MIG Buys First Apartment Building in the Seattle Market for $46MM

By Jon Peterson Newport Beach, Calif.-based MIG Real Estate has made its $46.6 million purchase of the 274-unit Berkshire Apartments located at 1300 Eagle Drive...
Black Creek Group, Denver, J.P. Morgan Asset Management, J.P. Morgan Global Alternatives, North America

Clise Properties to Deliver New $284MM Apartment Development in Seattle

By Jon Peterson Seattle-based Clise Properties is developing the 450-unit 2202 8th Avenue apartment project in the South Lake Union sub-market of Seattle. The total...

Vulcan Plans Up to 650 Units in Yesler Terrace

By Jon Peterson Seattle-based Vulcan Real Estate is planning the first of three new apartment developments in the Yesler Terrace region of Seattle that will...

Florida Pension Fund Buys Two Apartment Buildings in Seattle for $154MM

By Jon Peterson Tallahassee, Fla.-based State Board of Administration of Florida has acquired two apartment complexes in Seattle for a total investment of $154 million,...
Kennedy Wilson, Slate Creek, Roseville, Las Vegas Valley, Big Trout Lodge, City of Liberty Lake, Heatherbrae Commons, Milwaukie, Montair, Somerset Hill, Tumwater, StonePointe, University Place, Ireland

West Coast Cities Among Least Affordable for Renters, Report Finds

By Adam Steinhauer Nationwide, rental housing vacancy rates are the lowest they’ve been in 30 years and a record number of renters are spending more...

Puget Sound Condo Market Starting to Pick up Steam

By Neil Gonzales The condominium market in Puget Sound could be in full swing by the time Canadian developer Burrard Group’s proposed 41-story residential tower...
Sportsman's Warehouse, Everett, Puget Sound

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 million, according...

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 Somerset Green...
Savills, Seattle, Puget Sound, technology

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 has moved on...

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 employment base...

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