Industry News
1MM SQFT Milwaukie, Oreg., Industrial Asset Secures $80.5MM Loan
NEW YORK–H.I.G. Capital (“H.I.G.”), a leading global alternative investment firm with over $47 billion of equity capital under management, is pleased to announce...
Designing for the Digital Age: Architectural Trends Shift to Meet Demand of Gen-Z Students
By Catherine Sweeney Architecture firms are rethinking the way they are designing student housing, as more of Generation-Z heads into higher education. According...
Sonnenblick-Eichner Company Arranges $39MM Interim Leasehold First Mortgage Financing for Downtown Hotel in Portland
Beverly Hills, CA — Sonnenblick-Eichner Company has arranged $39 million of non-recourse interim leasehold first mortgage financing for Moxy Portland Downtown, a 197-room...
Vulcan Real Estate Breaks Ground on 261-Unit Project, its Third Multifamily Development at Yesler
Wayfarer will increase Vulcan’s residential portfolio at Yesler to nearly 700 units SEATTLE, Wash. – Vulcan Real Estate announced today that it has broken ground...
Lift Partners Spends $14.5MM to Buy Seattle Industrial Property
By Meghan Hall San Francisco-based Lift Partners had a busy 2021 and looks to be carrying its momentum into 2022. In a deal...
Everett Multi-housing Community Secures $17.95MM Freddie Mac Senior Loan & $13.5MM Subordinate Loan from Amazon Housing Equity Fund
SEATTLE, Jan. 12, 2021 – JLL Capital Markets announced today that it has underwritten and closed a $17.95 million Freddie Mac Senior Loan and a...
San Diego-Based Investor Snaps Up Vancouver, Wash., Multifamily Portfolio for $136.8MM
By Meghan Hall A San Diego-based residential real estate company has snapped up a trio of Vancouver, Wash., multifamily assets in several deals...
Redfin to Acquire Bay Equity Home Loans for $135MM
Acquisition will give Redfin customers a broader suite of loan products in more markets and propel the company’s efforts to create a complete...
Gridiron Retail Space on Iconic Seattle Corner Sells for $5MM After Four Years of Vacancy
Seattle, Wash. (January 12, 2022) – The ground-floor commercial condo at the Gridiron Condos in Pioneer Square has sold for $5 million in...
Invesco Plans to Exceed Last Year’s Commercial Real Estate Transaction Activity Topping $11B
By Jon Peterson Dallas-based Invesco Real Estate is expecting to have a very active year in 2022 investing in properties across the country,...
Report: Seattle’s Office Market Sees Clear Trends–and Uncertainties–Persist
By Meghan Hall Like many urban areas, Seattle’s core office market recorded another slow year in 2021, highlighting the sticky nature of the...
Seattle Multifamily Development Site Changes Course, Seeks $9.8MM Pricing
By Jon Peterson While the multifamily market across the greater Puget Sound region continues to attract investors from across the country, shovel-ready development projects...