News Releases
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...
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...
Seattle Mayor Murray, U.S. Senator Murray and U.S. Senator Cantwell Applaud $45MM Grant for Lander Street Bridge Project
SEATTLE (September 7, 2016) – Mayor Ed Murray, U.S. Senator Patty Murray, and U.S. Senator Maria Cantwell today applauded the approval of $45...
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,...
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...
Stone34 is First Commercial Development to Complete City of Seattle’s Highly-Anticipated Deep Green Pilot Program
With Laird Norton Properties, Unico Properties LLC, Skanska USA, Brooks Running Company, and Other Key Partners, Stone34 Exceeds Program’s Rigorous Benchmarks Becoming One...
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...
CBRE Capital Markets Secures $29.5MM In Construction Financing For The Uptown Apartment Community In Vancouver, WA
Portland, OR – August 25, 2016 – CBRE Capital Markets’ Debt & Structured Finance team partnered with Cascadia Development Partners and HomeStreet Bank...
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...
Skanska to Build Curio Collection by Hilton Hotel in Seattle for $52MM
ÖSTERSUND, Sweden–Skanska (STO:SKAB) has signed a contract with the Widewaters Group to build the new Charter Hotel, which will be part of the...
Nordstrom Rack To Open In Kirkland, WA
SEATTLE, Aug. 31, 2016 — Seattle-based Nordstrom, Inc. (NYSE: JWN) announced today its plans to open a Nordstrom Rack at The Village at...
Weber Thompson Ranks 16th in Building Design + Construction’s Top 110 Multifamily Architects List
August 30th, 2016 – Weber Thompson has been ranked as the nation’s sixteenth largest firm specializing in multifamily architecture. The ranking is a...