Northmarq Arranges $74MM Construction Loan for Ember Apartments in Lynnwood, Washington

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SEATTLE, WASHINGTON – Jake Leibsohn, senior vice president and Ron Peterson senior vice president and managing director of Northmarq’s Seattle-based regional office arranged the $74,000,000...
Clarion Partners, CPX, Zolo LLC, Tukwila, Park Place Shopping Center

Clarion Sells Tukwila’s Park Place Shopping Center for $36MM

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[googlemaps https://www.google.com/maps/embed?pb=!1m14!1m8!1m3!1d86344.10701056677!2d-122.32455204295809!3d47.44600079748252!3m2!1i1024!2i768!4f13.1!3m3!1m2!1s0x0%3A0x6c05bdc82c8a127f!2sPark%20Place%20Shopping%20Center!5e0!3m2!1sen!2sus!4v1643904283878!5m2!1sen!2sus&w=800&h=450] (EDITOR’S NOTE: The property is located at 17585 Southcenter Parkway and totals 126,916 square feet. According to public records, Clarion Partners sold...

164 Units Across 40 Properties in Bremerton Trade for $18MM 

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164-units spread among 40 properties traded hands this January for $18,000,000. The portfolio primarily consisted of WWII-era military housing, with assets ranging in size from...
BNBuilders

BNBuilders Announces Transition to 100% ESOP

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Seattle, WA, January 31, 2022 – BNBuilders (BNB) is proud to announce they are now a 100% employee-owned company. As of December 23, 2021, the...

30-Unit Hudson Court Apartments in Tacoma Sells for $6.1MM

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(EDITOR’S NOTE: According to public documents filed with Pierce County, the transaction closed on February 1st, 2022. The seller was an entity associated with...

SB Real Estate Partners Acquires Bridge Creek Apartments in Vancouver, Wash., for $75MM

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Irvine, CA — SB Real Estate Partners (“SBREP”) has acquired Bridge Creek Apartments, a 270-unit garden-style multifamily community in the Portland, OR submarket of...

Loan Arranged for $71.1MM Acquisition of Portland Area Multifamily Community

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(EDITOR'S NOTE: According to public records, the property sold on January 11th for $71.1 million, or about $398,876 per unit.) CBRE has secured a $35...
Diversified Healthcare Trust, 47900 Bayside Parkway, 2904 Orchard, 8631 West 3rd, Los Angeles, San Jose, Bothell, 21717 30th Dr SE

Diversified Healthcare Trust Announces $703MM Joint Venture for 10 Properties in Its Office Portfolio...

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[googlemaps https://www.google.com/maps/embed?pb=!1m18!1m12!1m3!1d42880.2619793314!2d-122.22821285651163!3d47.800518347476604!2m3!1f0!2f0!3f0!3m2!1i1024!2i768!4f13.1!3m3!1m2!1s0x54900f19d55e3a7f%3A0x3234408865cf848f!2sSeagen%20Inc.!5e0!3m2!1sen!2sus!4v1643645928054!5m2!1sen!2sus&w=800&h=450] DHC to Receive Cash Proceeds of Approximately $653 Million and Retain a 20% Equity Interest in the Joint VentureSelling 80% Joint Venture Equity...
Tacoma Trax, GIS International, Tacoma, Dome District, DMG Capital, IHB Architects

115-Unit, Transit-Oriented Development Breaks Ground in Tacoma’s Burgeoning Dome District

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Tacoma Trax adding 115 apartment homes, street level retail, immediate access to multi-modal transit to downtown community TACOMA, Wash. – GIS International Group and DMG Capital...
Patrinely Group, The Broderick Group, Dune Real Estate Partners, Bellevue, FANA Group of Companies, FOUR106

Patrinely Group and Dune Real Estate Partners Acquire Bellevue Development Site for State-of-the-Art Office Tower...

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(EDITOR'S NOTE: According to public records, the asset traded for $95.5 million.) Bellevue — Patrinely Group, in partnership with affiliates of Dune Real Estate Partners (“Dune”),...

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Q&A: Chris Koenig Gives Perspective on Niche Segment of Storage Sector

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By Catherine Sweeney  While self-storage assets have gained popularity in the past several years, some property owners are exploring more niche segments of the storage...

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