Residential
41-Unit Mercer Apartments in Lower Queen Anne Sells for $11.8MM
By Jack Stubbs On December 5th, as a transaction that was recently recorded, the Mercer Apartments in Lower Queen Anne sold for $11.8...
54-Unit Gilbert Apartments in Seattle’s Queen Anne Neighborhood Sells for $30.6MM
By Jack Stubbs The Gilbert Apartments, a 54-unit apartment complex in Seattle’s bustling Queen Anne neighborhood sold on December 10th for $30.6 million,...
Lennar Spends $22.46MM to Acquire Three-Parcel Property in Redmond Where Company’s 450-Unit Residential Project is Underway
By Jack Stubbs On December 6th, in a transaction that was recently recorded, a three-parcel industrial property in Southeast Redmond—at the site of...
Sack Properties Spends $32.2MM to Acquire 96-Unit Summit Apartment Homes in Redmond
By Jack Stubbs On December 9th, Sack Properties, a San Francisco-based multifamily real estate investment firm that has predominantly focused on developing properties...
Vibrant Cities Raises $43.5MM for Seattle Waterfront Residential Project
SAN FRANCISCO, December 12, 2019 – JLL announced today that it has raised capital totaling $43.5 million for the development of Infinity Shore Club Residences,...
$47MM Construction and Permanent Financing Arranged for 125-Unit Bellevue Project
Bellevue, Wash. – Dec. 3, 2019 – CBRE Capital Markets’ Debt & Structured Finance team has secured $47 million in construction financing for...
Mayor Durkan Announces $110 Million to Create 1,944 Affordable Homes, the Largest Award in the City’s History
(EDITOR’S NOTE: According to city officials, Seattle will leverage an additional $600 million in public and private investments, and over the last three...
$66.5MM in Financing Arranged for Mixed-Use Portfolio in San Francisco Bay Area and Puget Sound, Signaling Continued Lender Interest in Major Gateway Markets
By Meghan Hall Speculation about the future health of the economy and the nation’s wider commercial real estate market have done little to...
Mesa West Capital Originates $52MM for Rise Properties’ Acquisition of Seattle Apartment Community
Los Angeles, CA (December 9, 2019) – Mesa West Capital has provided the joint venture of Rise Properties Trust and Cigna Investment Management with $52 million...
Sares Regis Buys Eastlake 2851 Apartments in Seattle for $56.7MM
By Meghan Hall Just before the year’s end, two major commercial real estate entities, New York-based Silverstein Properties and San Mateo, Calif.-based Sares...
Former Microsoft CEO Steve Ballmer Buys Hunts Point Mansion for $9.8MM
By Meghan Hall Hunts Point, Washington, is a small—but idyllic—town located on a small peninsula on the Puget Sound’s Eastside, not far from...
Nation’s 15th Largest Owner of Apartment Homes Suspends Use of Facebook for Marketing its Properties
(Kirkland, WA) —Weidner Apartment Homes, the nation’s 15th largest owner of apartment homes will suspend the use of Facebook to better protect privacy and...