Shea Properties to Develop Apartment Project Near Facebook’s Campus
Aliso Viejo, Calif. -based Shea Properties closed on a site in Seattle earlier this month that is a block west of the Lake Union...
TIAA-CREF Adds to Seattle Portfolio with Apartment and Retail Deals
By Jon Peterson
New York City-based TIAA-CREF has increased its real estate exposure in the Seattle region with apartment and retail acquisitions.
Rich Kimble, senior director...
Los Angeles Pension Fund Doubles the Value on the Sale of Apartment in Renton
By Jon Peterson
The Los Angeles County Employees Retirement Association has sold the 288-unit Pebble Cove Apartments in Renton for $49.5 million, or $171,875 per...
Empty Lenora in Seattle Snatched Up for $40MM
CWS Capital Partners is the reported buyer of the empty Lenora apartment building in downtown Seattle, according to Puget Sound Business Journal. The six-story...
Kennedy Wilson Adds Major Exposure to Seattle with $78MM Investment in Vintage Housing Holdings
By Jon Peterson
Los Angeles-based Kennedy Wilson has made a major increase to its holdings in Seattle with a $78 million equity investment in Newport...
Greystar Expands Seattle Presence with $128MM Kirkland Apartment Buy
By Jon Peterson
Charlestown, S.C.-based Greystar has bought its first apartment property ever in the Kirkland market with the acquisition of the 496-unit Resort at...
UDR Plans for Higher Cap Rates by Buying Apartments Still in Development
By Jon Peterson
Denver-based UDR will be able to achieve cap rates that are 50 to 125 basis points higher by buying apartments in Seattle...
CalSTRS’ New Single-family Commitments to Target Seattle
By Jon Peterson
California State Teachers Retirement System has approved $150 million worth of new commitments in real estate targeting single-family investment opportunities. These two...
SARES REGIS Includes Seattle as Targeted Market for New Apartment Fund
By Jon Peterson
Irvine, Calif.-based SARES REGIS Group will have Seattle as one of its targeted markets for its new apartment investment fund, SARES REGIS...
ASB Buys First Two Apartments in Seattle for $90MM
By Jon Peterson
Bethesda, Md.-based ASB Real Estate Investments has acquired its initial two apartment properties in the Seattle market with the $90 million all-cash...
