Industry News
ICYMI: Puget Sound Multifamily Summit, pt. 1
Brought to you by: The Puget Sound Multifamily Summit is a two-part web event that provides a comprehensive industry and economic overview of...
Expedia Pulls Out of 25,000 SQFT Hong Kong Lease After Just Two Years
By Meghan Hall The pandemic has been particularly tough on the hospitality and travel industries, and those impacts are beginning to show, even...
City of Seattle Office of Housing Creates Plans to Deliver 500 Permanent Homes in Response to Public Health Crisis
Office of Housing Accelerates Funding and Alternative Construction Methodto Support Long-term Solution to Homelessness, Which Disproportionally Impacts People of Color Seattle (June 10, 2020) – Mayor Jenny A. Durkan announced that the City...
Multifamily Developer Cityview Waits in the Wings for Post COVID-19 Opportunities
By Meghan Hall Market corrections are events which test the patience of investors, and the economic impacts of the current pandemic are no...
Port Commission Negotiates Lease Extensions for Airport Dining and Retail Tenants
Port of Seattle Commissioners approved extensions of leases for current airport, dining, and retail (ADR) tenants by up to three years today. The...
NMHC Rent Payment Tracker Finds 80.8 Percent of Apartment Households Paid Rent as of June 6
The NMHC Rent Payment Tracker is powered by Entrata, MRI Software, RealPage, ResMan and Yardi Washington, D.C. – The National Multifamily Housing Council (NMHC)’s Rent Payment Tracker found 80.8 percent...
Marysville Retail Center Trades for $7.7MM
Hanley sells 3rd multi-tenant retail center at record pricing in the last 10 months for total consideration of $18 million in the state of Washington MARYSVILLE, Wash. —...
Lennar Closes on 32-Acre Property for $13.5MM Near Lake Stevens, Wash.
By Meghan Hall Lennar Corporation has closed a deal on a large swath of land in Lake Stevens, Wash., as it prepares to...
Oregon Pension Fund Allocates $250MM for Apartment Investments with Seattle Among its Targeted Markets
By Jon Peterson As the multifamily market continues to drive interest from private and institutional investors, more investment dollars seem to be allocated in...
Unico Invests $13.5MM, Brings on Equity Partner for QOZ Property in Tacoma
By Meghan Hall Unico is continuing to invest extensively into Tacoma’s Washington Building. According to public documents, Unico spent $13.5 million at the...
NAIOP Survey Reveals CRE Industry Sentiment Post-COVID-19 Cautiously Optimistic
By Meghan Hall While the long-term fiscal and economic impacts of the current pandemic remain unclear for many, there could be a slight...
The Post-COVID-19 Office Development is Already Here—In Renton
By Meghan Hall Developers and architecture firms have all been speculating what office design will be like in the future as a result...
