Residential
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...
Seattle Area Apartment Vacancy Decreases in Newer Buildings Points to Balanced Market Growth
By Seth Sommerfeld The continual influx of new tech jobs coming to Seattle has simultaneously put stress on the housing market over the...
El Matador Apartments in Tukwila Sells for $7.4MM
(EDITOR’S NOTE: The per-unit price was about $168,000). Tukwila, WA, December 3, 2019 – For the first time since its construction in 1968,...
RISE Properties Acquires Kirkland Apartment Complex for $101.5MM
211-Unit Mix Use Community with 20,891sf of retail Purchased in Kirkland Marks the 24th Local Acquisition for RISE SEATTLE, November 26th, 2019 — RISE...
PropTech: In a World of Expensive Rent and Credit Requirements, TheGuarantors Paves Way Connects Tenants and CRE Pros
By Meghan Hall In booming commercial real estate markets markets, renting space — whether multifamily or commercial — can be daunting amidst increasing...
Invesco Sells Willowcrest Apartments in Seattle for $18.8MM
By Meghan Hall The Puget Sound’s multifamily market is off to an active fourth quarter, as seen by several transactions of various sizes....
RISE Properties and Aegon Real Assets Acquire Two More Assets in Seattle Area for $161.4MM
Two 336-Unit Residential Communities Purchased in Seattle Marks 22nd and 23rd Local Acquisitions for RISE SEATTLE, November 22, 2019 — RISE Properties Trust (“RISE”) a Canadian...
Equity Residential Spends $167.4MM to Acquire 325-Unit ‘Broadstone Saxton’ Apartments in Seattle
By Jack Stubbs In one of the larger multifamily sales this year, the first of a two-building luxury apartment property known as Broadstone...
Hyde Square, the Eastside’s Largest Multifamily Project, Sets Standard for Higher-Density Neighborhoods in Bel-Red
By Meghan Hall The Eastside’s Bel-Red corridor has long been a suburban haven for Seattleites looking to escape the hustle and bustle of...
