Industry News

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Seattle Ends Dual-Striped Court Experiment as Pickleball Demand Reshapes Parks Strategy 

New Seattle Parks and Recreation strategy retires shared tennis-pickleball courts, names new sport hubs, and signals reliance on private facilities to meet pickleball...

Oregon’s In-Migration Slows for Second Straight Year, Squeezing Demographic Math Behind Portland CRE

Driver's license exchanges hit a five-year low in 2025, signaling fresh demographic drag on Oregon's office, multifamily and labor markets. Oregon's reliance on...

Prime-Age Labor Force Participation Hits 83.8%, Undercutting Work From Home Job-Loss Narrative 

Stanford economist Nick Bloom points to rising prime-age workforce participation and Fortune 500 hybrid adoption as evidence that remote work expands rather than...

Berkshire Hathaway Strikes $8.5B Deal to Take Taylor Morrison Private in Buffett-Era Housing Bet

All-cash .50-per-share offer hands Greg Abel his first marquee acquisition and gives Berkshire its first production-scale homebuilder. Warren Buffett's successor wasted little time...

Cardinal Equities Sells Entitled 140-Unit Bremerton Development Site Slated for Affordable Housing

A downtown Bremerton transit-oriented parcel, listed at $3.5 million, trades to a buyer planning to advance affordable housing minutes from the Puget Sound...

Lone Star Funds Wins Bid for Washington Holdings’ Assets in Portfolio Deal, Outbidding Brookfield and Hines

Dallas-based opportunistic investor clinches the Seattle platform's entire real estate book in one of the largest captive-pension dispositions in recent memory. Lone Star...

Nobu and Silverstein Unveil Move-In Ready Residences with 365-Unit Mixed-Use Site in Bellevue

The Downtown Bellevue project introduces fully integrated lifestyle living, from curated amenities to direct access to Nobu dining. NEW YORK, May 27, 2026...

King County Housing Authority Completes $125MM Kirkland Heights Expansion, Adding 96 Affordable Units

Three new buildings and expanded floors lift the income-restricted complex to 276 units as Kirkland confronts a steep gap between affordable housing supply...

The Springs Living Buys 3.5-Acre Issaquah Development Site for $14MM for 225-Room Senior Living Community

A Beaverton-based buyer associated with The Springs Living acquired a fully entitled lot inside Issaquah’s High Street Collection for a proposed senior living...

Macerich Lifts 2028 FFO Target to $2.00 as Path Forward Plan Hits Inflection Point

Santa Monica-based REIT raises its NOI ceiling and reports $1.3 billion in completed dispositions as record leasing momentum reshapes its Class A mall...

85,000 SQFT Portland-Area Gresham Square Retail Center Anchored by Wunderland Hits Market With Break-Up Option

An anchored shopping center in Gresham carrying a blue-chip tenant roster and one of the highest foot traffic rankings in the nation comes...

Privately Funded Elliott Bay Connections to Reopen 16-Acre Seattle Waterfront Parks on June 4

A philanthropy-backed overhaul of Myrtle Edwards and Centennial Parks closes a critical gap along Seattle's reimagined Elliott Bay shoreline, extending a continuous public...