Residential
Building Reimagined Pulls 21-Story Mass Timber Tower Plan for Downtown Seattle’s Ross Site
Developer withdraws permit submissions for 340-unit, $160MM-to-$180MM residential project at 301 Pike Street as financing pressures and ownership fragmentation derail one of downtown...
Invesco Lists 99-Unit Saffron Mixed-Use Asset in Sammamish at $54.3MM Appraised Value
JLL and Newmark are marketing the value-add multifamily and 47,304-SQFT retail center in one of the Eastside’s most supply-constrained submarkets. Invesco Real Estate...
Henbart Lists 44-Unit 101 Broadway in Seattle’s Capitol Hill, Pitching Assumable Debt Across From Light Rail
The 2017-built podium asset designed by Studio Meng Strazzara enters a Seattle multifamily market that brokers say has shifted from correction to recovery....
32-Unit Edric Apartments in West Seattle Hits Market at $12.5MM
The 2021-vintage, 97-percent occupied building is asking $390,625 per unit at a trailing 5.32 percent cap rate, pricing above current Seattle MSA averages....
Puget Sound Apartment Deal Flow Collapses as Buyers Hold the Line on Pricing
First-quarter transactions fell to 58 across the four-county region, with sales volume down 63 percent from the prior quarter as cap rates pushed...
Related Northwest, Clackamas Housing Authority Open 275 Affordable Homes at Hillside Park in Milwaukie
First phase of 14-acre redevelopment delivers two complexes backed by $41.6MM in Metro Bond funding, with more than 225 additional units to follow...
CPAH Breaks Ground on 96-Unit Jamii Court Family Housing Project in Southwest Portland
Nonprofit developer converts former motel-turned-shelter into a five-story, family-focused affordable community backed by $15.1 million in Metro Bond funding Community Partners for Affordable...
57-Unit Capitol Hill Studio Building Vitality on Howell Lists at $9.5MM, Priced 15% Below Appraisal
Greenbuild Development affiliate puts 57-unit 2016-vintage asset on the market at $166,667 per unit as Capitol Hill supply pipeline shrinks to 139 units....
Bellevue Investor Relists 51-Unit Viewland Apartments in Seattle’s Greenwood for $20MM Months After Acquisition
The ownership group is testing the market with a quick re-trade of the newly built North Seattle asset, anchored by a rare assumable...
Muckleshoot Indian Tribe Pays $5.5MM for 16,700 SQFT Former Rite Aid at Puyallup’s Canyon Road Corner
A vacated big-box drugstore in Pierce County has changed hands at a price that reflects sustained demand for well-located suburban retail real estate...
Topgolf Tees Off, Alliance Residential Steps Up With 300-Unit Apartment Pitch at Everett Mall
A private-equity reset at Topgolf has redrawn the anchor tenant calculus at Brixton Capital’s Hub @ Everett, opening the door for a multifamily...
Oregon Community Foundation Commits $100MM to Build 10,000 Middle-Income Housing Units Statewide
The state’s largest grantmaker is moving beyond traditional philanthropy with an impact-investing vehicle targeting Oregon’s “missing middle.” Oregon Community Foundation is putting its...
