News Releases
KBS Signs 21,702 Square Feet at The Park at Woodinville in Woodinville
WOODINVILLE, Wash., (July 5, 2016) – KBS Realty Advisors of Newport Beach, California announced today the signing of two leases totaling 21,702 square...
Washington Holdings Buys Courtyard Seattle for $84.5MM
(EDITOR’S NOTE: Public records show that Washington Holdings was the buyer of the asset.) DALLAS, July 5, 2016 — Ashford Hospitality Prime, Inc. (NYSE: AHP) (“Ashford Prime”...
Seattle, NYC Mayors Urge Expansion of Low-Income Housing Tax Credit
SEATTLE (July 1, 2016) – Seattle Mayor Edward Murray and New York City Mayor Bill de Blasio are calling on Congress to expand...
CBRE: Highly Skilled Workers Are Flocking to Affordable Markets with a Growing Tech Presence
To view the full report, please click here. LOS ANGELES–San Francisco remains the nation’s leading tech market, but the competition for talent is getting...
Hines REIT to Dissolve, Sell 7 West Coast Assets for $1.162B Including 3 in Puget Sound
Hines Real Estate Investment Trust, Inc. (“Hines REIT” or the “Company”), one of three public non-listed REITs sponsored by Hines, announced today that...
Ares Commercial Real Estate Corporation to Sell Its Mortgage Banking Subsidiary ACRE Capital to Cornerstone Real Estate Advisers
Purchase Price of $93 Million Results in Substantial Gain and Return on Investment Capital to be Redeployed in Principal Lending Business and Expected...
Navigant Research: Global Revenue for Energy Efficiency Retrofits in Small and Medium Commercial Buildings is Expected to Reach $36.8 Billion in 2025
BOULDER, Colo.–A new report from Navigant Research analyzes the state of the global market for energy efficiency retrofits in small and medium commercial...
Construction Begins on 77 New Homes for Homeless Individuals
SEATTLE (June 29, 2016) – Today Mayor Ed Murray celebrated 77 new apartments being built to provide permanent supportive housing to homeless individuals...
Touchstone Named NAIOP 2016 Developer of the Year
Seattle commercial real estate leader honored for company performance, commitment to sustainability June 28, 2016 – NAIOP, the Commercial Real Estate Development Association,...
First Hill’s Luma Now 68 Percent Sold
SEATTLE—June 29, 2016—Representatives for Luma Condominium, currently under construction in Seattle’s First Hill neighborhood, today announced sales for the 24-story condominium tower are at...
Schnitzer West and Investcorp Purchase 901 Fifth Office Tower for $223.3MM
(EDITOR’S NOTE: According to public records, the property sold for $223.3 million, or $413 per square foot. The seller of the property was...
Advisors Mortgage Company Opens Kirkland, WA Branch
KIRKLAND, Wash., June 28, 2016 — Announcing the opening of the Kirkland branch of The Advisors Mortgage Company. The Advisors Mortgage Company is...
