Residential
Pacific Urban Investors Acquires 2,195-Unit Pacific Northwest Portfolio for $737.5MM
(Editor’s Note: According to public records, Pacific Urban paid approximately $737.5 million in total for the properties. San Francisco-based Gerson Bakar & Associates...
Sentral Acquires Align Residential, Now Managing Over 10,000 Apartments Across 15 Cities
Combined company will deliver best-in-class multifamily and hospitality management platform SAN FRANCISCO, Jan. 30, 2023 — Sentral, the leading full-service management company offering any length of...
Seattle’s Northeast Design Review Board Approves Proposal for 230-Unit Apartment Building
By Kate Snyder A proposal for a 230-unit apartment building in Seattle’s Wallingford neighborhood is moving forward in the city’s design process. During...
Green Leaf Capital Partners Buys 151-Unit Seattle Apartment Building for $48.5MM
By Kate Snyder Multifamily communities in the Puget Sound region are still attracting investors as a Seattle apartment complex recently traded hands for...
Redfin Reports Pending Home Sales Improve in January As More Buyers Return
Pending sales posted their smallest year-over-year decline in three months as mortgage rates ticked down. Early indicators of homebuyer demand, including tour requests...
Aukum Group Buys 154-Unit Meadow Brook Place Apartments in Vancouver, Wash., for $38.5MM
PORTLAND, Ore., Jan. 25, 2023 — HFO Investment Real Estate (HFO) is excited to announce the $38.5 million sale of Meadow Brook Place...
20-Unit Alano Living in Seattle Sold for $8MM
By Kate Snyder An apartment complex in Seattle’s Ballard neighborhood was sold in a recent transaction for $8 million, or approximately $400,000 per...
SRM Development Secures $24.3MM in Financing for Six Affordable Housing Assets in Seattle
JLL Capital Markets arranged the acquisition financing for the 354-unit, SEDU portfolio through Fannie Mae, as well as the Amazon Housing Equity Fund...
Pillar Properties, Teutsch Partners Acquire $50MM Loan for The Verge Apartments in Auburn
SEATTLE, WASHINGTON (January 19, 2023) – Stuart Oswald, senior vice president/managing director of Northmarq’s Seattle office and Russ Cree of Glacier Real Estate...
Seattle Downtown Design Review Board Approves Proposal for 442-Unit Apartment Building
By Kate Snyder Several hundred more apartments are on their way to Seattle with a proposed plan for a residential building in the...
Hot Rain, Inc., Plans to Bring 200-Unit Apartment Building to Seattle’s Belltown Neighborhood
By Kate Snyder A proposal to bring more than 200 apartments to Seattle’s Belltown neighborhood is in the process of making its way...
CBRE’s US Real Estate Market Outlook for 2023: Optimistic Yet Uncertain Across Sectors
By Kate Snyder Despite the looming prospect of a moderate recession, experts were optimistic about the real estate market outlook for 2023 during...