Industry News
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...
91-Unit Alt Flats in Seattle’s Capitol Hill Listed for Sale as New-Construction Multifamily Asset
The 2024-built property at 421 Belmont Ave. E has reached 95 percent occupancy and features a diverse unit mix across nine floors in...
Trinity Real Estate Acquires 25-Unit Queen Anne Exchange Apartments for $12.8MM in Seattle
The adaptive reuse of a 1923 telephone exchange building traded at $512,000 per unit on Seattle’s Queen Anne Hill A 25-unit apartment building...
Toll Brothers Acquires 18.2-Acre Browns Point Land Site in Tacoma for $10.7MM
The nationally traded homebuilder paid approximately $588,000 per acre for undeveloped land in one of Tacoma’s most sought-after waterfront-adjacent neighborhoods, where it intends...
