Residential
U.S. Properties With Foreclosure Filings See A Slight Uptick As Coronavirus Pandemic Continues
9,889 U.S. Properties Received a Foreclosure Filing in August 2020, Up 11 Percent from Last Month; Foreclosure Rates Highest in South Carolina, Florida...
Mill Creek Residential Sells First Hill Apartment Complex in Seattle for $125MM
By Meghan Hall Multifamily developer and operator Mill Creek Residential has sold off one of its numerous Puget Sound area assets, marking one...
Mayor Durkan Announces up to $11.6 Million in Funding for Homeless Service Providers to Help Cover COVID-19 Costs in 2020
The City of Seattle expects to invest nearly $150 million in 2020 to support people experiencing homelessness during pandemic Seattle (September 9, 2020) – Mayor Jenny A. Durkan...
NorthMarq Completes $37.4MM Refinance of Glacier Run – Phase I in Puyallup
SEATTLE, WASHINGTON – Bob Spiro, managing director and Scott Moline, vice president of NorthMarq’s Seattle office arranged the $37.44 million refinance of Glacier...
Small Apartment Sales Continue as Federal Way’s Providence Landing Complex Sells for $11MM
By Meghan Hall A number of small-scale apartment deals have closed throughout the Puget Sound in recent weeks, with another transaction in Federal...
PGIM Real Estate Arranges $482MM Fannie Mae Credit Facility for Six Sobrato Multifamily Assets
LOS ANGELES – PGIM Real Estate has arranged a $482 million Fannie Mae credit facility collateralized by six multifamily properties located on the West...
Home Builder Lennar Continues Puget Sound Expansion, Buys Tract of Land South of Puyallup for $20MM
By Meghan Hall Developers are grabbing tracts of land wherever they can in an effort to get ahead of the region’s development curve....
The Housing Market Posts More Strong Gains—Pending Sales Up 20%, Prices up 11%
SEATTLE, Sept. 1, 2020 — (NASDAQ: RDFN) — The U.S. housing market heated up even more during the four-week period ending August 23 with...
Two Property Apartment Portfolio in Lake Stevens Trades for $12.75MM
By Meghan Hall Investment into multifamily product continues throughout the Puget Sound, even into smaller assets. In a transaction that closed yesterday, the...
25-Story Residential Tower Proposed for Seattle’s First Hill Neighborhood Asked Back for Further Review
By Meghan Hall First Hill, one of Seattle’s original neighborhoods is again leading the City’s development and has become a hotspot for new,...
KTGY Unveils Design for The Lofts at 15th Luxury Condominiums in Bellevue
Infill project is first Seattle-area community designed by KTGY’s for-sale studio SEATTLE (Aug. 31, 2020) — KTGY Architecture + Planning, an international award-winning architecture and...
Podcast: Michael Harder, GM of Mortenson Seattle
Michael Harder is the Vice President and General Manager for Mortenson’s Seattle office. Michael joined Mortenson in 1994 on the Northridge Mall project....
