Residential
PropTech: Divvy Creates New Pathway to Homeownership Through Tech-Based Modely
By Meghan Hall For decades, much of the “American Dream” has been defined by the ability to own a home. In many markets,...
$13.8MM in Financing Secured on Behalf of Glencrest Group for Purchase of Multifamily Community in Portland
Portland – CBRE Capital Markets’ Debt & Structured Finance team in San Francisco has arranged a $13.8 million acquisition loan for the purchase of...
GenCap Construction Starts Work on 215-Unit Project in Shoreline
Local Company Experiences Significant Growth as Demand for Construction Leader’s Services Rise Shoreline, Wash., March 5, 2021 – GenCap Construction Corp. a rapidly-growing Puget Sound-based...
JLL Launches Partnership and Investment in SFR Proptech Leader Roofstock
Roofstock will purchase Stessa from JLL as the companies forge a commercial partnership to expand Roofstock’s global reach and enhance JLL’s residential offerings...
167-Unit Residential Project Pitched for Capitol Hill Questioned for “Unrelenting” Massing, Asked Back for Additional Review
By Meghan Hall For the second time within a few weeks, Koz Development has faced Seattle Design Review Boards. While a previously proposed...
East Coast-Based Property Management Company Leaps West, Targets Gateway Markets
By Meghan Hall After more than 30 years building relationships on the East Coast, property management firm Bozzuto is pursuing national expansion. This...
Sound Transit Boards Unanimously Vote to Transfer Rainier Valley Properties to City of Seattle at No Cost
Seattle (February 25, 2021) – Mayor Jenny A. Durkan issued the following statement upon the Sound Transit Board’s unanimous approval to transfer 10 Sound Transit properties at no cost to the City...
354-Unit Affordable Housing Development and 100-Bed Men’s Shelter Pitched for 9-Acre Site in Bellevue
By Meghan Hall Plans for affordable housing and a permanent men’s shelter are taking root in Bellevue. Congregations for the Homeless (CFH), the...
ICYMI: Puget Sound Industry Outlook 2021
Brought to you by: A closer look at the drivers shaping the commercial real estate industry across the Puget Sound region. SPEAKERS: Eric...
Lionstone Raises $745MM for Value-Add Fund with Seattle as One of Its Targeted Markets
By Jon Peterson Houston-based Lionstone Investments has raised $745 million of commitments for its latest commingled fund that goes by the name of Lionstone...
Waterton Raises $1.5B Apartment Fund, Looks for Assets in the Puget Sound Region
By Jon Peterson Chicago-based Waterton has set is sights on growing its apartment portfolio, and the company has shored up a $1.5 billion...
21-Story Olympic Tower at Skyline in Seattle Tops Out
PCL Construction Completes Concrete and Steel on the Senior Living Community in First Hill SEATTLE, Washington (February 22, 2021) – PCL Construction has...