Industry News

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Data Challenges Narrative on Institutional Investors and Homeownership Crisis

U.S. Lost 1.5 Million Single-Family Rentals as Individual Homebuyers Outcompeted Investors, Contradicting Claims About Institutional Impact on Affordability The heated debate over institutional...

NY State Pension Fund Taps Bridge Investment for $600MM Logistics Fund Targeting California and Pacific Northwest, Adds $181MM in Apartments

Pension fund establishes dedicated development vehicle while adding nearly $181 million in West Coast apartments to direct holdings The New York State Common...

Pacific Urban Investors Sells 206-Unit Terra at Hazel Dell in Vancouver, Wash.

1991-built property near Salmon Creek medical corridor was marketed alongside Haven at Golf Creek A 206-unit garden-style apartment community in Vancouver, Washington, has...

Legacy Partners Proposes 170-Unit Residential Project in Seattle

Legacy Partners’ 170-unit project near Fremont Hub would preserve historic Shannon & Wilson Building while adding commercial space and underground parking Seattle could...

Portland Staffing Firm Boly:Welch Moves Downtown with New 6,000 SQFT Lease

Firm reduces footprint by 2,000 square feet but stays committed to downtown presence A prominent Portland staffing and recruiting firm is relocating within...

Consumer Prices Expected to Rise 0.35% in December After Data Collection Issues

Wells Fargo forecasts 2.7 percent year-over-year headline inflation, down from September peak despite monthly rebound The longest government shutdown in U.S. history created...

Manufacturing Sector Closes 2025 With 10th Consecutive Month of Contraction, ISM Index at 47.8

Employment gauge shows modest improvement despite persistent weakness in new orders and production activity The disconnect between America’s booming overall economy and its...

BNBuilders Partnership Proposes 21-Story Mass Timber Tower to Replace Departing Ross Store in Downtown Seattle

$160-180 Million Development Would Bring 340 Family-Sized Apartments to Key Third Avenue Location A developer has unveiled plans for a 21-story mass timber...

Security Properties Withdraws from Purchase of Former QFC Site in Seattle Planned for 317-Unit Residential Project

Developer Cites Market Conditions and Failed Negotiations After Four Years Under Contract for Wedgwood Redevelopment Security Properties has withdrawn from an agreement to...

Seattle Condo Market Shows Divergence as High-Rises Gain 6.3% While Mid and Low-Rises Decline

Transaction volumes fall 5.4 percent to 839 sales as inventory tightens to 4.4 months, with all-cash deals rising to 32.2 percent of purchases...

Volvo Group Invests $37.7MM in Pacific Northwest Distribution Hub Amid Trade Headwinds

Swedish manufacturer doubles down on North American logistics infrastructure as tariff pressures reshape supply chain strategies The Volvo Group is moving forward with...

Sagard Real Estate Buys 162,400 SQFT Industrial Portfolio in Auburn for $27MM

(Editor’s Note: According to King County public records, the sales price was $27 million, or about $166 per square foot.) AUBURN, WA –...

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