Residential
Build-for-Rent Housing Emerges as Popular Product Type Amidst Housing Shortages, High Demand
By Meghan Hall The single-family rental (SFR) space has been part of the real estate landscape for decades, with tenants historically renting from...
10-Unit Ballard Apartment Building Sells for $2.25M in Off-Market Deal
Seattle, Wash. (December 16, 2020) – A ten-unit apartment complex located at 2201 NW 62nd Street in Seattle, Washington, has sold for $2,250,000...
Mayor Durkan Signs Cultural Space Agency Charter to Create First Public Development Authority in Nearly 40 Years
New Public Development Authority to Develop Real Estate Projects in Partnership with Cultural Communities SEATTLE (December 15, 2020) – Mayor Jenny A. Durkan signed the...
PropTech: Cityhive Taps into Tenant Knowledge to Help Landlords Fill Vacancies
By Meghan Hall In the nation’s busiest markets, landlords are always looking for ways to fill residential vacancies while competing with other properties....
Review Board Returns Mixed-Use Building at Safeway-Owned Site to Design Review, Citing Code, Design Violations
By Bekka Wiedenmeyer Queen Anne Ave. represents one of Seattle’s many commercial corridors, encouraging small business with easy access to pedestrian zones and...
Mill Creek Announces Leasing Underway at 228-Unit Modera Broadway in Seattle’s Capitol Hill
Mixed-Use Development Community Adds 228 Apartment Homes to Capitol Hill Neighborhood SEATTLE – Dec. 10, 2020 – Mill Creek Residential, a leading multifamily investor and operator...
MG Properties Group Buys Bellevue Apartment Complex for $191MM
By Meghan Hall San Diego, Calif.-based MG Properties Group has scooped up the Liv Bel-Red apartment complex—now known as Vue 22—in a transaction...
Experts: Greatest Challenge to the Construction Industry Isn’t Social Distancing, It’s Available Projects
By Meghan Hall Like many sectors, the commercial real estate industry has faced its fair share of challenges as a result of the...
Downtown Design Review Board Overturns Pivotal Condition, Paves Way for 53-Story Mixed Use Tower in Denny Triangle
By Bekka Wiedenmeyer Persistence paid off this week when the Downtown Seattle Review Board relieved Weber Thompson and Dallas, Texas-based developer Lincoln Property...
Mayor Durkan Announces Additional $55.8MM of Investments for Affordable Housing
City investments made in 2020 will support the creation or preservation of over 1,400 rental homes and homeownership opportunities Since December 2017, over...
RM Homes Buys Lynnwood Property Under Construction for Residential Development for $11MM
By Meghan Hall A Lynnwood property slated for residential development has sold to a local developer as demand for single-family product continues to...
NMHC Rent Payment Tracker Finds 75.4 Percent of Apartment Households Paid Rent as of December 6
The NMHC Rent Payment Tracker is powered by Entrata, MRI Software, RealPage, ResMan and Yardi Washington, D.C. – The National Multifamily Housing Council (NMHC)’s Rent...
