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MBK Senior Living, Western United States, California, Washington, Arizona, Latham & Watkins, West Living, Cushman & Wakefield Senior Housing Capital Markets

MBK Senior Living Acquires 9 Communities for $382MM, One Property in Bellevue for $96.6MM

(EDITOR'S NOTE: The 278,706 square foot Bellettini Retirement Facility in Bellevue sold for $96.6 million, or approximately $346 per square foot, according to public documents.) IRVINE,...
Seattle, Lennar Northwest, Fulcrum Real Estate Services, Westcott Homes, Bothell, Lynnwood, King County, vacant land, public records

Several Vacant Land Sites in King and Snohomish Counties Sell for Combined $49.6MM

 By Jack Stubbs Land throughout the Puget Sound region is at a premium right now, and a handful of different development sites totaling 31 acres...
South Lake Union, Blume Company, Seattle, Newmark

Newmark Arranges $62MM in Fixed-Rate Financing for 624 Yale Apartments in Seattle

(EDITOR'S NOTE:  In May 2016, the developer, The Blume Company, and Newmark Realty Capital Inc., arranged a $44.276 million in construction financing for the property....
Seattle, Mt. Baker Housing Association, Washington State Department of Ecology, Aspect Consulting, Perkins Coie, Beacon Development Group

Local Non-Profit and Department of Ecology to Bring 144 Affordable Apartments to Seattle’s Mt....

By Jack Stubbs Housing affordability remains a pressing issue throughout Seattle and the rest of the Puget Sound region, and affordable housing developers are continually...
Mt. Baker Housing, Lake Union Partners, Grand Street Commons, Seattle’s Judkins Park, HAL Real Estate, Washington State Department of Ecology

Mt. Baker Housing, Lake Union Partners and HAL Real Estate Announce 3.2 Acre ‘Grand...

Large-Scale, Transit-Oriented Development Slated to Add 300 ‘Family-Sized’ Affordable Homes and Approximately 400 Market-Rate Units Near Future Light Rail Station Contaminated Site Clean-up Will Benefit...
Seattle, Apartment Insights, South Lake Union, Redmond, Seattle Downtown, Central/South Seattle, Seattle Times, First Hill, Bellevue West

Is This Going to Crush Rents in Seattle?

by Wolf Richter A phenomenal onslaught of the wrong kind of supply. Crane-counters in the metropolitan area of Seattle have long had an exciting time as...
Pending Home Sales, Association of Realtors, Pending Home Sales Index, NAR, Realtors, Northeast, Midwest, Confidence Index, The Pending Home Sales Index

Pending Home Sales Inch Back 0.5 Percent in May

WASHINGTON (June 27, 2018) – Pending home sales decreased modestly in May and have now fallen on an annual basis for the fifth straight...
Security Properties Residential

Security Properties Buys Lacey Apartment Complex for $54.5MM

SEATTLE, June 27, 2018 - On June 15, 2018, Security Properties and a university endowment purchased Marq on Martin, a Class A multifamily property...
Seattle, Skidmore Janette, Johnson Carr LLC, First Hill, Early Design Guidance, Design Review Recommendation, First Hill Improvement Association

91-Unit Development in Seattle’s First Hill Neighborhood Asked to Return for Second Design Review...

By Jack Stubbs On Wednesday, June 27th, a 91-unit project slated for Seattle’s First Hill neighborhood was denied approval at a Design Review Recommendation meeting....
Seattle, Ankrom Moisan, Roosevelt Development Group, Karen Keist Landscape Architects, Decker Consulting Engineers, Early Design Guidance

77-Unit Development in Seattle’s Roosevelt Neighborhood Approved at Design Review Recommendation Meeting

By Jack Stubbs On Monday, June 25th, a 77-unit development planned for Seattle’s Roosevelt neighborhood was approved at a design review recommendation meeting. At the...

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