Residential
Lowe Enterprises Pays $32MM for Apartment Complex in Puyallup
By Jon Peterson Los Angeles-based Lowe Enterprises Investors has bought the 256-unit Deer Creek Apartments in Puyallup for $32.5 million or $126,000 per...
Cresent Heights Aims for Tallest Tower in the West with Financial District Project
By Robert Carlsen A Miami-based developer is causing quite a stir with plans to build a 101-story tower in Seattle’s financial district called...
U District Poised for Great Future
By Robert Carlsen With preliminary draft plan recommendations anticipated to be completed by the end of the year and with hopes of a...
Waterton Opens First Ever San Francisco Office, Seeks More Activity on West Coast
By Jon Peterson Chicago-based Waterton Associates has set up its first ever regional office in San Francisco as it hopes to be a...
8-Unit Hoven Apartments in U. District Shows Strong Interest in Seattle Housing
Kidder Matthews has just announced the start of the sales of apartments in the 8-unit Hoven Apartments complex in Seattle’s U. District. The...
With Room to Grow, Multifamily Sector Reaches Prior Peak
For all the election hoopla of late, the real estate industry is one sector of our economy that can provide strong evidence of...
Heitman to Earn Low Four Cap Rate on Dimension Acquisition
By Jon Peterson Chicago-based Heitman will be achieving a 4.2 percent cap rate on its purchase of the 298-unit Dimension by Alta apartment...
Berkshire To Seed New Investment Fund with Assets in San Jose and Seattle
By Jon Peterson Boston-based The Berkshire Group has seeded its new investment fund with properties in San Jose and in the Seattle area,...
TruAmerica Buys Four Assets in Seattle for $121MM
By Jon Peterson Los Angeles-based TruAmerica Multifamily has acquired four apartment properties in the Seattle area for $121.45 million or $151,000 per unit....
Waterton Pays $80MM for Apartment in Mountlake Terrace
By Jon Peterson Chicago-based Waterton Associates has paid $80.5 million or $157,000 per unit to buy the 512-unit Taluswood Apartments in Mountlake Terrace,...
TruAmerica Pays $36MM to Buy Apartment in Renton
By Jon Peterson Los Angeles-based TruAmerica Multifamily paid $36.75 million or $181,000 per unit to buy the 202-unit Windsor Apartment Homes in Renton....
Belltown’s Dimension Building Sells for $144MM
Chicago-based real estate investment management firm Heitman has been named as the buyer of the Dimension apartment building in Seattle’s Belltown area. The...