Residential
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...
Greystar Earns Low to Mid Four Cap Rates on Two Apartment Deals in Fremont
By Jon Peterson Charleston, S.C.-based Greystar Real Estate Partners has bought two apartment properties in the Fremont sub-market of Seattle at cap rates...
Pacific Urban Residential Gets New $387MM Commitment from CalPERS
By Jon Peterson Palo Alto-based Pacific Urban Residential has received a new $387 million equity allocation from the California Public Employees Retirement System...
Apartment Development Site Sold in Queen Anne for $3.7MM
By Jon Peterson Seattle-based Briarbox has paid $3.7 million to buy an apartment development site in the lower Queen Anne/Uptown submarket in Seattle...
Belltown’s Natasha Project Site Sells for $8MM
JDA West has been named as the buyer of 2134 Western Ave. half-acre site in Seattle’s Belltown area. The half-acre site will house...
Robust Puget Sound Job Growth Drives Real Estate to Boomtown Pace
By Neil Gonzales It’s no secret that where there’s job growth there’s development, and Puget Sound has plenty of both. “Clearly, job growth...
Development Ratchets up in South Lake Union
By Neil Gonzales For the better part of the past decade, Seattle’s South Lake Union neighborhood has surged with development with the likes...
Urban Visions’ Proposal for South Downtown Seattle Offers New Twist
By Neil Gonzales Seattle-based sustainable developer Urban Visions has a watery design for an ambitious commercial project in the southern part of downtown....
Puget Sound Apartment Market Booming
By Robert Carlsen With employment growth projected to rise in the Puget Sound region over the next few years—mixed with a 3.4 percent...
CalPERS New $1.5B Commitment to be Partially Invested in San Francisco and Seattle
By Jon Peterson California Public Employees Retirement System is planning to invest in office building transactions in the San Francisco and Seattle markets...
Seattle Evaluating a 14-Story, Mixed-Use Building in Financial District
By Alice Yin Hotel Concepts is in the process of designing a 14-story mixed-use building in Seattle’s International District. The project aims to...
