Residential
Design Review Board Approves 5-Story Apartment Building Subject Design in Eastlake
By Bekka Wiedenmeyer Seattle’s Eastlake neighborhood is a multi-use urban space that connects Downtown Seattle to the University District, with connections to Lake...
36-Unit Apartment Portfolio in Shoreline Sells for $5.7MM
SHORELINE, WA – Summerfield Commercial is pleased to announce the successful portfolio sale of Village Vista and Village East Apartments, a combined 36...
Trends of the Future: Co-Living, Functionality, and “Culturegraphics” Expected to Dominate Residential Spaces, According to Industry Expert
By Meghan Hall The beginning of a new year—and a new decade—means that almost everyone has their eyes on the future. As the...
Design Review Board Approves 2 Mixed-Use Towers in U-District Core
By Bekka Wiedenmeyer University Temple United Methodist Church (UTUMC) has resided in Seattle’s University District since 1901 and since grown from a singular...
Security Properties Shells Out $163.3MM for Issaquah Anthology Apartments
By Meghan Hall Seattle’s downtown core is no longer the only place where high-end apartment communities are trading for top dollar, and Puget...
Pierce County Sees Big Apartment Sale, The Arbors at Edgewood Bought for $64.7MM
By Meghan Hall The fourth quarter saw the vast majority of major transactions located in Seattle’s downtown core and Bellevue, with several apartment...
Technology Company Katerra Construction Spends $26.8MM to Acquire Parcel in Kirkland at Site of Planned 400-Unit Multifamily Project
By Jack Stubbs As 2019 comes to a close, and with multiple multifamily properties having changed hands over the last few weeks, companies...
Seattle Apartment Investors Spend $31.1MM on First Hill Property
By Vladimir Bosanac Of all the firms that have made considerable investments across the Puget Sound, it is perhaps the local operators who...
The Decade in Housing Trends: National Average Rent Up 36 Percent from Previous Decade
By Meghan Hall The past decade has seen a massive shift in the nation’s multifamily market, with boomers aging out, millennials growing up,...
Essex Property Trust Expands in Redmond with $39MM Buy
By Vladimir Bosanac San Mateo, Calif.-based Essex Property Trust is one West Coast’s most prolific apartment building investors. It owns 247 apartment complexes...
Kennedy Wilson Buys Tacoma Apartment Complex for $41MM
By Vladimir Bosanac Apartments, offices, industrial warehouses, retail centers are all on the hit list of institutional investors looking to dip their toes...
Bell Partners Expands Puget Sound Portfolio with $91.6MM Acquisition of Alexan Marymoor Apartments in Redmond
By Meghan Hall As Redmond’s job market has taken off due to the presence of tech companies on the Eastside, its multifamily market...