Residential
$71MM Refinancing Arranged for Peloton Apartments in Portland, Oreg.
PORTLAND, Ore., – May 3, 2022 – Cushman & Wakefield announced the firm served as the exclusive advisor to an affiliate of Security Properties in the...
Safeway Sells Seattle Grocery Store to Residential Developer for $30.1MM
By Meghan Hall The sale of a retail property in Seattle’s Queen Anne neighborhood could be an indication of the asset’s impending development....
Glencrest Pays $17MM to Acquire its First Apartment Asset in Puget Sound
By Jon Peterson Interest in Puget Sound multifamily assets continues unabated, and investrors from outside of the region are actively looking for opportunities to...
CEP Multifamily Spends $32.5MM to Acquire 96-Unit Four Pines Apartments in Burlington, WA
Everett, WA, April 29, 2022 – CEP Multifamily announced their April 29, 2022, acquisition of Four Pines, a newly constructed, 96-unit apartment community...
PropTech: Residential Tech Platform Dwellwell Seeks to Serve as a “Check Engine Light” for Homes
By Meghan Hall More than $80 billion is spent every year on residential property maintenance and is one of the most unpredictable aspects...
36-Unit Multifamily Community in Shoreline Sells for $8.9MM
Costa Mesa, CA (April 27, 2022) — The Mogharebi Group (“TMG”), representing the local seller, Bode, has achieved the record setting price per unit with...
Five-Story Affordable Housing Project in Seattle’s Green Lake Neighborhood Met with List of Conditions from Design Review Board
By Meghan Hall An affordable housing project in Seattle’s Green Lake neighborhood has narrowly cleared design review after the Northwest Design Review Board...
Design Review Board Recommends 6-Story Apartment Building in Seattle Return for Second Early Design Guidance Meeting
By Bekka Wiedenmeyer Seattle’s University District Northwest Urban Center Village neighborhood has long been a combination of older single-family homes, low-rise commercial buildings,...
$55.2MM of Permanent Financing Secured for Seattle’s 197-Unit Rooster Apartments
Fixed Rate 10-Year Life Company Loan Refinances Stabilized 197-Unit Class A Multifamily Property; Multifamily Mortgage Capital Availability Remains High with Rates Still Holding...
Oregon Pension Fund Expands Relationship with Abacus Capital with New $400MM Allocation for Multifamily Assets
By Jon Peterson Pension funds across the country like the multifamily market, and when given a chance, some are looking to extend their...
Security Properties Sells Tacoma Multifamily Asset for $54MM
By Meghan Hall One of the largest owners of multifamily real estate in the country has sold off a local asset. In a...
Harbor Custom Development, Inc. Lists Six Puget Sound Multi-Family Projects for $278MM
Tacoma, Washington, April 21, 2022 — Harbor Custom Development, Inc. (Nasdaq: HCDI, HCDIP, HCDIW, HCDIZ) (“Harbor,” “Harbor Custom Homes®,” or the “Company”), an...