Residential
Historic Monticello Building in Longview Sells for $8.2MM
Longview, Wash., September 11, 2020 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and...
Polygon Homes Buys Bothell Development Site for $11.7MM
By Meghan Hall Demand for for-sale product—including townhomes and condominiums—has emerged as a strong market as interest rates remain competitive and buyers look...
Podcast: Christopher Yip, Partner @ RET Ventures
Christopher Yip is a partner at RET Ventures, a venture capital firm focused on the property technology or PropTech space. He’s based in San...
Tacoma Continues to Attract Investors as Westminster Towers Apartments Sells for $28MM
By Meghan Hall As the Puget Sound’s economy continues to grow, investor interest in the suburbs has also increased in markets both East...
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...