Residential
Nordic Partners Investments Buys 79‑Unit John Winthrop Apartments in Seattle’s First Hill for $11MM
(Editor’s Note: According to King County public records, the sales price was $11 million, or about $139,240 per unit.) Seattle, Wash. (March 31,...
The Seven Bills Governor Ferguson Signed That Actually Matter (For Our Industry)
By Billy the Broker (I just want to stay anonymous) There’s an old magician’s trick—old as in Roman Coliseum old—called misdirection. While the...
Lower Immigration, Cautious Consumers and Shifting Migration Patterns Reshape US Housing Outlook for 2026
John Burns Research and Consulting finds that capturing housing demand now requires surgical precision as demographic tailwinds weaken and buyer sentiment sours to...
Bellevue City Council Unanimously Advances 2026-32 Affordable Housing Strategy Targeting 5,700 Units Over Next Decade
Updated seven-year plan replaces 2017 strategy with expanded tools, new revenue sources, and preservation targets as median home prices approach $1.6 million on...
Portland City Council Explores Vacancy Fee on Landlords as Downtown Struggles With Record-High Empty Space
Councilors have commissioned a $62,520 study to explore how a long-term vacancy fee might be structured The Portland City Council is exploring whether...
Red Tail Acquisitions Buys 115-Unit Exeter House Apartments for $25MM in Seattle’s First Hill
The 1927 property traded at roughly $217,400 per unit, well below comparable recent multifamily sales across Seattle’s urban core. An entity affiliated with...
Essex Property Trust Reports Steady Growth in Seattle as Declining Supply Pipeline Positions Market for Tighter Conditions
The apartment REIT’s Pacific Northwest portfolio posted 2.8 percent same-property revenue growth in 2025, with the region poised to benefit from a sharp...
Kennedy Wilson Sells Stake in 204-Unit Equinox Apartments in Seattle’s Eastlake for $44.9MM
The 204-unit Eastlake waterfront apartment complex was jointly acquired by Kennedy Wilson and a partnerfor $90 million in 2016; the partner buyout is...
MSR Communities Plans 247-Unit Mountain View Apartments on Former Dumpster Yard Near Canyon Park in Bothell
International homebuilder’s first multifamily rental project spans two phases — a 109-unit, seven-story building and a 138-unit, eight-story building — on a site...
Bell Partners Acquires 177-Unit Milehouse Apartments in Redmond for $78.5MM from UDR
The Greensboro, N.C.-based multifamily investor continues to expand its Seattle-region portfolio with its acquisition of the downtown Redmond mixed-use apartment community, which UDR...
LeFrak Buys Out Kennedy Wilson’s Stake in 282-Unit Radius Apartments in Seattle for $60MM
LeFrak takes ownership of the South Lake Union apartment complex, which the two firms jointly acquired from Greystar for $141 million in 2017;...
The 21st Century ROAD to Housing Act Is Both a Threat and a Lifeline for Developers
A single provision is freezing the build-to-rent pipeline, but the rest of the landmark bill delivers some of the most pro-development federal reforms...
