AvalonBay, Seattle, Puget Sound, Downtown Design Review Board, Belltown, Dupre + Scott, Capitol Hill

AvalonBay’s Belltown Project Commences at $146.9MM Capital Cost

AvalonBay Communities, the Arlington, VA-based developer of apartment communities received a green light last September to commence its proposed Belltown development located at 210...
Condos, condo market, Keller Williams Real Estate, Downtown Seattle, Seattle, Ballard, Queen Anne, Capitol Hill

New Construction in Seattle’s Condo Market Contributes to the City’s Growth

By Brittan Jenkins While new construction on condominiums contributed to the growth of Seattle’s condo market in 2016, growth in the resale market has...
Roosevelt, Roosevelt Apartments, Studio19 Architects, Seattle

Seattle’s Roosevelt Neighborhood is Growing with Addition of Six-Story Apartment Building

By Brittan Jenkins The Roosevelt neighborhood is adding another apartment building to its collection after a six-story building was approved in a Seattle design review...
Cushman & Wakefield, San Francisco, New York, Chicago, Bright Insights Report, Gateway

Puget Sound Regional Multifamily Market to Remain Strong in 2017, According to Industry Report

By Jacob Bourne Entering the seventh straight year of growth in the U.S. economy, researchers at Marcus & Millichap offer their clients a promising investment...
Moratorium, Federal Way, Black Diamond, Issaquah, Multifamily Housing Construction, Black Diamond Lawsuit, Federal Way City Council

Moratorium on Multifamily Housing Construction Continues Into 2017

After the city of Federal Way enacted a six-month moratorium on multifamily housing construction with an expiration date of December 7th, the council passed...
Pacific Pointe Apartments, The Neiders Company, Tamaro Holdings LLC, Tacoma, Kidder Mathews, Transpacific Investments LLC

Pacific Pointe Apartments in Tacoma Sell for $8.9MM to The Neiders Company

[googlemaps https://www.google.com/maps/embed?pb=!1m18!1m12!1m3!1d2711.7622676266365!2d-122.46258788438416!3d47.18209097915888!2m3!1f0!2f0!3f0!3m2!1i1024!2i768!4f13.1!3m3!1m2!1s0x549100355c4ccc87%3A0x15418bd0bb1d8ded!2sPacific+Point!5e0!3m2!1sen!2sus!4v1485553355484&w=650&h=450] Seattle-based The Neiders Company paid a total of $8.9 million to California-based Tamaro Holdings LLC for Pacific Pointe Apartments in Tacoma, located at...
Avalon Newcastle Commons, Newcastle, GGLO, Newcastle Joint Venture LLC, Bellevue, AvalonBay

AvalonBay Sells Off Six Blocks of Newcastle Commons Development for $20.5MM

By Brittan Jenkins A new mixed-use residential project is coming to the city of Newcastle, located just outside of Bellevue. AvalonBay Communities, which is developing...
Employees Retirement System of Texas, Texas Employees, San Francisco Bay Area, Seattle, Austin

Supply is on the Verge of Outpacing Demand in Seattle’s Hotel Market

By Brittan Jenkins Kidder Mathews released their 2016 fourth quarter hotel performance report indicating the Seattle area is about to crest, with new supply on...
San Francisco Bay Area, Seattle, CBRE, Orlando, San Diego, Bay Area, Washington D.C., Tucson, Waterloo, Las Vegas, Hamilton

Carmel Partners Closes Fund VI at $1.025BN, Eyes Seattle Investments

Carmel Partners, announced today the final close of its U.S. multifamily real estate value creation fund, Carmel Partners Investment Fund VI. The Fund closed...
MZA Architecture, South Lake Union, Cascade,

Chinese Developer Plus Investments Proposes Eight-Story Residential Complex in South Lake Union

[googlemaps https://www.google.com/maps/embed?pb=!1m0!3m2!1sen!2sus!4v1484897852685!6m8!1m7!1soDDT34MhbGz7WeifWAS8Zg!2m2!1d47.62312015173494!2d-122.3333158262075!3f331.4220677001925!4f5.862713239027201!5f0.7820865974627469&w=640&h=450] By Brittan Jenkins Chinese developer Plus Investments and MZA Architecture have their eyes set on a very interesting part of Seattle to build their...

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