Residential
TruAmerica Sells Off Kent Apartment Homes for $49.5MM
By Brittan Jenkins Los Angeles-based investment firm TruAmerica sold the Somerset Apartment Homes in Kent for $49,535,500 or $150,564 per unit in a...
Seattle Expects Few Affordable Housing Units in Downtown and South Lake Union with Upzone
Taller buildings are heading for Seattle’s South Lake Union and downtown areas, as the Seattle City Council passed on Monday a unanimous upzone,...
Soundcare Sells Senior Living Communities in Tacoma for $20MM
By Brittan Jenkins Residential transactions around the Puget Sound region have been in the news recently, and senior housing properties have become just...
AvalonBay Communities Buys Property in Bothell for $13MM
Arlington, VA-based equity REIT AvalonBay Communities just closed on the purchase of three parcels of land in Bothell for $13 million. AvalonBay acquired...
GGLO Presents Plans For Former Site of Teatro ZinZanni to Design Review Board
By Brittan Jenkins Plans for the somewhat controversial site where Seattle’s Teatro ZinZanni operated for a decade, were presented to a packed room...
Development Site Up For Grabs in Seattle’s Lake City
By Brittan Jenkins For $2.5 million or $92.31 per square foot of land, Kidder Mathews is looking for an interested developer to build...
Pathfinder Partners Sell Florera Condominiums in Greenlake for $12.68MM
By Brittan Jenkins San Diego-based Pathfinder Partners sold the Florera Condominiums in Greenlake for $12,681,576.26 to a Bellevue-based entity called GL 413 Investment...
Hearthstone Buys Undeveloped Land in Issaquah Highlands for $49MM
By Brittan Jenkins Newport Beach, CA-based William Lyon Homes, which previously acquired Polygon Northwest, sold four parcels of undeveloped land in Issaquah Highlands...
Mayfield Investment Company Acquires The Carroll Kensington Apartments for $23MM
Real estate investor and property manager, Mayfield Investment Company, which has office and apartment assets throughout the West Coast, purchased the Carroll Kensington...
Section 8 Housing Development in Everett Sells for $33.3MM
By Brittan Jenkins Torrance, CA-based Preservation Partners Development/Management Group, associated with William Szymczak, sold a Section 8 housing development, Trailside Village, at 1308...
$1 Billion Lincoln Square Expansion in Bellevue is Almost Fully Leased
By Brittan Jenkins Eleven years after Kemper Development Company opened Lincoln Square in Bellevue, the group is ready for its expansion of the...
HomeUnion Names Seattle Top Real Estate Market for Single Family Rentals in the Nation
By Brittan Jenkins Once again, Seattle is dominating the real estate market, having been mentioned in a number of recent studies and reports...