Residential
Report: As Investors Look at Next Steps, Brokerage Firm Calls National Commercial Real Estate Market “Balanced”
By Meghan Hall Ten years out from the Great Recession of 2008 and 2009 and by many accounts, the nation’s economic engine is...
West Seattle Lot with Potential for 75 Units Sells for $2.17MM
SEATTLE, WA, October 18, 2019– Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and...
Fierce Competition Amongst Lenders in Seattle Apartment Market
Seattle, Wash. (October 31, 2019) – The first annual multifamily lending market update, released by the multifamily investment team led by Dylan Simon...
In One of 2019’s Largest Apartment Sales, Issaquah Terrace Apartments Trades for $125MM
(EDITOR’S NOTE: According to public property documents, the buyer of the asset was Palo Alto, Calif.-based Pacific Urban Residential. The property sold for...
RISE Properties Trust and Cigna Acquire Joseph Arnold Lofts Apartments in Seattle for $74.5MM
(EDITOR’S NOTE: According to public property documents, the seller of the property was Invesco. The property sold for just over $568,700 per unit.)...
Cahill Equities Spends $75MM to Acquire 161-Unit Verve Apartments in Seattle’s Belltown
By Jack Stubbs The Seattle multifamily market continues to attract interest from Bay Area based firms looking to expand their portfolios in the...
24-Story Tower Adjacent to UW Campus Proposed, Would Be University District’s Southernmost High-Rise
By Meghan Hall Large scale development is slowly inching its way south toward the University of Washington, where traditionally, mid-rise residential and educational...
In Two-Part Transaction, 166-Unit Metropolitan Apartments in Tacoma Sells for Combined $46.5MM
By Jack Stubbs On October 23rd, as part of two transactions that were recently recorded, the Metropolitan Apartments—a two-building, 166-unit complex—sold for $46.5...
Building A New City: Weinstein A+U’s Perspective on 40 Years in the Business and Seattle’s Changing Built Environment
By Meghan Hall Founded in 1977 by Ed Weinstein, architecture firm Weinstein A+U began as “two guys with drawing boards” who focused on...
126-Unit Residential Development Planned for Site Next to Yesler Terrace Community Center Returns and Passes Second Recommendation Meeting
By Meghan Hall Seattle’s Yesler Terrace community has a storied history of economic and cultural diversity, something neighborhood organizations, city officials and developers...
Talon Private Capital Spends $15.4MM to Acquire 72-Unit Ballinger Estates Apartments in Lake Forest Park
By Jack Stubbs As local investors and renters continue to move further north in Seattle outside of core neighborhoods, assets further afield in...
Designs for 24-Story High Rise in Seattle’s U-District Approved
By Meghan Hall Another high-rise is gearing up for construction in the northern part of Seattle’s University District, where several other large-scale projects,...
