Industry News
IEC Announces Final Closing of Its Fifth Institutional Fund Totaling $445 Million
Los Altos, Calif., (March 17, 2022) – Institutional fund manager and value-add investor Interstate Equities Corporation (IEC) has announced the final close of its fifth institutional...
Multi-Housing Development in Shoreline Secures $15MM Subordinate Loan from The Amazon Housing Equity Fund
SEATTLE, March 17, 2022 – JLL Capital Markets announced today that it has arranged the $15 million subordinate loan from The Amazon Housing Equity Fund...
TPG Real Estate Bets $760MM on Industrial and Life Science Properties Across the Country
By Jon Peterson The US industrial and life science markets continue to gain interest from institutional investors across the country, and one of...
Bosa Development Begins Construction on Transformative New 57-Story Mixed-Use Residential Tower in Downtown Seattle
Dynamic New Project Located on Vacant City Block Across from Seattle City Hall to Feature 422 Condominium Residences, 15,000 Sq. Ft. of Retail...
Retail’s New COVID Rules
By John Cumbelich The Ides of March was celebrated in ancient Rome on March 15th each year, as the deadline for settling debts. As the commercial real...
NHC Discusses Potential Benefits of Employer Assisted Housing Programs
By Catherine Sweeney A housing concept frequently utilized in the early 2000s could be a beneficial solution for first time homeownership, employee retention...
Steelcase Global Research Report Finds That “Talent is the Only Renewable Resource”
By Jack Stubbs Since the start of the coronavirus pandemic in early 2020, employees and employers alike have been reevaluating the nature of...
Iconic Dukes on Alki Building in West Seattle Sells for Nearly $5 Million — 43% Above Pre-pandemic Sale in 2015
Seattle, Wash. – The Duke’s Seafood building on West Seattle’s Alki Beach has sold for $4.85 million. Kidder Mathews Vice President Jason Miller...
Amazon Commits $42.5MM to Create More Than 300 New Affordable Homes Near Light Rail Stations in the Puget Sound Region
Affordable housing investments in two new residential buildings are among Amazon’s first from its $300 million transit-oriented development commitment In 14 months, Amazon has committed more than $344.3...
There’s More to a Home than Bricks and Mortar
By Paul Johnson and Kris Maher If the last two years have taught those of us in the homebuilding industry anything, it is...
11-Story Office-Turned-Life Science Project Faces Critical Design Review Board
By Meghan Hall When the COVID-19 pandemic hit, many projects in Seattle’s development pipeline were moved into administrative reviews, and are just now...
Vigor Shipyards in Seattle Trades for $181MM
By Meghan Hall The week is ending with a bang in Seattle, where a shipyard at the mouth of the Duwamish River and...
