Industry News
Seattle’s Cubix North Apartments Secures $13MM in Funding
Seattle, WA (January 22, 2019) – CBRE Capital Markets’ Debt & Structured Finance team has secured long-term refinancing for the Cubix North Apartments,...
Anchor Health Properties Buys Two Kitsap Medical Office Buildings for $17.6MM
(EDITOR’S NOTE: According to public documents filed with the Kitsap County, Achor Health Properties paid $17.6 million, or just over $130 per...
Beacon Capital Raises $1.58B for New Fund, Will Likely Invest in Seattle
By Jon Peterson Boston-based Beacon Capital Partners has concluded a $1.58 billion capital raise for its latest commingled fund known as Beacon Capital...
Lennar Opens Eight New Model Homes at Ten Trails
Grand Opening Festivities Take Place January 26th BELLEVUE, Wash. – Oakpointe Communities is pleased to announce that homebuilder Lennar will open eight new...
Unico Sells 27-Building Portfolio to Goldman Sachs for $710MM
The commercial real estate investment company will continue to operate and manage properties in the portfolio as it embarks on a new partnership....
Seattle’s Life Sciences Market Exceeds Expectations in 2018
By Meghan Hall Seattle has emerged as one of the nation’s top locations for life sciences employment, and NIH and venture capital funding...
ScanlanKemperBard Secures $32.5MM Acquisition Financing for Mixed-Use Campus in Seattle’s Georgetown Neighborhood
SEATTLE, WA (January 17, 2019) – Holliday Fenoglio Fowler, L.P. (HFF) announces the $32.5 million financing for the acquisition of the Original Rainier...
LMC Announces Opening of Axle Apartments in Seattle
Midrise Adds Fully Integrated Smart-Home Living Experience to Interbay Neighborhood SEATTLE, Dec. 20, 2018 – LMC, a leader in apartment development and management,...
Carmel Partners’ 171-Unit Apartment Building in Seattle’s Ballard Neighborhood Receives Design Approval
By Meghan Hall The trendy waterfront neighborhood of Ballard is set to welcome a new, 171-unit mixed-use development after Seattle’s Northwest Design Review...
25-Story Hotel Proposed for Downtown Seattle Breezes Through Early Design Review
By Meghan Hall The project team for tommie — an urban lifestyle hotel and furnished apartment building located in the heart of Seattle...
Greystar Expands San Francisco & Seattle Portfolio with Six New Projects
San Francisco, CA (January 15, 2019) – Greystar, a global leader in the investment, development and management of multifamily housing, has announced the...
Vekst Development’s 43-Unit Capitol Hill Development in Seattle Poised to Bring Needed Condo Inventory to Market
By Meghan Hall Seattle’s condominium market is tough on developers, with liability laws and the expense of development making construction almost infeasible over...
