168-Unit Apartment Complex Planned for Seattle’s Capitol Hill Neighborhood Passes Final Design Review
By Meghan Hall
A residential development slated to rise in Seattle’s Capitol Hill neighborhood is finally moving forward after several rounds of review and a...
Tremont Mortgage Trust Closes on Bridge Loan to Finance $19MM Acquisition of Parallax Apartments...
(EDITOR’S NOTE: According to public records that just recently recorded, the sale of the asset closed on July 30, 2021. The complex sold for...
Calvera Closes $31.6MM U.S. Multifamily Value-Add Investment Fund
San Francisco -- Calvera Partners, a national real estate investor and operator, is pleased to announce the closing of its latest multifamily value-add investment...
Design Review Board Recommends 8-Story Apartment Building in Seattle Advance to Recommendation Phase
By Bekka Wiedenmeyer
North Beacon Hill, a Seattle neighborhood located close to Interstate 90, has experienced a number of transitions over the years. Zoning changes...
Ziegler Closes $154.6MM Bond Financing for Terwilliger Plaza in Portland
CHICAGO, IL – SEPTEMBER 2, 2021 – Ziegler, a specialty investment bank, is pleased to announce the closing of Terwilliger Plaza’s $154,620,000 Series 2021A, Series 2021B and 2021C Bonds issued through...
Virtu Investments Buys Blu Bellevue Apartments for $109MM
By Meghan Hall
Another Puget Sound apartment complex has traded hands. In a deal that closed on September 2nd, the Blu Bellevue Apartments sold to...
59-Unit Development Site in Seattle’s Belltown Hits the Market
Seattle, WA (September 7, 2021) – GEM Real Estate Partners has placed its Belltown development project, First & Bell, on the market for sale....
Columbia Property Trust to Be Acquired by Funds Managed by Pacific Investment Management Company...
NEW YORK & NEWPORT BEACH, Calif.--Columbia Property Trust, Inc. (NYSE: CXP) today announced that it has entered into a definitive agreement to be acquired by...
Terreno Realty Corporation Secures 57,000 SQFT of Lease in Seattle
(EDITOR'S NOTE: Terreno paid $42 million in 2017 for Sodo Row, previously occupied by Sears as a parts and service center. The asset totals...
The McClatchy Company, Owner of The News Tribune, Sells Tacoma Office Building for $15.5MM
By Meghan Hall
The second largest newspaper in Washington State has sold its home. In a deal that closed just before the end of August,...
