Pillar Communities Spends $40MM to Acquire the 80-Unit 2nd & John Apartments in Seattle

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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

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Seattle, Wash. - August 9, 2019 - CBRE has brokered a $160 million permanent loan for McKenzie Seattle, a distinctive elliptical 40-story, luxury 450-unit...
Seattle, Pope Resources, Gig Harbor, King County, Tacoma, Point Ruston, Harbor Hill mixed-use community, Emerald Homes, Texas

Pope Resources Sells 65-Single-Family-Lot Property in Gig Harbor, at Site of Harbor Hill Mixed-Use...

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[googlemaps https://www.google.com/maps/embed?pb=!1m18!1m12!1m3!1d134173.97656932255!2d-122.54227254253468!3d47.32806459326427!2m3!1f0!2f0!3f0!3m2!1i1024!2i768!4f13.1!3m3!1m2!1s0x54904d62ad8b2015%3A0x28d91b151b26c9a9!2s4012+Athena+Ave%2C+Gig+Harbor%2C+WA+98332!5e0!3m2!1sen!2sus!4v1565626166366!5m2!1sen!2sus&w=700&h=450] 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, Intracorp, Seattle, Issaquah, Puget Sound, Beacon Hill, Sammamish, Bellevue

PCCP and Intracorp to Develop 129 For-Sale Townhomes in Seattle and Issaquah

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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

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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 Seattle Kidder Mathews Denny Triangle Seattle House 1901 Minor Avenue development site construction Amazon’s Spheres

Concord Pacific Buys Denny Triangle Site in Seattle for $72MM

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(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, Seattle, South Lake Union, Jenny Durkan, Seattle Parks Foundation, Mercer Street, Housing Seattle Now, Juno Building, 188 East Blaine, 400 Dexter, Mercer Properties

Alexandria Real Estate to Buy South Lake Union Properties for $143.5MM for Major Redevelopment

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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

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SEATTLE (August 7, 2019) — RISE Properties Trust (“RISE”) a Canadian real estate trust based in Seattle, and Aegon Real Assets US (“Aegon RA”), an...
Seattle, University District, Northeast Design Review Board, Jackson Main Architecture, Safeway, Sharetea, Starbucks, Urban Outfitters, Thai Tom

Full-Block Site in Seattle’s University District Passes Second Design Review

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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,...
Seattle, TRI Pointe Group, Willows Road, Facebook, Redmond, Eastside, Proctor Willows property, Tiscareno Associates, Bellevue

TRI Pointe Group Spends $23.3MM to Acquire 15-Acre Proctor Willows Property in Redmond at...

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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,...

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Everett, Everett Mall, Topgolf, The Hub @ Everett, Chicken N Pickle, Port of Everett, Restaurant Row, Riverfront, Millwright District, Hotel Indigo, Waterfront Place Apartments, LPC West, RIOS, Fisherman's Harbor

Topgolf Negotiations Confirmed for Everett Mall As City Looks to Become an Entertainment Destination

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Rumors have swirled around the Everett Mall like a well-struck golf ball, but Mayor Cassie Franklin had played her cards close to the vest....

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