Industry News
Essex Property Trust Reports Steady Growth in Seattle as Declining Supply Pipeline Positions Market for Tighter Conditions
The apartment REIT’s Pacific Northwest portfolio posted 2.8 percent same-property revenue growth in 2025, with the region poised to benefit from a sharp...
SecureSpace Self Storage Opens 53,000 SQFT Self Storage Site in Tukwila
REDONDO BEACH, Calif., March 26, 2026 — SecureSpace Self Storage (“SecureSpace”), a leading self-storage platform with locations across key urban markets in the...
Kennedy Wilson Sells Stake in 204-Unit Equinox Apartments in Seattle’s Eastlake for $44.9MM
The 204-unit Eastlake waterfront apartment complex was jointly acquired by Kennedy Wilson and a partnerfor $90 million in 2016; the partner buyout is...
MSR Communities Plans 247-Unit Mountain View Apartments on Former Dumpster Yard Near Canyon Park in Bothell
International homebuilder’s first multifamily rental project spans two phases — a 109-unit, seven-story building and a 138-unit, eight-story building — on a site...
Lake City Collective Plans 26,500 SQFT Cultural Center in Seattle
A three-story community-focused development would bring gathering space, urban agriculture, and resilience infrastructure to a 10,804-square-foot site in North Seattle Community-focused development efforts...
Bell Partners Acquires 177-Unit Milehouse Apartments in Redmond for $78.5MM from UDR
The Greensboro, N.C.-based multifamily investor continues to expand its Seattle-region portfolio with its acquisition of the downtown Redmond mixed-use apartment community, which UDR...
Portland City Grill Renews Lease at Big Pink, Reaffirming Commitment to Downtown Portland
PORTLAND, Ore.–Swickard Group announced today that Portland City Grill, one of the city’s most iconic dining destinations, has renewed its lease for five...
LeFrak Buys Out Kennedy Wilson’s Stake in 282-Unit Radius Apartments in Seattle for $60MM
LeFrak takes ownership of the South Lake Union apartment complex, which the two firms jointly acquired from Greystar for $141 million in 2017;...
PSERS and Tennessee TCRS Deploy $500MM Into Real Estate and Infrastructure Funds
Major public pension systems signal renewed confidence in commercial real estate as stabilizing markets and improving capital conditions draw institutional capital back into...
The 21st Century ROAD to Housing Act Is Both a Threat and a Lifeline for Developers
A single provision is freezing the build-to-rent pipeline, but the rest of the landmark bill delivers some of the most pro-development federal reforms...
West Coast Self Storage Developers Navigate Tariff Pressures and Labor Headwinds as Subcontractor Competition Intensifies
A new contractor survey from DXD Capital reveals that while material costs and deportation-related labor disruptions are mounting, aggressive subcontractor pricing is offering...
Chipotle, Sabine Café & Bar Sign Retail Leases at Skanska’s The Eight in Downtown Bellevue
The fast-casual chain and Mediterranean-inspired restaurant will activate the ground-floor retail program at the recently completed 25-story, 540,000-SQFT Class A+ office tower. Skanska...
