Industry News
Berkadia Brings 71-Unit Mixed-Use Camelia on Bainbridge to Market on Washington’s Supply-Constrained Island
The core-plus multifamily and retail asset in the heart of Bainbridge Island’s Winslow Centre offers investors diversified income streams and proven value-add upside...
Bellevue Council Advances Mixed-Use Zoning Overhaul Requiring Affordable Housing and Allowing Taller Buildings Citywide
The Housing Opportunities in Mixed-Use Areas proposal would reshape development standards across Bellevue’s neighborhood centers and transit corridors following unanimous Planning Commission support....
Bellevue Advances Record $37MM Affordable Housing Investment Spanning 271 Units Across Four Projects
The City Council’s largest single funding round draws from both the Housing Stability Program and a newly tapped Affordable Housing Fund to accelerate...
Amazon Commits $50 Billion to OpenAI in Landmark AI Partnership, Expanding AWS Cloud Deal by $100 Billion
The multi-year strategic partnership will deliver a jointly developed Stateful Runtime Environment, exclusive cloud distribution for OpenAI Frontier, and customized models to power...
Brown Bear Car Wash Acquires 12,300 SQFT Former Rite Aid in Kirkland’s Totem Lake for $8MM
The Pacific Northwest car wash operator returns to a site it occupied for 14 years, planning to convert the former drugstore into a...
Unico Properties Selected as Property Manager of Five Oak in Downtown Portland After Recent Sale
In Partnership with Jeff Swickard, owner of both buildings, Unico Remains Committed to Portland’s Recovery PORTLAND, Ore. (February 26, 2026) – Unico Properties...
InSite Property Group Acquires 75,000 SQFT Tukwila Self Storage Facility for $14.7MM
The Torrance-based vertically integrated operator expands its SecureSpace brand into the Seattle metro, targeting one of the nation’s highest-occupancy self-storage markets An entity...
Berschauer Group Plans 50-Unit Residential Conversion of Tacoma Office-Parking Building
The Olympia-based general contractor filed pre-application documents for the conversion of a four-story structure at 1149 Market Street Fifty residential units are planned...
Seattle Emerges as Prime Target for TruAmerica’s $708MM Workforce Housing Push
Los Angeles-based investment manager eyes garden-style apartment communities in the Seattle metro as shrinking supply and rising renter demand converge As Los Angeles-based...
Legacy Partners, Silverpeak Announce Development of 138-Unit Ravine Ridge in Port Orchard with $24.28MM Construction Loan
Partnership closed loan from PNC for $24.28 millionPORT ORCHARD, Wash. (Feb. 25, 2026) – Legacy Partners (“Legacy”), a privately held national real estate...
Hudson Pacific’s $278MM Quarterly Loss Casts Shadow Over Seattle Portfolio as Amazon Anchor Holds but Pioneer Square Struggles
West Coast REIT posts fourth straight quarterly loss and $572MM full-year deficit while nine-property Puget Sound platform shows 69.5 percent occupancy and Washington...
Rhino Investments Group Secures $42.8MM to Refinance Multi-State Retail Portfolio that Includes 109,000 SQFT Salem, Ore. Property
Life Company Execution Supports Lease-Up and Preserves Asset-Level Flexibility for Rhino Investment Group Properties in California, Illinois, Oregon, and Wisconsin Irvine, Calif. (February...
