News Releases
ColRich Acquires 228-Unit Multifamily Community in Bend, Ore. for $63.1MM
(EDITOR’S NOTE: According to public records, the property sold for $63.1 million, or approximately $276,754 per unit.) Portland, Ore. –– CBRE has facilitated...
Four-Building Cumberland Industrial Center in Kent Refinanced for $11MM
Permanent Loan Refinances Cumberland Industrial Center in Kent; Gantry’s Roster of Correspondent Insurance Company Lenders Continue to Compete for Quality Industrial Loans Seattle,...
Interstate Equities Corporation Pays $28.25MM for 121-Unit Multifamily Property in Lynnwood
LYNNWOOD, Wash. – Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the sale of Augusta Glen, a...
Construction Begins on 54-Unit Emerald Heights Assisted Living Project in Redmond
REDMOND, Wash. (August 22, 2023) – Emerald Heights, a Life Plan Community in Redmond, Wash., officially broke ground on their new $55 million...
Electric Era Technologies Announces $11.5MM to Expand EV Fast-Charging Stations Across US, Portland Site to Launch in September
The Series A funding will increase EV drivers’ access to reliable, premium high-speed charging at quick service retail locations leveraging patented technology developed...
City, Port of Seattle Announce Public–Private Partnership to Revitalize Parks on Elliott Bay Waterfront
Today, Mayor Bruce Harrell joined Port of Seattle Commission President Sam Cho, philanthropist Melinda French Gates, Seattle City Council President Debora Juarez, Downtown...
Sound Transit’s Hilltop Tacoma Link Extension Service to Begin Sept. 16
After extensive quality and safety testing and 20 years since service first began on its initial segment, the Hilltop Tacoma Link Extension of...
Ross Dress for Less to Open New 24,000 SQFT Store in Spokane
Dublin, California, August 18, 2023 – Ross Dress for Less® (“Ross”) will open a new store in Spokane on October 7, 2023. The...
Jackson Square Properties Buys 360-Unit Radiate Apartments in Redmond for $125MM
JLL Capital Markets closed the sale of the 360-unit, luxury-grade, Radiate Apartments, in Redmond, Washington SEATTLE, Aug. 17, 2023 – JLL Capital Markets...
24-Unit Vancouver Townhome Community Receives $7.5MM Permanent Loan to Retire Construction Debt
Vancouver Townhome Community Features 24 High-Finish Units Cross-Collateralized in One Securitized Financing; Single Family Rental Model Complicates Underwriting for Class A Project Portland,...
Stumptown Coffee Plans New Location in 25-Story 11W Building in Portland
The Coffee Pioneer Remains Committed to Downtown Portland and this Dynamic Neighborhood PORTLAND, Ore.–Portland’s homegrown Stumptown Coffee Roasters will open a new cafe...
Report: Commercial, Multifamily Borrowing Declines 53 Percent Year-Over-Year in the Second Quarter
WASHINGTON, D.C. (August 15, 2023) — Commercial and multifamily mortgage loan originations were 53 percent lower in the second quarter of 2023 compared...
