Residential
Strata Buys Five-Property Apartment Portfolio for $153.5MM
By Jon Peterson San Diego-based Strata Equity Group has acquired a five-property apartment portfolio totaling 1,041 units in Everett and Lynwood for $153.5...
Grosvenor to Achieve a 5 Cap Rate on Bellevue Apartment Acquisition
By Jon Peterson Grosvenor Americas is looking to earn just over a 5 percent cap rate on its $40.2 million acquisition of the...
Greystar’s Seattle Ambitions Grow
By Neil Gonzales Multifamily developer Greystar’s ambitions continue to grow with Seattle’s booming real estate market. In recent months, the South Carolina-based company...
Redmond Multifamily Properties Sell as City Prepares for More Growth
By Nancy Amdur Two downtown Redmond multifamily properties were sold last month as the city experiences strong demand for housing amid a growing...
Resmark Sells Redmond Apartment Complex at Low 4 Cap Rate
By Jon Peterson Los Angeles-based Resmark Apartment Living has sold the 208-unit The Luke apartment complex in Redmond at a low four percent...
Acacia Capital Buys First Apartment Complex in Kirkland for $40.9MM
By Jon Peterson San Mateo, Calif.-based Acacia Capital Corporation has acquired its first apartment property in Kirkland with the $40.9 million acquisition of...
AvalonBay Starts up $110MM Apartment Project in Newcastle, WA
By Jon Peterson Arlington, Va.,-based AvalonBay Communities has started construction on the 378-unit Avalon Newcastle apartment project in Newcastle. The total capital cost...
City’s Largest Construction Sites Concentrated in South Lake Union and Denny Triangle
By Robert Carlsen That the Seattle skyline this year has been dominated by construction cranes is not a mirage. In fact, there are...
Bothell’s Six Oaks Fetches $63MM
The Six Oaks mixed-use development in downtown Bothell now has a new owner. Vancouver, BC-based Belkorp Holdings is the reported buyer of the...
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...
