Industry News
Sagard Real Estate Expands Multifamily Portfolio with 222-Unit Acquisition in Monroe
SEATTLE–Sagard Real Estate (SRE), a leading U.S.-based real estate investment advisor and subsidiary of Sagard, a global multi-strategy alternative asset management firm, today...
Spruce Street School Clears Permit Hurdle for 20,000 SQFT First Hill Campus Conversion
The 43-year-old private elementary school will trade its leased Denny Triangle home for an owned First Hill building, with classes targeted to begin...
Eastern Washington Apartment Market Cools in Q1 With Sales Volume Sliding 78% From Q4
Q1 transactions drop to 14 deals worth $33 million as vacancy ticks down to 7.8 percent and operators brace for a summer leasing...
Seattle Council Lifts Cap on Tiny House Villages to 150, Clears Path for 250-Resident Sites
Unanimous vote on third bill in Mayor Wilson’s shelter acceleration package puts a one-year clock on a 50 percent capacity bump and authorizes...
Central City Concern Acquires 160,000 SQFT Everett Building in Portland Old Town for $11MM
Nonprofit’s purchase of former NWEA headquarters lands at 77 percent below the property’s 2015 trade, marking the latest fire-sale benchmark for downtown Portland...
Portland Posts Nation’s Second-Worst Metro Construction Loss as Oregon Sheds 1,900 Jobs
The Portland-Vancouver-Hillsboro metro lost 4,900 construction jobs over the year ending March, ranking 359th of 360 U.S. metros in absolute losses and trailing...
Washington Construction Payrolls Stall as Seattle-Tacoma-Bellevue Sheds 2,200 Jobs
Statewide employment held flat at 214,600 in March even as the Puget Sound’s largest metro continued a year-long contraction, deepening regional concerns about...
Portland Hotels Limp Into 2026 as Downtown Distress Collides With Suburban Strength
National hotel performance is finally turning the corner, but Portland’s recovery remains stuck in the slow lane as international travel falters and downtown...
New Blueprint, Rabina Land $75MM Loan to Launch 250-Unit First Phase at Former HP Campus in Vancouver
Six-year transformation of 180-acre Vancouver Innovation Center pivots from office park renovation to ground-up residential, with another 1,000 units in the pipeline. After...
JP Morgan Pulls Plug on $1.4B Core-Plus Real Estate Fund, Putting Seattle Office Towers Back in Spotlight
The 24-year-old US Real Estate Income and Growth vehicle leaves behind a Denny Triangle footprint that once anchored the West Coast’s biggest office...
Washington’s Top-Producing CVS Hits Market in Puyallup at $8.89MM, 5.5% Cap
The 17,272-SQFT pharmacy at a Pierce County hard corner is being offered at pricing roughly 100 basis points inside the Q1 2026 single-tenant...
Renton Bets $10MM on Downtown Reinvention as HEART Block Opens June 6 with World Cup in Sight
The city’s long-planned trifecta—Legacy Square, Piazza Park, and the Renton Market—debuts June 6, converting a former auto dealership and a vacant gravel lot...
