News Releases
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...
Security Properties Acquires Las Vegas, NV Avanti Apartments
SEATTLE, June 28, 2016 — On June 23, 2016, Security Properties purchased Avanti Apartments, a 414-unit, Class A multifamily property located in Las...
CalPERS to Commit Up to $11 Billion with Emerging and Transition Managers by 2020
SACRAMENTO, CA – The California Public Employees’ Retirement System (CalPERS) will hold a global solicitation process for its new Transition Manager Program that...
Newmark Realty Capital Secures $40MM for Ballard’s On the Park Apartments
Newmark Realty Capital, Inc. has arranged permanent financing in the amount of $40,000,000 for a 2009 construction, 268-unit apartment complex with 43,000 square...
America’s Seniors See Home Equity Climb To $6 Trillion Despite $4.9 Billion Increase In Mortgage Debt
WASHINGTON, June 21, 2016 — The National Reverse Mortgage Lenders Association reports today that U.S. homeowners aged 62 and older are holding more...
City of Bellevue, Rotary Launch Downtown Park Improvements
Today city representatives joined the Bellevue Rotary at Downtown Park to kick off construction of the highly-anticipated last segment of the circular promenade...
