Industry News
43-Unit Apartment Community in Burien Sells for $10.5MM
(EDITOR’S NOTE: According to public documents filed with King County, the property sale closed on 5/31/2022. The buyer was an entity based in...
Skillet Diner, Copperworks Distilling, and Amazon Among New Tenants in Seattle’s Waterfront Park District
Seattle, Wash. (May 31, 2022) – New leases surrounding Seattle’s waterfront show signs of a resilient retail market downtown. Kidder Mathews Vice President...
Newly Developed 53-Unit Samish Station 1 & 2 in Bellingham Sell for $17.6MM
COSTA MESA, CA –The Mogharebi Group (“TMG”) has arranged the sale of Samish Station 1 & Samish Station 2, a 53-unit community in Bellingham, WA. Samish...
Next Wave Buys Two Multifamily Communities Totaling 110 Units In Beaverton for $30.5MM
Beaverton, Ore. (May 27, 2022) – Next Wave Investors, LLC (“Next Wave”), a private equity firm focused on value-add multifamily investments, has acquired two...
Seattle Design Review Board Recommends Eight-Story Affordable Housing Building in Georgetown Neighborhood Advance to MUP Application
By Bekka Wiedenmeyer Seattle’s Georgetown neighborhood is a rapidly evolving community previously characterized by mostly low-rise commercial and industrial structures. New and proposed...
127-Unit Apartment Project Planned for Seattle’s Yesler Terrace Neighborhood Receives Support During EDG
By Catherine Sweeney Seattle’s Yesler Terrace neighborhood could soon see additional housing sprouting up, following a recent Central Area Design Review Board meeting....
Clarion Partners Acquires 201-Unit Apartment Complex in Everett for $75.5MM 
By Catherine Sweeney Clarion Partners is growing its presence in the Pacific Northwest, recently acquiring the Charter Club Apartments in Everett. According to...
Silverstein Properties’ 418-Unit Proposal to Return to Seattle Design Review Board for Second Recommendation Meeting
By Catherine Sweeney Silverstein Properties’ proposed 418-unit multifamily development in Seattle is one step closer to becoming a reality, following a recommendation hearing...
MJW Investments Spends $14MM On 66-Unit Avenue 66 Apartments in Vancouver
(EDITOR’S NOTE: According to public documents reviewed by The Registry, the property, located at 4721 NE 66th Ave, Vancouver, WA, traded for $14 million, or...
Tech Mahindra Inaugurates 5G Innovation Lab in Bellevue
Brings together software and hardware developers, operators, and cloud service providers to co-create solutions to define a new era of customer experience (EDITOR’S...
CEP Multifamily Spends $24MM for 92-Unit 5 Points Apartments in Vancouver, WA
Everett, WA, May 26, 2022 – CEP Multifamily announced their May 26, 2022, acquisition of 5 Points, a newly constructed, 92-unit apartment community in...
49-Unit Apartment Community in Seattle’s Capitol Hill Neighborhood Trades for $14.25MM
By Catherine Sweeney In recent months, multifamily property in Seattle has been selling left and right. One recent sale in Seattle’s Capitol Hill...