Residential
Buchanan Street Partners Funds $39MM Construction Loan on Lacey, Wash., Apartment Community
Lacey, WA (October 5, 2022) – Buchanan Mortgage Holdings, LLC (BMH), an affiliate of Buchanan Street Partners, L.P., provided a $39 million non-recourse...
Onni Group Returns After Two Years to Buy South Lake Union Parcel in Seattle for $27.1MM
By Kate Snyder After walking away from a deal on the property two years ago, Onni Group of Companies recently returned to buy...
Security Properties Sells 347-Unit One Jefferson in Lake Oswego for $124MM
PORTLAND – Oct. 7, 2022 – CBRE arranged the sale of One Jefferson, a 347-unit multifamily community in Lake Oswego, Ore., to an...
Who Took the Affordable Out of Affordable Housing?
How a cumbersome approval process works against the affordable housing we need. By Scott Glazebrook Over the last decade, affordable housing has become...
261-Unit Rose Villa in Portland Secures $42MM Financing
CHICAGO, IL – OCTOBER 3, 2022 – Ziegler, a specialty investment bank, is pleased to announce the successful closing of Rose Villa’s (the...
Proposal for 600-Unit Apartment Complex in Seattle to Return for Second Early Design Guidance Meeting
By Kate Snyder A proposal for a seven-story, 600-unit apartment building in Seattle’s Bitter Lake neighborhood will come back for another early design...
Essex Announces the Planned Retirement of Michael J. Schall as President & CEO and Appointment of Angela L. Kleiman as Successor
SAN MATEO, Calif.–Essex Property Trust, Inc. (NYSE:ESS) announced today the planned retirement of Michael J. Schall, the Company’s President and CEO since 2011,...
Nitze-Stagen Spends $3.2MM on Development Site in Seattle, Plans 236 Affordable and Workforce Housing Units
Multifamily Project Aimed at Gateway Neighborhood Placemaking Seattle, WA. – October 3, 2022 – Nitze-Stagen announced today that it is has purchased a...
Pacific Urban Buys 192-Unit Redmond Apartment Complex for $79MM
By Vladimir Bosanac The multifamily property market across the greater Puget Sound region seems to be picking up in the fourth quarter of...
Bellwether Housing Purchases 284-Unit Renton Sage Apartments for $79.8MM
By Kate Snyder Three years after its last purchase, an apartment complex in Renton, Wash., is now in the hands of an affordable...
Tarragon Breaks Ground on the 216-Unit Tilden Apartments in Lacey, Wash.
Seattle, WA (Sept 2022) – Tarragon is excited to announce their new project, The Tilden Apartments, in Lacey, Wash. Tarragon broke ground on...
Intercontinental Real Estate Sells 155-Unit Multifamily Portfolio in Seattle’s Ballard Neighborhood for $41.5MM
SEATTLE –– CBRE announced the sale of two multifamily communities totaling 155 units in Seattle’s Ballard neighborhood. An undisclosed buyer acquired the Belay...