Residential
168-Unit Apartment Complex Planned for Seattle’s Capitol Hill Neighborhood Passes Final Design Review
By Meghan Hall A residential development slated to rise in Seattle’s Capitol Hill neighborhood is finally moving forward after several rounds of review...
Calvera Closes $31.6MM U.S. Multifamily Value-Add Investment Fund
San Francisco — Calvera Partners, a national real estate investor and operator, is pleased to announce the closing of its latest multifamily value-add...
Design Review Board Recommends 8-Story Apartment Building in Seattle Advance to Recommendation Phase
By Bekka Wiedenmeyer North Beacon Hill, a Seattle neighborhood located close to Interstate 90, has experienced a number of transitions over the years....
Ziegler Closes $154.6MM Bond Financing for Terwilliger Plaza in Portland
CHICAGO, IL – SEPTEMBER 2, 2021 – Ziegler, a specialty investment bank, is pleased to announce the closing of Terwilliger Plaza’s $154,620,000 Series 2021A, Series 2021B and 2021C Bonds issued...
Virtu Investments Buys Blu Bellevue Apartments for $109MM
By Meghan Hall Another Puget Sound apartment complex has traded hands. In a deal that closed on September 2nd, the Blu Bellevue Apartments...
59-Unit Development Site in Seattle’s Belltown Hits the Market
Seattle, WA (September 7, 2021) – GEM Real Estate Partners has placed its Belltown development project, First & Bell, on the market for...
Clarion Partners Buys 231-Unit Lakewood Asset for $60MM
By Meghan Hall A slew of apartment deals have closed over the past couple of weeks, signaling that investors are eager to buy...
RISE Properties Trust and Tokyu Land US Corporation Acquire Discovery Landing Apartment Homes in Burien for $46MM
Residential Community Purchase Marks 31st Acquisition in the Pacific Northwest for RISE (EDITOR’S NOTE: According to public records, the community sold for $46 million,...
Newly Constructed Redmond Apartment Complex Trades Hands for $131.5MM
By Meghan Hall A newly-built apartment complex in the highly-anticipated Esterra Park development has sold. According to public documents, the Nightingale Apartments in...
Next Wave Acquires 118-Unit Multifamily Community in Vancouver, Wash. for $23.85MM
Vancouver – Next Wave Investors, LLC (Next Wave) a private equity firm focused on value-add multifamily investments, has acquired Ashley Terrace, a 1993-vintage,...
Thayer Manca Residential Acquires Olympia Property for $38.5MM
Seattle, WA- Thayer Manca Residential (TMR) has purchased Woodbury Apartments, their newest multifamily property in Olympia, WA. TMR purchased the 127-unit property for $38,500,000 (around $303,150...
MainStreet Property Group Breaks Ground on ‘Siteline’, New 330K+ SQFT Mixed-Use Development Next to Seattle Center
Eight-Story, 214-Unit Multifamily Residential Building Located in Shadow of Space Needle to Feature 50K+ SF of Commercial Space Including Office and Retail/Restaurant Space ...
