News Releases
Report: Seattle’s Hotel Market Moves Toward Recovery, Hits Plateau in Occupancy Growth
Seattle – September 21, 2023 – Seattle’s hotel market, hit hard by the pandemic in 2020, continues to move toward recovery, but occupancy...
Seattle Mayor Bruce Harrell Announces $9.5MM Awarded to Community Organizations for Site Acquisitions, Major Capital Projects
Seattle – Today, Mayor Bruce Harrell announced $9,582,651 in awards through the Equitable Development Initiative (EDI), part of the City’s effort to support property ownership among Seattle’s...
CEP Multifamily Sells 111-Unit Apartment Complex in Federal Way for $32.4MM
FEDERAL WAY, Wash., Sept. 20, 2023 – Institutional Property Advisors (IPA), a division ofMarcus & Millichap (NYSE: MMI), announced today the sale and...
BRIDGE Housing Awarded $8MM Grant from Philanthropist MacKenzie Scott
SAN FRANCISCO (September 20, 2023) – BRIDGE Housing, a leading nonprofit developer, owner, and manager of affordable housing, announced today it has been...
Pahlisch Commercial Secures $44MM Bridge Loan for 180-Unit Apartment Complex in Oregon City
NEW YORK–Dwight Capital and its affiliate REIT, Dwight Mortgage Trust (“DMT”), closed over $246MM in real estate financings during August. Featured among the...
Spear Street Capital Buys Newly Renovated 118,000 SQFT Office Building in Portland for $41MM
(Editor’s Note: The sales price was approximately $41 million, or about $347 per square foot, according to a report from the Portland Business...
Veda Living Buys 48-Unit Assisted Living Community in Spokane for $2.5MM
(Editor’s Note: The sales price was $2.5 million, or approximately $52,083 per unit, according to Spokane County public records. The seller was an...
EverWest Real Estate Investors Secures $61.34MM in Financing for 428,000 SQFT Industrial Portfolio that Includes Seattle Property
JLL Capital Markets secures financing from J.P. Morgan for the portfolio, located in Colorado, New York, Tennessee and Washington DENVER, Sept. 18, 2023...
Seattle Awarded $12.9MM from USDA Forest Service to Plant Trees, Restore Forested Places in City
In a major boost to Mayor Harrell’s ongoing efforts to expand tree canopy, Seattle will receive federal funds from the USDA Forest Service...
Urban League of Metropolitan Seattle Acquires 1.19-Acre Site in Seattle for $14.35MM
City of Seattle’s Office of Housing, Washington State Housing Finance Commission and Microsoft Provide Partial Financing for Acquisition and Development of Future Building,...
Diehl Aviation Customer Collaboration Space Opens in Seattle Area
On the 7th of September 2023, the aircraft supplier Diehl Aviation opened its Customer Collaboration Space near Seattle, Washington, USA. On the 7th...
Sabey Data Centers to Build New 700,000 SQFT Data Center Campus in Umatilla, Ore.
Sabey has purchased 60 acres to construct a new data center campus UMATILLA, Ore.–Sabey Data Centers, a premier designer, builder and operator of...