Industry News
Vulcan Sells Seattle Development Site With Plans for 463-Unit Project for $39.7MM
By Catherine Sweeney Just a couple of years after receiving approval for its 44-story project in Seattle’s Belltown neighborhood, Vulcan has sold off...
114-Unit Mirror Lake Village in Federal Way Receives $29.576MM Refinancing
SEATTLE, July 25, 2022 – JLL Capital Markets announced today that it has arranged a $29.576 million refinancing for Mirror Lake Village, a 114-unit, 138-bed,...
Blue Fern Homes Buys 80-Unit Apartment Building in Seattle’s University District for $24MM
By Catherine Sweeney In the last several months, Seattle has seen a significant number of multifamily properties trade hands. In a transaction that...
Broadshore Capital Announces $150MM Hospitality Investment Program
Closes first transaction, $19.8 million mezzanine construction loan for AC Seattle hotel LOS ANGELES–Broadshore Capital Partners (Broadshore), a leading national real estate investment...
Two Retail Assets in Bend, Ore. Trade for Combined Price of $12.17MM
BEND, Ore. – Hanley Investment Group Real Estate Advisors, a nationally recognized real estate brokerage and advisory firm specializing in retail property sales,...
Wallace Properties to Develop Bellevue North into 950-Unit Mixed-Use Complex
By Jack Stubbs Bellevue-based Wallace Properties has plans in the works to transform the Bellevue North Shopping Center, with recent strides indicating that...
Harrison Street Capital Buys Four Self-Storage Properties in Seattle Metro for Combined $147.6MM
By Catherine Sweeney Two years since the start of the COVID-19 pandemic, self-storage assets continue to be in high demand for both consumers...
Andreessen Horowitz Won’t Have Physical Headquarters Going Forward
By Vladimir Bosanac If two and a half years of disrupted work patterns were not enough to signal where the future of working...
Affiliates of Blackstone Real Estate Complete $7.6B Acquisition of PS Business Parks, Inc.
GLENDALE, Calif. & NEW YORK–Blackstone (NYSE: BX) today announced that affiliates of Blackstone Real Estate have completed the previously announced acquisition of all...
Alliance Residential Buys Vacant Land in Redmond for $35MM With Plans for 425-Unit Development
(EDITOR’S NOTE: According to King County public records, the property was purchased by Alliance Residential. Cosmos Development Co. was the seller in the...
University of Washington to Develop 184,000 SQFT Behavioral Health Teaching Facility
The University of Washington has established a bold vision for a new Behavioral Health Teaching Facility that will become the foundation for positive...
Port Lawsuit: Boeing Must Pay its Fair Share of Lower Duwamish Superfund Cleanup
The Port of Seattle filed a civil lawsuit today demanding that The Boeing Company pay its fair share of the cost of the Superfund Cleanup...