CityLine, Seattle, Columbia City,

UDR Invests $102MM in CityLine Apartments in Columbia City

By Brittan Jenkins In a $102 million joint venture, Denver-based UDR acquired luxury apartment homes CityLine in Seattle’s Columbia City neighborhood. In Q1 2017, the...
Homewood Holdings, Building Industry Partners, Eagle Creek Siding, Mud Bay Manufacturing, Olympia, Seattle, Evergreen Lumber,

CBRE: Sentiments Show Signs of Where Commercial Real Estate Market is Heading

The commercial real estate market is impacted by many factors. The performance of the national and local economies are just some of the drivers....
Franklin Apartments, Studio 19 Architects, CallisonRTKL, Belltown

Historic Franklin Apartments in Belltown to get 24-Story Residential Tower Addition

By Brittan Jenkins Plans for the 24-story tower proposed at 2302 4th Ave. in Seattle’s Belltown neighborhood were presented to the Seattle Design Review Board...
Mt. Baker, Mt. Baker Village Apartments, South Seattle

Units at Mt. Baker Village Apartments in Seattle Sell for $14.75MM

By Brittan Jenkins Mt. Baker Housing Association, a Seattle-based affordable housing group, formed a limited partnership to purchase a number of low-income housing units...
Aegis, Aegis Senior Living, Lynnwood

Aegis Senior Communities Buys Lynnwood Facility for $10.5MM

Aegis, a family-owned senior care group based in Bellevue, purchased the building it has been operating out of from two LLCs associated with the...
TruAmerica, Somerset Apartment Homes, Kent, King County

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 deal that...

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, allowing...
Soundcare, Soudcare Inc., Tacoma, University place care center,

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 as attractive...
AvalonBay, Bothell, King County

AvalonBay Communities Buys Property in Bothell for $13MM

[googlemaps https://www.google.com/maps/embed?pb=!1m18!1m12!1m3!1d2679.0865956643593!2d-122.20990128436212!3d47.818539379199166!2m3!1f0!2f0!3f0!3m2!1i1024!2i768!4f13.1!3m3!1m2!1s0x54900f5d724f2b75%3A0x9ee5a04c95e0a3!2s19720+Bothell+Everett+Hwy%2C+Bothell%2C+WA+98012!5e0!3m2!1sen!2sus!4v1491523719332&w=640&h=450] 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, Hewitt, Barrientos + Ryan, Queen Anne, Uptown, Seattle

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 at a...

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