Industry News

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Skanska Announces Completion of New 53,000 SQFT St. Charles Cancer Center in Redmond, Ore.

53,000 square-foot state-of-the-art facility expands access to world class cancer care across Central Oregon and beyond. Redmond, Ore. – Skanska, a leading global...

$13.5MM Permanent Refinance Secured for 95-Room Hampton Inn & Suites in Kent

Hampton Inn & Suites Kent Location Retires Maturing Loan Following Strategic Performance Improvement Program; Bank Loan Offers Attractive Fixed Rate and Maximum Proceeds...

AI Set to Flatten Office Job Growth Through 2030, Pushing U.S. Vacancy to 21.5%, Newmark Finds

A new Newmark research report forecasts that artificial intelligence will moderate office-using employment to near-zero growth over the next five years, reshaping demand...

WellQuest Living Acquires 293-Unit Russellville Park Senior Community in Portland for $81.28MM

The Salt Lake City-based senior living operator expands into the Pacific Northwest with the purchase of a full-continuum retirement community from Portland developer...

BH Properties Acquires 340-Unit Bethany Meadows Affordable Apartment Community in Portland for $59.96MM

The acquisition through BH Properties’ Haven Housing platform marks a significant move into the Portland metro’s affordable multifamily sector, with the community changing...

Swedish Health Services Taps CBRE to Market Trapezoidal Development Site in Seattle’s First Hill

The sale of 1401 Madison St. reflects a broader repositioning by major hospital systems as medical outpatient real estate commands record pricing nationwide....

45-Acre Silver Ridge Ranch Offered for Sale at $4.5MM in Easton

EASTON, Wash., April 16, 2026 — Silver Ridge Ranch, a ±45 acre mountain property located just east of Snoqualmie Pass in Kittitas County,...

Largest Cruise Season in Port of Seattle History Begins April 17 with 330 Calls and Two New Cruise Lines

This week, the Port of Seattle kicks off the 2026 Alaska cruise season, marking a historic milestone with 330 vessel calls and 2.1...

BRIDGE Housing, Community Roots Open 235-Unit Copperleaf Northgate Next to Seattle Light Rail Station

Transit-oriented affordable housing community at 201 NE 103rd Street delivers with $30 million in King County funding and 24 units set aside for...

Puget Sound Apartment Sales Double to $6B as East Link Light Rail Reshapes Eastside Investment Map

Transaction volume surges past $2.5 billion posted in 2023 as institutional capital returns and a long-awaited transit connection rewires commute patterns across the...

Issaquah to Acquire 21,311 SQFT Ednetics Building for $12.98MM as New City Hall

The $609-per-square-foot off-market deal comes in well below comparable sales as the city pivots away from new construction estimated at up to $57.75MM....

Pacific Northwest Hotels Brace for a Second Year of Softening as Canadian Travelers Stay Home

Seattle draws short-term relief from FIFA World Cup matches while Portland’s recovery slows, and both markets bank on rapidly shrinking construction pipelines to...

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