SRM Adds to Bellevue Portfolio, Purchases 11,285 SQFT Office Building for $20MM
By Catherine Sweeney
SRM Development is adding to its large Bellevue portfolio with its recent acquisition of The Radford Building. Located at 10423 Main Street,...
168-Unit The Gardens at Town Square in Bellevue Secures $33MM Refinance
SEATTLE, WASHINGTON (June 9, 2022) – Stuart Oswald, senior vice president/managing director of Northmarq’s Seattle office, arranged the $33 million refinance of The Gardens at...
TruAmerica Multifamily Acquires 156-Home Apartment Community in Lacey, Wash. for $54MM 
Los Angeles (June 9, 2022) – TruAmerica Multifamily has acquired The Dakota, a 156-unit garden-style apartment community in Lacey, WA, a suburb of Olympia...
PAE Living Building in Portland Opens
Portland, OR – The PAE Living Building, designed to meet the world’s most rigorous sustainability standards, has opened its doors in Portland, Oregon. The five-story,...
PEMCO Insurance to Explore Alternatives to Seattle Headquarters
PEMCO Mutual Insurance, the Northwest’s largest locally based auto and home insurance carrier, is exploring the sale of its company headquarters building, along with...
REDCO Development Buys Iconic Ballard Warehouse & Former Home of Hales Ales for $8MM
REDCO Development, a Bay Area-based developer focused on adaptive reuse and value-add industrial properties, and financial partner Blackbird Investment Group closed on the 35,750...
43-Unit Apartment Community in Burien Sells for $10.5MM
(EDITOR’S NOTE: According to public documents filed with King County, the property sale closed on 5/31/2022. The buyer was an entity based in Lakewood,...
Skillet Diner, Copperworks Distilling, and Amazon Among New Tenants in Seattle’s Waterfront Park District
Seattle, Wash. (May 31, 2022) – New leases surrounding Seattle’s waterfront show signs of a resilient retail market downtown. Kidder Mathews Vice President Jason...
Newly Developed 53-Unit Samish Station 1 & 2 in Bellingham Sell for $17.6MM
COSTA MESA, CA –The Mogharebi Group ("TMG") has arranged the sale of Samish Station 1 & Samish Station 2, a 53-unit community in Bellingham, WA. Samish Station's...
Next Wave Buys Two Multifamily Communities Totaling 110 Units In Beaverton for $30.5MM
Beaverton, Ore. (May 27, 2022) – Next Wave Investors, LLC (“Next Wave”), a private equity firm focused on value-add multifamily investments, has acquired two multifamily...
