Industry News
Sound Transit Announces Link 1 Line Service to Federal Way Begins Dec. 6
Three new Link light rail stations serving South King County to debut Sound Transit announced today that passenger service will begin on the...
Spokane Indian Housing Authority Buys 108-Unit Swiss Gables Apartments in Kent for $23MM
(Editor’s Note: According to King County public records, the sales price was $23 million, or about $212,962 per unit, and the buyer was...
L5 Investments Sells 97-Unit The Montrose in Burien for $18MM
By The Registry Staff A multifamily property in the Seattle metro area has traded hands after hitting the market earlier this year. The...
Compass Health Opens 70,000 SQFT Marc Healing Center in Everett
This month, Compass Health’s new Marc Healing Center officially opened its doors to the public. The Marc Healing Center, located in Everett’s core...
Seattle Construction Costs Rise 2.4% as Labor Market Shrinks 7% in Challenging Quarter
Seattle’s construction market experienced a measured 2.37 percent cost increase in the second quarter of 2025, positioning the Pacific Northwest hub near the...
Portland Defies National Construction Cost Surge With Minimal Increases
While construction costs soared across most major U.S. markets in the second quarter, Portland emerged as an unexpected bright spot, posting the nation’s...
Eastern Washington’s Apartment Market Hits the Brakes After Boom Years
The Eastern Washington apartment market, once a darling of real estate investors during the pandemic boom, has experienced a more challenging environment, recently....
Hazel Dell Retail Center in Vancouver, Wash. Secures $27.8MM Permanent Refinance
Hazel Dell Retail Center Includes Range of Big Box Tenants Including Safeway, Ross, Marshalls, Parkrose Hardware, and Roster of Restaurants, Retailers and Services;...
Bothell’s Biotech Blues: A Life Sciences Hub Under Pressure
A string of facility closures and workforce cuts threatens the Seattle suburb’s ambitions to become a major biotech center The signs of distress...
Seneca Development Moves Forward with 204-Unit Residential Complex in Portland with Purchase of Project Site
By The Registry Staff Plans for a shuttered Rite Aid store in Southeast Portland to be redeveloped into a 200-plus-unit multifamily complex continue...
Construction to Begin on Johnson & Carr’s 134-Unit Mixed-Use Project in Seattle’s Eastlake
By The Registry Staff Seattle-based Johnson & Carr is set to begin construction on a 134-unit mixed-use apartment development in Seattle, according to...
After $145MM Seattle Hotel Sale, Braemar Hotels & Resorts Puts Company on the Block
Dallas REIT completes $145MM Marriott Seattle Waterfront sale as company pursues complete portfolio liquidation The recent $145 million sale of the Marriott Seattle...
