MG Properties Group Acquires 123-Unit Newberry Square Apartments in Lynnwood for $33.8MM
By Jack Stubbs
San Diego, California-based MG Properties Group recently made a move to expand its residential portfolio.
On Wednesday, November 29th, the company acquired the...
Rents Plunge in the Most Expensive US Cities
But many mid-tier markets are red-hot.
by Wolf Richter
In San Francisco, the most expensive major rental market in the US, the median asking rent in...
PGIM Real Estate Buys Mobile Home Park in Puyallup for $22MM
By Jack Stubbs
PGIM Real Estate, a global real estate investment firm that offers its clients real estate equity, debt, and securities investment strategies, last...
R.C. Hedreen’s 824 Howell 475-Room Hotel Project Hits Snag with Seattle’s Design Review Board
By Vladimir Bosanac
Maybe it was the anticipation of the upcoming long Thanksgiving weekend or simply a developer testing the market, but the first design...
Seattle’s Slimmest Tower Granted Design Review Approval
By Vladimir Bosanac
Seattle may be getting it’s slimmest tower yet, as the proposal to construct a 42-story, 312-unit apartment building with ground floor retail...
Facebook (Still) Letting Housing Advertisers Exclude Users by Race
By Julia Angwin, Ariana Tobin and Madeleine Varner
In February, Facebook said it would step up enforcement of its prohibition against discrimination in advertising for...
32,370 Square Foot Four-Tenant Commercial Condo in Seattle Sells for $17.75MM
By Jack Stubbs
On Tuesday, November 14th, 500 Mercer, a 32,370 square foot, four-tenant commercial condominium sold for $17.75 million, or approximately $548 per square...
Kennedy Wilson Raising Up to $1 Billion for New Investment Fund, Will Continue Seattle...
By Jon Peterson
Beverly Hills-based Kennedy Wilson is currently in the process of raising $750 million to $1 billion for its newest investment fund, Kennedy...
McNellis: West Coast Housing Crisis is a High Class Problem
By John McNellis
There are problems and then there are high-class problems. Being unemployed is a problem. Getting hit with a huge tax bill is...
141-Unit Othello Project in Seattle Approved to Proceed at Design Review Recommendation Meeting
By Jack Stubbs
“A lot of the conversations and discussions you’ve had with the community have helped the project to come a long way since...