Residential
NorthMarq Completes $9,850,000 Acquisition Financing of The Fulton Apartments in Renton
SEATTLE, WASHINGTON (December 3, 2020) – Jake Leibsohn, vice president of NorthMarq’s Seattle-based regional office arranged the $9,850,000 acquisition financing of The Fulton Apartments on behalf...
Blackstone Continues Puget Sound Investment, Buys Five Apartment Communities for Combined $223.5MM
By Meghan Hall It has been a busy season for private equity investment firm Blackstone, who has closed on a number of property...
Vacation Rental Revenues Halved Amid COVID-19 Crisis, Entire Industry to Lose $35B in 2020
By Jastra Kranjec Over the years, the vacation rental industry became a huge business, with millions of tourists choosing fully furnished homes or...
New Residential Project Proposed for Seattle’s Mount Baker Neighborhood Faces Unique Design Challenges at Review Meeting
By Meghan Hall A 288,000 square foot apartment project proposed in Seattle’s Mount Baker neighborhood has worked to overcome a project-altering hurdle during...
Blackstone Sells Kent’s Arbor Chase Apartments for $24.5MM
By Meghan Hall Investors continue to show their interest in the Puget Sound market, placing capital into assets and betting on the long-term...
Wittman Estes Debuts Tsuga Townhomes and Reflects on Becoming its Own Client
By Meghan Hall As urban infill housing becomes a more popular product type throughout the Puget Sound, some firms are expanding their offerings...
26-Unit Clover Meadows Apartments Sells for $3.3M in Off-Market Deal
Seattle, Wash. – Clover Meadows Apartments, a 26-unit multifamily property located at 12517 47th Avenue SW in Lakewood, Washington, sold for $3,302,700 in...
PropTech: With PassiveLogic, Smart Buildings are not just “Connected” Buildings, They’re Intelligent
By Meghan Hall Technology has transformed the way that those in the commercial real estate industry are able to view property through the...
182-Unit Living Building Project in Seattle’s Belltown Fails City Review
By Vladimir Bosanac At times, even the most progressive plans can get stymied by details largely irrelevant to its core mission. One such project,...
Microsoft Pledges $65MM to Create 1,000 Affordable Units Across Greater Seattle
Nearly two years into Microsoft’s Affordable Housing Initiative, it has become apparent that in order to close the affordable housing gap in our region...
Puyallup Tribe of Indians Buys Fife Apartment Complex for $13.6MM
By Meghan Hall A brand-new residential complex in Fife, Wash., has traded hands. According to public records, The Lux at Fife has sold...
Apartment Development Site in UW’s Greek Row Sells with Plans & Permits in Place for 36-Bedroom Student Housing Project
Seattle, Wash. (November 16, 2020) – A University District townhome development site, located at 4741 18th Avenue NE in Seattle, Washington, has sold...
