Landmark Properties Acquires Two-Parcel Property in University District for $19MM
12th Avenue Northeast
By Jack Stubbs
On a deal that closed on June 10 – but was officially recorded on June 13 – a two-parcel property...
Three Tacoma Apartment Deals Fetch $73MM in Combined Sales and $57.7MM in Financing
BELLEVUE, Wash., IRVINE, Calif. and SEATTLE – June 15, 2022 – Berkadia announced today the $73.425 million in combined sales and the $57.72 million in...
125-Unit Transit-Oriented Development Planned for Des Moines by GIS and New Core JV
Mixed-use complex represents latest workforce-housing development for burgeoning Des Moines community; project owners, designers adding 125 units of market-rate apartments, robust amenities to transit-rich...
LMC Announces Opening of 548-Unit Ovation in Seattle
Two-tower Community Introduces 548 Luxury Homes on First Hill
SEATTLE, Wash. – June 16, 2022 – LMC, a leader in apartment development and management, today announced...
Report: Puget Sound Multifamily Market Dynamics Display Economic Resilience
By Natalie Nagy
After the projected health and vibrancy of multifamily housing in the first quarter of 2022, all eyes were on the second quarter’s...
PEF Advisors Closes $100MM Affordable Housing Investment Fund
IRVINE, Calif. – June 7, 2022 – Preservation Equity Fund Advisors, LLC (PEF Advisors), a real estate private equity group focused on preserving existing...
312-Unit, Two-Tower Mixed-Use Project by OneLin Capital Corporation Moves Forward in Seattle
By Catherine Sweeney
A massive two-tower development planned for Seattle’s University Commercial District is taking another step forward, following a meeting with the Northeast Design...
Cadman Materials Offers up for Sale Site in Bellevue with Potential Pricing of $120MM...
By Jon Peterson
The recent activity in commercial development across the Eastside has provided opportunities for owners to explore selling excess land parcels. Redmond-based Cadman Materials...
Security Properties Acquires Tualatin, OR River Ridge Apartments for $70MM
SEATTLE, June 14, 2022 -- On June 9, 2022, Security Properties purchased River Ridge, a Class A multifamily property located in Tualatin, OR for $70,000,000 ($388,888 per unit). Security Properties now...
Security Properties Receives $115MM Construction Financing for Mixed-Use Development in Seattle’s Belltown Neighborhood 
SEATTLE, Wash., –– Cushman & Wakefield announced the firm served as the exclusive advisor to Security Properties, Inc. in the procurement of a $65,160,000...