Residential
BentallGreenOak Buys 238-Unit Ballard Independent for $152MM in Seattle
BentallGreenOak’s $638,655-per-unit purchase of the newly built property from Holland Partner Group and NASH follows a similarly priced Mercer Island trade a week...
Kirkland’s Houghton Village Site Comes to Market for 145-Unit Mixed-Use Redevelopment
The City of Kirkland has hired CBRE to market its long-vacant Houghton Village property, a 2.2-acre Eastside parcel the city bought in 2022...
Nordic Partners Investments Buys 107-Unit Monticello Apartments for $14.4MM in Seattle’s First Hill
The 107-unit Monticello Apartments drew multiple competing offers in an off-market process before selling for $134,579 a unit, well below Seattle’s broader multifamily...
Greystar Takes Over Fully Entitled 219-Unit Belltown Apartment Project at 3000 Western in Seattle, Replacing Washington Holdings
Greystar has stepped into one of Belltown's most prominently sited apartment developments, going under contract for a fully entitled 219-unit project across from...
King County Assessor Candidates Line Up Behind Homestead Exemption That Would Shift Tax Burden to Commercial Owners
The four candidates running to replace John Wilson as King County assessor have coalesced around a universal homestead exemption that would cut tax...
Washington’s HB 1110 Head Start Positions the Puget Sound to Cash In on New Federal Housing Law
Washington’s early move to end single-family-only zoning may prove to be the region’s biggest advantage under the new federal housing law, which floods...
King County Housing Authority Announces Groundbreaking on 154-Unit Trailhead Apartments in Issaquah
Nearly a decade after the city first solicited proposals for the site, the King County Housing Authority has started construction on an eight-story...
Rainbow Terrace to Replace Demolished Everett Church With All-Affordable Senior Units
Housing Hope’s Rainbow Terrace was one of six projects to share $23 million in Snohomish County housing and behavioral health grants awarded in...
Brokers Turn to Autonomous AI Agents to Automate Rent Comp Tracking
Commercial real estate brokers are increasingly handing rote market research to autonomous AI agents that assemble proprietary comp databases and monitor rival properties...
Pillar Communities Sells 120-Unit Pine+Minor Apartments in Seattle for $28.4MM
The sale of Pine+Minor marks the first ownership change at the Capitol Hill property since Portland developer Gerding Edlen sold the building roughly...
42-Unit Bellewood Townhomes to Replace 1978 Office Park in Bellevue
A Northwest Bellevue office park built in 1978 has cleared a major hurdle toward becoming 42 townhomes, with the city’s director issuing approval...
Essex Property Trust Settles RealPage Rent-Algorithm Antitrust Case for $36.5MM
Essex Property Trust used its second-quarter earnings report to disclose it had fully resolved the closely watched antitrust claims tied to RealPage’s rent-setting...
