Residential
284-Unit Mixed-Use Project at Site of Alki Lumber Yard Receives Approval from West Seattle Design Board
By Catherine Sweeney After more than a year since meeting for early design guidance, a 284-unit mixed-use project at the site of the...
Report: Average Renters Spend More than a Quarter of Income on Rent
By Catherine Sweeney Rental rates across the nation continue to climb due to a lack of housing supply and an increasing demand from...
Mill Creek Residential Spends $16.9MM on Northgate Nursing Facility Following City’s Approval of 400-Unit Residential Project
By Vladimir Bosanac Following the March 2021 approval from Seattle’s Design Review Board for a proposed residential development at Northgate Mall, Mill Creek acquired...
Daniels Real Estate Opens Sales Gallery for Graystone Condominium Development
60% of the Introductory Release of Homes Already Reserved Only Seattle Condominium Tower to Open in 2023 Seattle, WA. – October 3, 2021 –...
103-Unit Portland Multifamily Asset Trades for $44MM
JLL Capital Markets closed the sale of garden-style Misty Ridge in Happy Valley PORTLAND, ORE. – Nov. 3, 2021 – JLL Capital Markets announced today...
Interstate Equities Purchases 106-Unit Apartment Building in Mountlake Terrace for $30.8MM
By Catherine Sweeney Multifamily properties have been a valuable asset to many investors in the Pacific Northwest, with numerous transactions in the sector...
King County Acquires 80-Unit Affordable Housing Development for $32MM as Part of Healthy Housing Initiative
By Catherine Sweeney In an effort to support its unhoused population, King County is purchasing hotels, motels and apartment buildings to turn into...
131-Unit Project Pitched for Seattle’s Eastlake Neighborhood Moved Forward to MUP Application
By Meghan Hall The project team behind a 131-unit residential project in Seattle’s up-and-coming Eastlake neighborhood has received the go-ahead from the East...
Bay Area-Based Green Leaf Capital Partners Spends $51MM on TRAD Apartments in Shoreline
By Vladimir Bosanac There seems to be an insatiable demand for multifamily properties across the greater Puget Sound, and West Coast investors continue...
Security Properties Buys 76-Unit Apartment Complex in Newcastle for $26.7MM
By Catherine Sweeney After last trading hands in 2017, the 76-unit Tria Apartments in Newcastle has a new owner. According to King County...
Glacier Run Phase II in Puyallup Obtains $27.6MM Refinance
SEATTLE, WASHINGTON – Bob Spiro, senior vice president, and Scott Moline, vice president of NorthMarq’s Seattle office completed the $27,575,000 refinance of Glacier...
PropTech: Prescient Leverages Replicability of Hospitality and Multifamily Development to Create Efficiencies in Construction
By Meghan Hall As construction costs continue to rise, new tech is evolving in an effort to streamline processes and budgets. At Prescient,...