Pillar Communities Spends $40MM to Acquire the 80-Unit 2nd & John Apartments in Seattle
By Jack Stubbs
Scottsdale, AZ-based Pillar Communities, a national property management firm specializing in luxury apartment properties, recently made moves to expand its Puget Sound...
McKenzie Seattle Receives $160MM in Financing
Seattle, Wash. - August 9, 2019 - CBRE has brokered a $160 million permanent loan for McKenzie Seattle, a distinctive elliptical 40-story, luxury 450-unit...
Pope Resources Sells 65-Single-Family-Lot Property in Gig Harbor, at Site of Harbor Hill Mixed-Use...
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By Jack Stubbs
As the Puget Sound region continues to expand, local- and out-of-town investors and homebuilders alike continue to capitalize on opportunities in...
PCCP and Intracorp to Develop 129 For-Sale Townhomes in Seattle and Issaquah
San Francisco, CA, August 8, 2019 – PCCP, LLC announced today it has formed a joint venture with Intracorp for the ground-up development of two,...
Yardi Matrix: National Multifamily Market Shows No Signs of Waning
By Meghan Hall
The national multifamily market continues to benefit from the current, robust economic cycle, with rent growth increasing by two percent in the second...
Concord Pacific Buys Denny Triangle Site in Seattle for $72MM
(EDITOR'S NOTE: The seller of the development site was Miami-based Cresent Heights, which worked through the approval process and obtained a Master Use Permit...
Alexandria Real Estate to Buy South Lake Union Properties for $143.5MM for Major Redevelopment
Nearly $300 Million in Public Benefits from Agreement with Buyer Would Include 175 Affordable Homes on Site, Family-Wage Jobs on Site, New 30,000 Square-Foot...
RISE Properties and Aegon Acquire Waterbury Park Apartments in Federal Way for $56MM
SEATTLE (August 7, 2019) — RISE Properties Trust (“RISE”) a Canadian real estate trust based in Seattle, and Aegon Real Assets US (“Aegon RA”), an...
Full-Block Site in Seattle’s University District Passes Second Design Review
By Meghan Hall
A mixed-use project spanning a full city block at the center of the University District returned for additional design review Monday night,...
TRI Pointe Group Spends $23.3MM to Acquire 15-Acre Proctor Willows Property in Redmond at...
By Jack Stubbs
The Eastside city of Redmond, and the Willows Road corridor in particular, has had an active two quarters from an investment perspective,...