John Burns: The Foreclosure Generation: From 4% Above Norm to 7% Below Norm Homeownership

By John Burns, CEO Those born in the 1970s have fallen from having a 4% higher than normal homeownership rate in 2004 to a 7%...
Updates Housing Strategy Bellevue City of Bellevue Affordable Housing Seattle Puget Sound

City of Bellevue Updates Affordable Housing Strategy

With the cost of renting or owning housing in Bellevue rising faster than income for many in the region, housing is not affordable to a significant portion...
Employees Retirement System of Texas, Texas Employees, San Francisco Bay Area, Seattle, Austin

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 $300...

Seattle Mayor Murray, U.S. Senator Murray and U.S. Senator Cantwell Applaud $45MM Grant for...

SEATTLE (September 7, 2016) – Mayor Ed Murray, U.S. Senator Patty Murray, and U.S. Senator Maria Cantwell today applauded the approval of $45 million...
First Hill, LUMA Condominiums, Lowe Enterprises, Weber Thompson, Red Propeller, Seattle, McAvoy Real Estate, Lease Crutcher Lewis

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, LUMA Condominiums...
NorthMarq, Colonial Square Apartments, Bellevue, Puget Sound, Weidner Investment Services, Fannie Mae

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 1616...
Stone34, Seattle, Deep Green Pilot Program, Laird Norton Properties, Unico Properties LLC, Skanska USA, Brooks Running Company

Stone34 is First Commercial Development to Complete City of Seattle’s Highly-Anticipated Deep Green Pilot...

With Laird Norton Properties, Unico Properties LLC, Skanska USA, Brooks Running Company, and Other Key Partners, Stone34 Exceeds Program's Rigorous Benchmarks Becoming One of...

CPP Closes $16.5MM Housing Authority Deal to Rehabilitate 68 Townhomes in Portland

Affordable housing community acquisition is company’s first in Oregon IRVINE, CALIF. (Aug. 30, 2016) – Community Preservation Partners (CPP), an affordable housing rehabilitation company that...
Vancouver, CBRE Capital Markets, Cascadia Development Partners, HomeStreet Bank, Uptown Apartments

CBRE Capital Markets Secures $29.5MM In Construction Financing For The Uptown Apartment Community In...

Portland, OR – August 25, 2016 – CBRE Capital Markets’ Debt & Structured Finance team partnered with Cascadia Development Partners and HomeStreet Bank on...
Seattle Mayor Seattle Parks and Recreation Seattle Community Centers

Seattle Mayor Unveils New Strategic Plan For City’s Community Centers

Investments to be included in Mayor’s 2017 proposed budget SEATTLE (September 1, 2016) – Today Mayor Ed Murray was joined by Seattle Parks and Recreation Director Jesús...

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