Residential
Bell Partners Continues West Coast Expansion with $88.3MM Acquisition in Kirkland
(EDITOR’S NOTE: According to public documents, the property sold for $88.3 million, or about $437,129 per unit. The seller was Dallas, Texas-based Trinsic...
454-Unit Riverfront Village Project in Wenatchee Posted for Sale, Guidance ~$12MM
By Meghan Hall A sizeable development site in the growing town of Wenatchee, Wash., has been put up for sale as current ownership...
Westland Investors Revitalizes and Sells River Loft Apartments in Suburban Portland for $14.2MM
(EDITOR’S NOTE: The price per unit comes to about $191,892 per unit.) Portland, Oregon – Westland Investors announced today the successful closing of one...
Oregon Pension Fund Allocates $350MM for Mixed-Use Assets Targeting West Coast Markets
By Jon Peterson The Oregon Public Employees Retirement Fund has approved a $350 million allocation to a new investment strategy with a separate...
Condo Tower Spire Restarts Sales in Seattle
Limited-Time Price Reductions Lure Condo Buyers Back to Downtown City Living, 10 Residences Sold Last Month. SEATTLE – Laconia Development announced today the relaunch of sales...
Seattle Review Board Vote Narrowly Votes to Bring 130-Unit Amalfi Apartments Back for Additional Design Meeting
By Meghan Hall Fitting a new development into a changing architectural landscape can be a challenge, and every project team employs different approaches...
Horizon Realty Advisors Completes $125MM in Fundraising For Third Equity Fund
Horizon Increases Momentum as it Fills its Third Investment Fund SEATTLE, April 29, 2021 — Horizon Realty Advisors (HRA), a Seattle-based property management owner and...
DivcoWest Expands into Single-Family Rental Sector with $250MM Investment
By Jon Peterson San Francisco-based DivcoWest has joined the ever-growing crowd of institutional capital sources that are placing investment dollars in the single-family rental...
Trent Development Breaks Ground on 268-Unit Project in Seattle
Announces Half Million Dollar Art Program Supporting Local Artists TOD Development focused on Workforce Housing SEATTLE, WA. – April 27, 2021 – Trent Development announced today,...
Happy Valley, Oregon Community Sells for $41MM
CBRE has announced the sale of a 132-unit multifamily community in Happy Valley, Ore., The Elwood, to Borello Asset Management, a Northern California-based...
Proposed Mass Timber Residential Project in Seattle’s Capitol Hill Neighborhood Moved Forward to MUP Application
By Meghan Hall A San Francisco-based developer is moving forward with its plans for a 102-unit mass timber residential development in Seattle’s trendy...
258-Unit Housing Project in Seattle Commended for Connection to Evolving Neighborhood Context
By Meghan Hall A newly-approved residential project in Seattle’s Othello neighborhood was given the green light to proceed with entitlements after a final...