Residential
MainStreet Property Group Breaks Ground on ‘The Pine,’ 140-Unit Multi-Family Development in Kirkland
Sustainable Residential Building in Forbes Creek Neighborhood Designed to Embrace the Natural Environment, Channel Love of the Outdoors into Indoor Ambience Kirkland, Wash. –...
The Molasky Group & Binjiang Tower Corp. Close $102.7MM Permanent Financing for Seattle’s Arrive Apartments & Sound Hotel Tower
Life Company Commercial Mortgage Replaces Project’s Construction Loan with Permanent Financing; Gantry’s Significant Role in Stabilizing the Tower’s Financing Past Disruptions Both Pre...
The Champlain Towers Collapse: The Fight for Justice—How will that Look?
By Tyler Berding, Founding Partner of Berding & Weil, LLP On June 24, 2021, at 1:25 in the morning, half of the twelve-story...
PGIM Sells Two Seattle Apartment Complexes for Combined $68.4MM
By Meghan Hall Apartments across the Puget Sound continue to sell at a rapid pace, and PGIM has added to the trend with...
136-Unit Wesley at Tehaleh in Bonney Lake Opens Doors
Bonney Lake, Wash. — Wesley Homes (Wesley), Presbyterian Homes & Services(PHS) and Ryan Companies US, Inc. (Ryan), a national developer, designer, builder, capital markets partner and real estate manager...
Trammell Crow Residential Buys Two Bothell Development Sites for $12.75MM, Plans 369 Units
Seattle, Wash. (September 14, 2021) – The City of Bothell has made a significant step toward fully achieving its downtown redevelopment plan. Trammell...
Optimus Properties Completes Purchase of Multi-Family Portfolio in Portland $10.38MM
(EDITOR’S NOTE: According to data from Reonomy, the deals closed mid-June but recently recorded. Optimus paid $6,676,324, or about $145,137 per unit for...
Truebeck Begins Work on First Portland Affordable Housing Project to Use Cross-Laminated Timber
Portland, OR – Truebeck, an industry-leading commercial general contractor, is pleased to announce the beginning of construction on The Annex Apartments-Affordable Housing project...
JB Matteson Completes $132MM in Refinancing of Six Multifamily Properties In California & Washington
SAN FRANCISCO, CALIFORNIA (September 13, 2021) – Dennis Williams, senior vice president/managing director and Tom Wight, vice president of NorthMarq’s San Francisco office collaborated to arrange...
Cumberland Holdings Buys Lenox Apartments in Portland for $14.7MM
By Vladimir Bosanac Multifamily investors continue to have a strong interest in assets across the greater Pacific Northwest region. In a recent transaction,...
Canadian REIT buys Portland-Area Multi-Housing Community for $30MM
JLL Capital Markets closed the sale of TownCenter Park in Wilsonville to RISE Properties Trust PORTLAND – JLL Capital Markets announced that it has closed...
RISE Properties & Tokyu Land Acquire Surprise Lake Village in Milton for $106MM
(EDITOR’s NOTE: According to public records, RISE and Tokyu paid $106 million, or about $313,610 per unit, for the asset. The seller is...