News Releases
BNBuilders Wins 2024 AGC National Construction Safety Excellence Award
SAN DIEGO, May 8, 2024 — BNBuilders has been awarded the 2024 AGC National Construction Safety Excellence Award in the 1 million to 2.5 million man-hours category....
WNC & Associates Closes $302MM Affordable Housing Fund Across 16 States
IRVINE, Calif., May 09, 2024 — WNC & Associates (WNC), a family-owned business known as both a pioneer and leader in the affordable housing industry,...
Mortgage Rates Decrease for the First Time Since March
MCLEAN, Va., May 09, 2024 — Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed-rate mortgage (FRM)...
Essex Property Trust Acquires JV Partner’s Stake in 1,480-Unit Apartment Portfolio for $505MM, Including Property in Bothell for $62MM
(EDITOR’S NOTE: The properties that were part of the deal included the 440-unit The Havens apartment complex in Fountain Valley, which is located...
Aegis Living Opens New 136-Unit Community in Seattle’s Laurelhurst Inspired by University of Washington
May 8, 2024 (Bellevue, Wash.)—Aegis Living, a leader in senior living and memory care, has opened Aegis Living Laurelhurst, a new community inspired...
City of Tacoma Creates New Land Use Permit Process with Ordinance Passage
TACOMA, Wash. – With the passage of Ordinance 28966, the City of Tacoma – through an Urban Design Project Review – will create...
$14.5MM in Permanent Loans Secured for Two Seattle Multifamily Properties
Capitol Hill Class A Apartment Building and Student Housing Land Lease Financed with Fixed Rate Life Insurance Company Debt; Life Companies Remain Attractive...
Stockbridge Holds $709MM Final Close for Fifth Value-Add Fund
SAN FRANCISCO, May 3, 2024 — Stockbridge is pleased to announce the final close of the fifth fund (the “Fund”) within its closed-end value-add series for $709...
Lane Powell Announces Move to Seattle’s Russell Investments Center in 2025
Firm Announcement Lane Powell will move its Seattle headquarters in June 2025 to the Russell Investments Center. This move will encompass over 250...
Mayor Harrell Presents $1.45B Transportation Levy Proposal
Responsive to community feedback, Mayor added more funding for sidewalks, transit connections, bridge repair, maintenance and modernization SEATTLE – Today, Mayor Bruce Harrell unveiled...
The PAE Living Building in Portland Receives Full Living Building Challenge Certification
The building generates 113% of the energy it needs from solar, captures rainwater for drinking, and screens out hazardous chemicals. It is transforming...
LGI Homes Offers First Built Green Certified Homes in Tacoma
TACOMA, Wash., May 01, 2024 — LGI Homes, Inc. (NASDAQ: LGIH) announces the opening of its newest community, in Tacoma, Washington. Heritage Gardens offers affordable new construction...
