Industry News
PGIM Buys Seattle Apartment Tower for $293MM
By Meghan Hall PGIM has made a big investment into downtown Seattle. In a deal that was finalized February 11th, but just recorded,...
Brewery Lofts in Tacoma Secures $13.3MM in Refinancing
Permanent Financing Positions Historic Adaptive Reuse Urban Loft Developer for Next Phase of Legacy Hold; Attractive Agency Financing Includes Interest-Only Period and Seven-Year...
Weber Thompson Announces the Retirement of Co-Founder Blaine Weber After 50 Years in the Industry
Seattle, WA – February 22, 2022: Seattle-based architecture firm Weber Thompson announced today that Senior Principal and Co-Founding Partner Blaine Weber, AIA, will...
Ivanhoé Cambridge Partners with Lendlease to Invest in Life Science Developments, Initially Plan to Spend $500MM of Equity
Partnership will source new development and redevelopment opportunities in established and emerging life science clusters across the U.S. MONTRÉAL and NEW YORK -Ivanhoé...
Report: U.S. Rental Rates to Continue Increasing in 2022
By Catherine Sweeney While it is only the beginning of 2022, multifamily rental rates are already seeing significant increases. According to a national...
Fivedot, Site Workshop, Celebrate Wenatchee’s Latino Community Culture through Kiwanis Methow Park’s Kiosko 
By Bekka Wiedenmeyer Kiwanis Methow Park is a 55,000 square foot park located in the City of Wenatchee, Washington. The park is comprised...
Podcast: Jim Carbone (CEO) & Connor Kidd (President) of Swig
The Swig Company is a privately owned real estate investor operator based in San Francisco with a venerable +80-year history of investment, development, partnership...
Drawbridge Realty Recapitalizes $1.7B Office Portfolio and Expands KKR Partnership with Long-term Funding from Global Atlantic
NEW YORK & SAN FRANCISCO – February 17, 2022 – KKR, a leading global investment firm, today announced that Global Atlantic Financial Group...
Seattle Vehicle Service Center to be Transformed into 45-Story Hotel and Multifamily Tower
By Meghan Hall Plans are taking shape to transform an underutilized vehicle service center in Seattle’s Belltown neighborhood into a sleek, ultra skinny...
167,000 SQFT Northlake Commons Life Science Project in Seattle Breaks Ground
Construction is set to begin on Northlake Commons, a 167,000-square-foot development designed for technology and life sciences, adjacent to Dunn Lumber near Lake...
Real Estate Investors Are Buying a Record Share of U.S. Homes
Investors bought 18.4% of the U.S. homes that were purchased in the fourth quarter, worth a total of nearly $50 billion SEATTLE–(NASDAQ: RDFN)...
Report Shows Promising Future Ahead for Flex Space Sector
By Catherine Sweeney Throughout the course of the COVID-19 pandemic, work environments have undergone drastic changes as many began working from home. Like...