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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...
Seattle, Puget Sound, Added Equity RE, Zillow, Quill Realty, RMB Vivid

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...

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