Industry News
SARES•REGIS Raises $300MM for Value-Add Multifamily Fund Focused on the Western United States
IRVINE & SAN MATEO, Calif.–On August 19, 2016, the Sares-Regis Multifamily Value-Add Fund II (the “Fund”) held a final close, having raised over...
LUMA To Open Its Doors at 85 Percent Sold
First Hill’s High-Rise Condominium Welcomes New Residents This Month SEATTLE—September 7, 2016 – With construction complete and 85 percent of the building pre-sold,...
NorthMarq Arranges $21.5MM Refinancing for Colonial Square Apartments in Bellevue
DENVER (September 7, 2016) – NorthMarq Capital’s Denver office arranged a Fannie Mae DUS refinancing of $21,500,000 for Colonial Square Apartments, located at...
CBRE Capital Markets Secures $29.5MM In Construction Financing For The Uptown Apartment Community In Vancouver, WA
Portland, OR – August 25, 2016 – CBRE Capital Markets’ Debt & Structured Finance team partnered with Cascadia Development Partners and HomeStreet Bank...
Chicago-Based Bridge Development Partners Break Ground on New 241,000 SQ FT Cold Storage Facility In Burien
By Kristin Bentley Bridge Development Partners, LLC, a Chicago-based developer, broke ground Wednesday on the construction of its Northeast Redevelopment Area (NERA), in...
Skanska to Build Curio Collection by Hilton Hotel in Seattle for $52MM
ÖSTERSUND, Sweden–Skanska (STO:SKAB) has signed a contract with the Widewaters Group to build the new Charter Hotel, which will be part of the...
Nordstrom Rack To Open In Kirkland, WA
SEATTLE, Aug. 31, 2016 — Seattle-based Nordstrom, Inc. (NYSE: JWN) announced today its plans to open a Nordstrom Rack at The Village at...
City Of Seattle Approves Northgate Station Light Rail Transit Facility
By Kristin Bentley Sound Transit’s plan for a light rail transit facility in the Northgate neighborhood of Seattle was approved by the city...
Sound Transit Makes Deal For Major New Housing And Retail Development Adjacent To Capitol Hill Light Rail Station
More than 300 apartments, affordable housing, retail, farmers market part of $19 million deal The Sound Transit Board yesterday approved the agency’s largest...
W Seattle Unveils Completion of Multi-Million Dollar Renovation
Stunning Redesign of all 415 Guest Rooms and Nine Suites Complete Hotel’s Phased Makeover, Channeling the Natural Beauty of the Emerald City in...
Construction Begins On Columbia Pacific Advisors’ Danforth Apartment Tower And Whole Foods Market In Seattle’s First Hill
SEATTLE — Columbia Pacific Advisors, an alternative investment firm in Seattle, Wash., has begun construction on The Danforth, a luxury apartment tower that...
The 1928 Publix Hotel is Transformed Into 125 New Apartments
Significant Day for Seattle’s Chinatown International District Seattle, WA. – August 24, 2016 – The Publix Hotel next to the Chinatown Gate in...