Industry News
Swift Places Overlake 520 in Bellevue up for Sale with Potential Pricing in the Range of $62MM – $65MM
By Jon Peterson San Francisco-based Swift Real Estate Partners has placed on the market for sale the 146,093 square foot two-building Overlake 520...
Design Review Board Moves 7-Story Apartment Building at Fauntleroy Way to Recommendation Phase
By Bekka Wiedenmeyer The West Seattle Triangle neighborhood is a rapidly developing area on the precipice of major change with the future promise...
Esteemed Real Estate Legend, Gerald D. Hines, Dies at Age 95
Hines grew one-man, namesake firm into a distinguished global brand HOUSTON, Aug. 24, 2020 — Gerald D. Hines, founder and chairman of the preeminent...
Vancouver-Based Holman Automotive Group Purchases Lynnwood Parcel for $12.8MM
By Meghan Hall A Vancouver auto dealer could be expanding its reach in the city of Lynnwood after snapping up a vacant parcel...
Seattle’s Flats at Interbay Apartments Sells for $33.75MM
By Meghan Hall Well-located multifamily properties continue to attract interest from investors, and deals throughout the Puget Sound continue to close. In a...
63 New Homes Coming On Line in Issaquah
Eastside Master-planned Community Offers 63 Homes with Majestic Cascade Views and City Proximity ISSAQUAH, WASH. – Pacific Northwest land development contractor JR Hayes Corporation and regional home...
Highland Arranges $30.77MM in Acquisition Financing for Delano Apartments in Redmond
Highland procured a $30.77 million permanent loan to fund the sponsor’s acquisition of Delano Apartments, a 126-unit multi-family property located in Redmond, WA (Seattle MSA). The...
After Stern Community Feedback, Project Team for 114-Unit Residential Project in Seattle’s Othello Neighborhood Presents More Muted Design
By Meghan Hall Both developers and architects often look for ways to make their projects stand out, sometimes with limited success. For Bellevue-based...
Is Tacoma Getting an Amazon Office Outpost?
By Vladimir Bosanac In a move that could transform the second-largest Puget Sound city, Amazon is taking a look at Tacoma to lease...
DivcoWest Reaches $2.1B of Equity Raise for New Commingled Fund
By Jon Peterson San Francisco-based DivcoWest Properties has reached a total equity raise so far of $2.1 billion for its commingled fund DivcoWest...
Late-Summer Housing Market is Unseasonably Hot, Prices Up 10% and Pending Sales Up 13%
46% of homes had an accepted offer within the first two weeks on the market, the highest level since at least 2012 SEATTLE, Aug....
Residential Refinance Mortgages Make Up Nearly Two-Thirds of Home Loans in Q2 2020
Homeowners Refinance Loans at Highest Level in Seven Years;Dollar Amount of Refinancing at 17-Year High;Purchase and Home Equity Lending Down From Second Quarter...