Residential
Simon Property Group Receives Positive Feedback on Most Recent Plans for Northgate Mall Redevelopment at Third REC Meeting
By Jack Stubbs Northgate—a neighborhood in North Seattle, roughly seven miles north of the city’s Central Business District—has in recent months been garnering...
Orenda is the PNW First Public-Private Equity Investment for Workforce Housing
Seattle (June 12, 2019) – Laird Norton Properties (LNP), Spectrum Development Solutions(Spectrum), and Seattle Children’s announced today an expanded partnership at Orenda to address the workforce...
RISE Properties and Aegon Real Assets U.S. Spend $43.3MM to Acquire 198-Unit Bryson Square Apartments in Kent
SEATTLE (June 11, 2019) — RISE Properties Trust (“RISE”) a Canadian real estate trust based in Seattle, and Aegon Real Assets US (“Aegon RA”), an...
Security Properties Spends $91.75MM to Acquire the 248-Unit Legacy at Pratt Park Apartments in Seattle
By Jack Stubbs Just a few weeks after its late May acquisition of the 512-Unit Taluswood Apartments in Mountlake Terrace for $136.25 million,...
136-Unit Development in Seattle’s University District Approved at Second DRG Meeting
By Jack Stubbs The University District in Seattle—home to the city’s iconic University of Washington and located roughly five miles north of the...
Port of Everett Commission Unanimously Votes to Authorize Eminent Domain to Acquire Vacant Kimberly-Clark Mill Site
Everett, Wash. — On June 4, the Port Commission unanimously approved a resolution authorizing the Port to utilize its eminent domain authority to acquire...
MJS Investors Sells 7 Acres of Vacant Land in Bothell at Site of Proposed 118-Unit Townhome Project
By Jack Stubbs The city of Bothell—located roughly fifteen miles north of downtown Seattle—to some may seem as an unlikely corporate campus destination,...
Blackstone Group Spends $93MM to Acquire 450-Unit River Trail Apartments in Puyallup
By Jack Stubbs New York-based Blackstone Group, one of the world’s leading investment firms, recent made moves to expand its Puget Sound region...
Mt. Baker Housing Project Named Finalist for Affordable Housing Finance 2019 Readers’ Choice Awards
Restoration of Mt. Baker Village Apartments Recognized for Unique Financing, Outstanding Renovations and New Construction Elements in Prestigious Award’s Preservation Category Seattle (June...
283-Unit Apartment Project Planned Near Seattle’s University Village Moves Forward to MUP Application Phase
By Meghan Hall Seattle-based Alliance Residential Company and Encore Architects have teamed up to bring additional housing to one of the quickest growing...
The Luxury Housing Glut: Where High-End Multifamily Reigns Supreme, One Investor Pursues Workforce Housing
By Meghan Hall Historically, multifamily assets have proven resilient at all stages of the market cycle, and across the country investors and developers are...
72-Unit 205 Apartments in Shoreline Sells for $21MM at Time of Change for Growing Region
By Jack Stubbs Roughly two months after selling the 230-Unit Altia Townhomes and Apartments in Lynnwood for $58 million to California-based FSC Realty,...
