Ready Onyx Townhomes Development Site Hits Market in Redmond With March Call for Offers

Fully entitled 11.4-acre site near Microsoft headquarters and Redmond Technology Station light rail targets builders seeking shovel-ready residential opportunity on the Eastside A...

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