Residential
Seattle Leads Nation in Affordable Housing Construction with 14,290 Units Delivered
Washington metro tops U.S. markets as affordable apartments reach 24 percent of all new development over five years Seattle emerged as the nation’s...
Lloyd Center Demolition Plans Advance as Portland Mall Enters Final Chapter
Owners present 5,000-unit mixed-use redevelopment plan to city officials as iconic 1960s shopping center prepares for transformation Owners of Portland’s Lloyd Center are...
U.S. Home Prices Rise 0.4% in November as Regional Gaps Continue to Widen
Wells Fargo Economics points to modest but durable appreciation amid supply limits and affordability pressure After a period of cooling that stretched through...
32-Unit Heather Court Apartment Property Listed at $5.25MM in Tacoma
Value-add Tacoma multifamily offering targets rent growth and renovation upside outside city regulations As investors continue to weigh where rent growth and operational...
96-Unit Gayteway at Hawks Prairie in Lacey Markets to Investors as Regional Supply Tightens
2022-vintage property targets institutional buyers as Seattle metro construction deliveries decline 33 percent and vacancy holds steady at 7.4 percent A 96-unit multifamily...
27-Unit Stateside Flats Listed for $4.9MM as Olympia Multifamily Draws Investor Focus
Residential property near downtown offers in-place income with rent growth potential As Washington’s capital continues to benefit from steady government employment and population...
Pacific Northwest Multifamily Markets Navigate Divergent Paths
Seattle Attracts Surging Investment While Portland Struggles; Regional Performance Splits on Development and Demand Fundamentals The Pacific Northwest’s two largest multifamily markets delivered...
Seattle Advances Phase Two of Comprehensive Zoning Overhaul to Address Housing Shortage
Mayor Wilson’s proposal enables multifamily housing in 30 new neighborhood centers and transit corridors as city tackles affordability crisis Seattle Mayor Katie B....
Blackstone Bets $50 Billion That Real Estate’s Long Winter Is Ending
The alternative asset giant delivered its best quarter ever, but its real estate portfolio—down 16 percent since the rate cycle began—is only now...
Bellwether Housing Prisma Apartment Project in Redmond to Deliver 328 Units Near Light Rail Station
Six-story affordable housing development at 2888 Da Vinci Ave. NE targets 2028 opening with income-averaging model Redmond is advancing its ambitious housing expansion...
Portland Multifamily Vacancy Tightens to 8.5% as Development Pipeline Shrinks 66%
Average sale prices decline 9 percent year-over-year while net absorption reaches 392 units in fourth quarter Portland’s multifamily market posted improved fundamentals in...
Starwood Capital Group Sells 81-Unit Crossings at Gresham Station for $17.8MM
Buyers Pay $219,753 Per Unit for Gresham-Northwest Property as Portland Multifamily Construction Pipeline Shrinks 66 Percent Mika and Michael Aranoff purchased the 81-unit...
