Industry News
Senior Community Revel Kirkland Sold in $56.7MM Transaction to Los Angeles Investor
By Meghan Hall Less than a year after acquiring a shovel-ready senior community development in Kirkland, Menlo Park, Calif.-based Katerra Construction has sold...
At the intersection of housing and health: Runberg Architecture Designs Ultra-Efficient, Affordable, Mixed-Use Residential Project
Creating housing for those exiting homelessness, the project combines care with sustainability Seattle, WA (September 2020)—Offering supportive housing to individuals exiting homelessness is...
Mayor Durkan Announces Investment of $34MM to Move More People Experiencing Unsheltered Homelessness into Housing
One-time Emergency Resources Provide a Surge of New Short-term Shelter Plus Increased Rapid-Rehousing and Diversion Funds Supplementing Nearly 600 New Permanent Supportive Housing Units Coming On-line in 2021 Seattle (October 1) – Mayor Jenny A. Durkan today announced her proposal to move hundreds of people living unsheltered into safer spaces as...
Gantry Arranges Nearly $5MM in Financing for South Seattle Industrial Park
SEATTLE (October 1, 2020) – Gantry, the largest independent commercial mortgage banking firm in the U.S., secured a $4,700,000 loan for South Park...
Podcast: Matt Slepin, Founder of Terra Search Partners
Today, we sit down with Matt Slepin, the founder of Terra Search Partners, a Bay Area-based executive search firm that specializes in the real...
Sacramento-Based Publishing Company McClatchy Buys Offices of Tacoma News Tribune for $16.25MM
By Meghan Hall McClatchy, a Sacrament, Calif.-based national publishing company has closed on a deal to purchase the Tacoma News Tribune offices. McClatchy...
As Pier 58 is Carefully Removed, City’s Vision for Replacement Takes Shape
By Meghan Hall Seattle’s Pier 58 made headlines several weeks ago when part of the aging structure collapsed, injuring two construction workers. As...
Swift Buys Bellevue’s Columbia West Building for $72MM
(EDITOR’S NOTE: Swift paid $72 million, or $480 per square foot, according to public records.) San Francisco, Calif. – Swift Real Estate Partners...
Undeterred by COVID-19, The Wolff Company and Revel Communities Mark Out Puget Sound as Market for Growth and Expansion
By Meghan Hall Senior and independent living communities made headlines this spring when one such facility became one of the first to be...
Shidler Puts Microsoft-Leased Bellevue Campus Back on Market, Current Value is ~$190MM
By Jon Peterson Honolulu-based The Shidler Group has decided to put back on the market for sale the 601,000 square foot Advanta Edge...
Entitled U-District Development Sites Hit the Market
By Meghan Hall Seattle’s University District has experienced tremendous growth over the past several years, thanks in large part to its budding student...
84-Unit Centralia Multifamily Asset Trades for $12.9MM
CENTRALIA, WA – Summerfield Commercial is pleased to announce the sale of Park Center Apartments, an 84-unit community located in Lewis County. Park...