News Releases
Home Buyer Frustration Builds as Inventory Shrinks, Prices Rise
KIRKLAND, Washington – Home prices in King County hit new highs in February as buyers tried to outbid each other for the sparse...
Redfin: New Home Listings Surged 12% in February, Slowing the Rate of Inventory Declines
Median Sale Price Growth Slowed to 4.8 Percent Inventory Fell to Record Lows in Seattle, Portland, Louisville and Other Regions SEATTLE — March...
Recent Deals Completed by The Andover Company
Seattle, WA; March 15, 2016 – The Andover Company/CORFAC International announced the closing of 12 deals covering over 198,000 square feet over 30...
Downtown Seattle Condominium Prices Decreased 8 Percent in February
New Construction Inventory Declined 7 Percent in February to 307 Available Units, According to The Mark Company Trend Sheet Seattle – March 15,...
Mayor Murray Announces Touchstone will Take on Civic Square Project in Seattle
Triad Development asks to assign its interest to Touchstone SEATTLE (March 14, 2016) – Triad Development has submitted a formal request to the city to transfer...
John Burns: Will Boomer Homeownership Fall?
by Jeff Kottmeier We believe it will. Seven of us attended the National Multifamily Housing Conference, one of the most informative conferences of...
Trion Properties Launches Debut Fund; Targets $30MM in Equity for $100MM in Buying Power
Los Angeles, California (March 11, 2016) – Trion Properties, a Los Angeles-based private equity firm that specializes in value-add multifamily investments, has announced...
Redmond’s Quadrant Willows Building C and E Sell for $25.65MM
Seattle, Wash. (March 11, 2016) – Equus Capital Partners, Ltd. a private equity fund real estate management company, has purchased Quadrant Willows Building...
CalPERS Settles Moody’s Negligent Ratings Case for Record $130 Million
SACRAMENTO, CA – The California Public Employees’ Retirement System (CalPERS) today announced it has settled its case against Moody’s and Moody’s Investors’ Services...
Columbia Pacific Advisors and The Archdiocese of Seattle Join Forces on 24-story Senior Care Development
SEATTLE — Columbia Pacific Advisors is entering into a long-term ground lease with the Archdiocese of Seattle and St. James Cathedral to build...
CBRE Capital Markets Secures $10.85MM in Financing for Three Office Buildings Located in Portland, OR
San Francisco – March 10, 2016 – CBRE Capital Markets’ Debt & Structured Finance team has secured $10,855,000 in non-recourse financing for three...
Kennedy Wilson Fund V Acquires Two Multifamily Properties in the Greater Seattle Area for $141MM
Company adds 613 units as Washington portfolio approaches 10,000 units BEVERLY HILLS, Calif.–Global real estate investment company Kennedy Wilson (NYSE:KW) today announced that...