Sequoia Equities Expands into Seattle Apartment Market with $93MM Buy
By Jon Peterson
Walnut Creek, Calif.-based Sequoia Equities makes its first apartment deal in the Seattle market with the $93 million acquisition of the 351-unit...
Seattle Construction on A Rabid Pace
By Neil Gonzales
Steve Kelly, who is paid to know all about the construction industry in Puget Sound, doesn’t need to go far from his...
Waterton Pays $20.2MM for Apartment Complex in Lynwood
By Jon Peterson
Chicago-based Waterton Associates has paid $20.2 million or $130,000 per unit late last year to acquire the 155-unit Martha Lake apartment complex...
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...
